India's economic reform started from the realm of finance, which is within the category of soft power of a country. The wax and wane of the overall power of a country is largely determined by the interplay of hard...India's economic reform started from the realm of finance, which is within the category of soft power of a country. The wax and wane of the overall power of a country is largely determined by the interplay of hard and soft pwers in question. India's soft power has its own characteristics and advantages, which chiefly manifest in its culture, parliamentary democracy, education and finance. In the 21st century, these advantages will continue to have significant play.展开更多
In the increasingly decentralized energy environment,economical power dispatching from distributed generations(DGs)is crucial to minimizing operating costs,optimizing resource utilization,and guaranteeing a consistent...In the increasingly decentralized energy environment,economical power dispatching from distributed generations(DGs)is crucial to minimizing operating costs,optimizing resource utilization,and guaranteeing a consistent and sustainable supply of electricity.A comprehensive review of optimization techniques for economic power dispatching from distributed generations is imperative to identify the most effective strategies for minimizing operational costs while maintaining grid stability and sustainability.The choice of optimization technique for economic power dispatching from DGs depends on a number of factors,such as the size and complexity of the power system,the availability of computational resources,and the specific requirements of the application.Optimization techniques for economic power dispatching from distributed generations(DGs)can be classified into two main categories:(i)Classical optimization techniques,(ii)Heuristic optimization techniques.In classical optimization techniques,the linear programming(LP)model is one of the most popular optimization methods.Utilizing the LP model,power demand and network constraints are met while minimizing the overall cost of generating electricity from DGs.This approach is efficient in determining the best DGs dispatch and is capable of handling challenging optimization issues in the large-scale system including renewables.The quadratic programming(QP)model,a classical optimization technique,is a further popular optimization method,to consider non-linearity.The QP model can take into account the quadratic cost of energy production,with consideration constraints like network capacity,voltage,and frequency.The metaheuristic optimization techniques are also used for economic power dispatching from DGs,which include genetic algorithms(GA),particle swarm optimization(PSO),and ant colony optimization(ACO).Also,Some researchers are developing hybrid optimization techniques that combine elements of classical and heuristic optimization techniques with the incorporation of droop control,predictive control,and fuzzy-based methods.These methods can deal with large-scale systems with many objectives and non-linear,non-convex optimization issues.The most popular approaches are the LP and QP models,while more difficult problems are handled using metaheuristic optimization techniques.In summary,in order to increase efficiency,reduce costs,and ensure a consistent supply of electricity,optimization techniques are essential tools used in economic power dispatching from DGs.展开更多
This paper examines the effect of supply-side structural reforms on China＇s potential economic growth rate in the coming decade according to the data the authors have gathered. Under the rapid growth scenario with th...This paper examines the effect of supply-side structural reforms on China＇s potential economic growth rate in the coming decade according to the data the authors have gathered. Under the rapid growth scenario with the implementation of supply-side structural reforms, China＇s potential economic growth rate will reach an average of 6.5% and 5.8% respectively in the 13th Five-year Plan （2016-2020） and 14th Five-year Plan （2021-2025） periods. These rates are 0.2 and 0.3 percentage points higher, respectively, than that under the baseline scenario with the inertia of historic trends. In implementing supply-side structural reforms, China must transform governmental functions, break monopolies, create a comprehensive competitive market environment, foster the creation of pro-innovation mechanisms, refocus on quality and efficiency, and raise capital utilization and labor productivity.展开更多
Xi’an is situated at west China, the industrial structure the restriction function which grows to the economy is not balanced more obvious, uni？ es the Xi’an actual situation, speeds up the supplies side constituti...Xi’an is situated at west China, the industrial structure the restriction function which grows to the economy is not balanced more obvious, uni？ es the Xi’an actual situation, speeds up the supplies side constitutive property reform, the promotion industrial structure optimized promotion appears especially importantly. Firstly, this paper analyzes the present situation and development trend of supply-side reform at home and abroad. Based on the situation of Xi’an, the author analyzes ？ ve production-side reforms, such as “de-production,” “de-stocking,” “deleveraging”, “cost reduction” The author puts forward the main problems of Xi’an’s supply-side reform to promote economic growth. Finally, it puts forward the path choice of supply-side reform to promote economic growth in Xi’an. Adhere to reform and expand and demand side, supply side in xian accurate docking, supply and demand in xi ‘an supply side reform should constantly improve production quality, give full play to the market on the supply side of the reform main body role and foster the subject of the new.展开更多
<Abstract>The thesis profiles and explains the significant changes that have taken place in China's regional development patterns since the inception of its economic reform and opening three decades ago.The ...<Abstract>The thesis profiles and explains the significant changes that have taken place in China's regional development patterns since the inception of its economic reform and opening three decades ago.The analysis show that prior to the reform China's spatial development pattern was characterized by the dominance of the three municipalities and the Northeast,as well as by both the coast-interior and the north-south disparities.After three decades of reform,regional development has become multi-centered with South China,the Yangtze Delta and the Beijing-Tianjin area being the three most important regions of the country.The coastal provinces as a whole rose to prominence on China's economic map while the Northeast has diminished its clout.The coast-interior gap not only remains but may have widened. And especially in the latest ten years,the economic map continue changing,some provinces rose up quickly,while some declined rapidly.The paper discusses main specific factors that have reshaped China's spatial development patterns.展开更多
Since the eruption of the recent global financial crisis, major countries have been pushing forward structural reforms with science and technology （S＆T） innovation at the heart. Since taking office, US President Do...Since the eruption of the recent global financial crisis, major countries have been pushing forward structural reforms with science and technology （S＆T） innovation at the heart. Since taking office, US President Donald Trump has adopted an ＂America First＂ strategy but has yet to specify a clear S＆T innovation policy. However, Trump＇s current policies have already affected S＆T innovation and his planned budget cuts will impact US growth potentials. Compared with the US, China is steadily implementing its innovation-driven development strategy with significant improvement in S＆ T innovation that increasingly supports economic growth. To spur future economic growth, China should steadfastly follow its S＆T innovation strategy, promote the utilization of S＆T innovation results, boost its economic growth potentials and make the most of global innovation resources.展开更多
This paper intends to examine Chinese local officials' behavior for economic growth after the central government's implementation of economic restructuring policy.Theoretically,this paper has demonstrated that...This paper intends to examine Chinese local officials' behavior for economic growth after the central government's implementation of economic restructuring policy.Theoretically,this paper has demonstrated that when the central government credibly shifts its priority from overall national growth to regional economic restructuring,it will adopt an economic policy in favor of less developed region and local government officials will tactically adjust growth targets accordingly;when the restructuring policy has reached a wide enough coverage of benefit,officials of developed region will relatively lower growth targets for their respective jurisdictions.Empirically,this paper employs the growth targets laid out in the provincial Government Work Reports between 2001 and 2012 and the growth targets set in the five-year plans for the period between 1996 and 2015,and has discovered that changes of inter-provincial gaps are dominated by growth targets;after the central government has launched the program of regional economic restructuring on a full scale,developed provinces start to lower growth targets set for their respective jurisdictions.This paper's discoveries are robust and provide an explanation to the new tendency of China's economic growth in recent years,i.e.,economic growth of eastern region slows down,interprovincial gaps narrow and the central government has adopted the policy of coordinated regional development in favor of inland regions.展开更多
In a changing transition economy, Chinese government regulations that adopt the relatively simple bright line rule formula are enforceable in practice. Taking the early reform-oriented policies of the China Securities...In a changing transition economy, Chinese government regulations that adopt the relatively simple bright line rule formula are enforceable in practice. Taking the early reform-oriented policies of the China Securities Regulatory Commission(CSRC) as an example, we find that the CSRC did not consider local enthusiasm for reform when allocating IPO resources because of the high enforcement costs involved. We also find that CSRC listed company regulations were enforced due to the lower costs involved in verifying regulatory violations, and that listed companies that completed the reform process were given priority in public refinancing. We present empirical evidence supporting the theoretical basis for the hypotheses outlined above. We also conclude that companies that completed the reform process in 2005 were of significantly higher quality and that the SEO regulation did not affect stock market efficiency. These findings enhance our understanding of the efficiency of government regulation in a transition economy.展开更多
The Central Economic Working Conference proposed supplyside structural reforms which can be regarded as major innovations and necessary measures that adapt to and lead the new normal of economic development. The 13^(t...The Central Economic Working Conference proposed supplyside structural reforms which can be regarded as major innovations and necessary measures that adapt to and lead the new normal of economic development. The 13^(th) Five Year Plan is a critical period for the transformation of economic development patterns and economic restructuring, so clarifying the theoretical values and practical significances of the supply-side structural reforms, making a clear explanation of the scientific connotations and policy implications of these reforms from a scientific standpoint, and discussing concrete measures to promote the reforms against the background of the economic new normal not only has academic values but also has important practical implications. Viewed from the practical standpoint of China' s new normal and through analyzing the basic national conditions, this article proposes a roadmap for implementing the proposed reforms and points out that only by doing well in the hybrid operation of "addition, subtraction, multiplication and division", based on the framework of the "five policy pillars", an innovative path of the supply-side structural reforms with Chinese characteristics can be paved.展开更多
Supply-side structural reforms are structural adjustments and institutional reforms to address the mismatch between supply and demand and improve TFP. The mismatch is exhibited at the supply side and arises from struc...Supply-side structural reforms are structural adjustments and institutional reforms to address the mismatch between supply and demand and improve TFP. The mismatch is exhibited at the supply side and arises from structural contradictions and must be addressed through reforms. Supply-side structural reforms can be analyzed at the levels of firms, industries and government to arrive at theoretical and systematic conclusions that offer practical guidance. Based on this perspective, this paper proposes policy recommendations on how to deal with zombie firms, reduce cost for manufacturing companies, deepen SOE reforms, eliminate overcapacity, implement ＂Made in China 2025＂ and Internet＋ strategies, promote Beijing-l^anjin-Hebei integrated development, as well as develop the Yangtze River Economic Belt and the old industrial bases of the northeast.展开更多
文摘India's economic reform started from the realm of finance, which is within the category of soft power of a country. The wax and wane of the overall power of a country is largely determined by the interplay of hard and soft pwers in question. India's soft power has its own characteristics and advantages, which chiefly manifest in its culture, parliamentary democracy, education and finance. In the 21st century, these advantages will continue to have significant play.
文摘In the increasingly decentralized energy environment,economical power dispatching from distributed generations(DGs)is crucial to minimizing operating costs,optimizing resource utilization,and guaranteeing a consistent and sustainable supply of electricity.A comprehensive review of optimization techniques for economic power dispatching from distributed generations is imperative to identify the most effective strategies for minimizing operational costs while maintaining grid stability and sustainability.The choice of optimization technique for economic power dispatching from DGs depends on a number of factors,such as the size and complexity of the power system,the availability of computational resources,and the specific requirements of the application.Optimization techniques for economic power dispatching from distributed generations(DGs)can be classified into two main categories:(i)Classical optimization techniques,(ii)Heuristic optimization techniques.In classical optimization techniques,the linear programming(LP)model is one of the most popular optimization methods.Utilizing the LP model,power demand and network constraints are met while minimizing the overall cost of generating electricity from DGs.This approach is efficient in determining the best DGs dispatch and is capable of handling challenging optimization issues in the large-scale system including renewables.The quadratic programming(QP)model,a classical optimization technique,is a further popular optimization method,to consider non-linearity.The QP model can take into account the quadratic cost of energy production,with consideration constraints like network capacity,voltage,and frequency.The metaheuristic optimization techniques are also used for economic power dispatching from DGs,which include genetic algorithms(GA),particle swarm optimization(PSO),and ant colony optimization(ACO).Also,Some researchers are developing hybrid optimization techniques that combine elements of classical and heuristic optimization techniques with the incorporation of droop control,predictive control,and fuzzy-based methods.These methods can deal with large-scale systems with many objectives and non-linear,non-convex optimization issues.The most popular approaches are the LP and QP models,while more difficult problems are handled using metaheuristic optimization techniques.In summary,in order to increase efficiency,reduce costs,and ensure a consistent supply of electricity,optimization techniques are essential tools used in economic power dispatching from DGs.
文摘This paper examines the effect of supply-side structural reforms on China＇s potential economic growth rate in the coming decade according to the data the authors have gathered. Under the rapid growth scenario with the implementation of supply-side structural reforms, China＇s potential economic growth rate will reach an average of 6.5% and 5.8% respectively in the 13th Five-year Plan （2016-2020） and 14th Five-year Plan （2021-2025） periods. These rates are 0.2 and 0.3 percentage points higher, respectively, than that under the baseline scenario with the inertia of historic trends. In implementing supply-side structural reforms, China must transform governmental functions, break monopolies, create a comprehensive competitive market environment, foster the creation of pro-innovation mechanisms, refocus on quality and efficiency, and raise capital utilization and labor productivity.
文摘Xi’an is situated at west China, the industrial structure the restriction function which grows to the economy is not balanced more obvious, uni？ es the Xi’an actual situation, speeds up the supplies side constitutive property reform, the promotion industrial structure optimized promotion appears especially importantly. Firstly, this paper analyzes the present situation and development trend of supply-side reform at home and abroad. Based on the situation of Xi’an, the author analyzes ？ ve production-side reforms, such as “de-production,” “de-stocking,” “deleveraging”, “cost reduction” The author puts forward the main problems of Xi’an’s supply-side reform to promote economic growth. Finally, it puts forward the path choice of supply-side reform to promote economic growth in Xi’an. Adhere to reform and expand and demand side, supply side in xian accurate docking, supply and demand in xi ‘an supply side reform should constantly improve production quality, give full play to the market on the supply side of the reform main body role and foster the subject of the new.
文摘<Abstract>The thesis profiles and explains the significant changes that have taken place in China's regional development patterns since the inception of its economic reform and opening three decades ago.The analysis show that prior to the reform China's spatial development pattern was characterized by the dominance of the three municipalities and the Northeast,as well as by both the coast-interior and the north-south disparities.After three decades of reform,regional development has become multi-centered with South China,the Yangtze Delta and the Beijing-Tianjin area being the three most important regions of the country.The coastal provinces as a whole rose to prominence on China's economic map while the Northeast has diminished its clout.The coast-interior gap not only remains but may have widened. And especially in the latest ten years,the economic map continue changing,some provinces rose up quickly,while some declined rapidly.The paper discusses main specific factors that have reshaped China's spatial development patterns.
文摘Since the eruption of the recent global financial crisis, major countries have been pushing forward structural reforms with science and technology （S＆T） innovation at the heart. Since taking office, US President Donald Trump has adopted an ＂America First＂ strategy but has yet to specify a clear S＆T innovation policy. However, Trump＇s current policies have already affected S＆T innovation and his planned budget cuts will impact US growth potentials. Compared with the US, China is steadily implementing its innovation-driven development strategy with significant improvement in S＆ T innovation that increasingly supports economic growth. To spur future economic growth, China should steadfastly follow its S＆T innovation strategy, promote the utilization of S＆T innovation results, boost its economic growth potentials and make the most of global innovation resources.
文摘This paper intends to examine Chinese local officials' behavior for economic growth after the central government's implementation of economic restructuring policy.Theoretically,this paper has demonstrated that when the central government credibly shifts its priority from overall national growth to regional economic restructuring,it will adopt an economic policy in favor of less developed region and local government officials will tactically adjust growth targets accordingly;when the restructuring policy has reached a wide enough coverage of benefit,officials of developed region will relatively lower growth targets for their respective jurisdictions.Empirically,this paper employs the growth targets laid out in the provincial Government Work Reports between 2001 and 2012 and the growth targets set in the five-year plans for the period between 1996 and 2015,and has discovered that changes of inter-provincial gaps are dominated by growth targets;after the central government has launched the program of regional economic restructuring on a full scale,developed provinces start to lower growth targets set for their respective jurisdictions.This paper's discoveries are robust and provide an explanation to the new tendency of China's economic growth in recent years,i.e.,economic growth of eastern region slows down,interprovincial gaps narrow and the central government has adopted the policy of coordinated regional development in favor of inland regions.
基金supported by the National Natural Science Fund (grant no. 70602011)the National Social Science Fund (grant no. 08CJY009)+2 种基金the support we have received from the IAPHD Project of Nanjing Universitythe Institution of Accounting and Finance of Shanghai University of Finance and EconomicsResearch Project 985 of the Institution of Economic Transition and Development of Nanjing University
文摘In a changing transition economy, Chinese government regulations that adopt the relatively simple bright line rule formula are enforceable in practice. Taking the early reform-oriented policies of the China Securities Regulatory Commission(CSRC) as an example, we find that the CSRC did not consider local enthusiasm for reform when allocating IPO resources because of the high enforcement costs involved. We also find that CSRC listed company regulations were enforced due to the lower costs involved in verifying regulatory violations, and that listed companies that completed the reform process were given priority in public refinancing. We present empirical evidence supporting the theoretical basis for the hypotheses outlined above. We also conclude that companies that completed the reform process in 2005 were of significantly higher quality and that the SEO regulation did not affect stock market efficiency. These findings enhance our understanding of the efficiency of government regulation in a transition economy.
文摘The Central Economic Working Conference proposed supplyside structural reforms which can be regarded as major innovations and necessary measures that adapt to and lead the new normal of economic development. The 13^(th) Five Year Plan is a critical period for the transformation of economic development patterns and economic restructuring, so clarifying the theoretical values and practical significances of the supply-side structural reforms, making a clear explanation of the scientific connotations and policy implications of these reforms from a scientific standpoint, and discussing concrete measures to promote the reforms against the background of the economic new normal not only has academic values but also has important practical implications. Viewed from the practical standpoint of China' s new normal and through analyzing the basic national conditions, this article proposes a roadmap for implementing the proposed reforms and points out that only by doing well in the hybrid operation of "addition, subtraction, multiplication and division", based on the framework of the "five policy pillars", an innovative path of the supply-side structural reforms with Chinese characteristics can be paved.
文摘Supply-side structural reforms are structural adjustments and institutional reforms to address the mismatch between supply and demand and improve TFP. The mismatch is exhibited at the supply side and arises from structural contradictions and must be addressed through reforms. Supply-side structural reforms can be analyzed at the levels of firms, industries and government to arrive at theoretical and systematic conclusions that offer practical guidance. Based on this perspective, this paper proposes policy recommendations on how to deal with zombie firms, reduce cost for manufacturing companies, deepen SOE reforms, eliminate overcapacity, implement ＂Made in China 2025＂ and Internet＋ strategies, promote Beijing-l^anjin-Hebei integrated development, as well as develop the Yangtze River Economic Belt and the old industrial bases of the northeast.
