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 ...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].展开更多
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 globalizatio...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.展开更多
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 equilibriu...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.展开更多
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 breakthroug...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展开更多
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 dispu...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展开更多
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...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.展开更多
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 ...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.展开更多
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 Comm...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.展开更多
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 th...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.展开更多
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,
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 Nigeri...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%.展开更多
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 St...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.展开更多
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 f...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.展开更多
Biggest Foreign-funded Petrochemical Project In Hainan The Hainan Hebang International Petrochemical Company, Ltd., set up jointly by large financial groups in the USA, Britain, Switzerland and Hongkong, is building a
Economic Goals for the New YearThe economic reform in China will deepenand the opening-up be furthered next year,top Chinese leaders agreed at a centralconference on national economy.The Central Committee of the Commu...Economic Goals for the New YearThe economic reform in China will deepenand the opening-up be furthered next year,top Chinese leaders agreed at a centralconference on national economy.The Central Committee of the CommunistParty of China and the State Council havejust concluded their jointly held two-daycentral econmic working conference inBeijing. During the meeting Hu Jintao,General Secretary of the CPC CentralCommittee, delivered a speech on the majoreconomic tasks to be met in the coming yearand Premier Zhu Rongji unveiled an all-round plan on next year’s economic work.The conference emphasized adherence展开更多
Still in 11th Place in World Trade Statistics from the Secretariat of the World Trade Organization on the first fifteen countries (regions) in world trade in 1994 show that China still occupies 11th place. The USA sti...Still in 11th Place in World Trade Statistics from the Secretariat of the World Trade Organization on the first fifteen countries (regions) in world trade in 1994 show that China still occupies 11th place. The USA still took first place in world trade, registering US $ 1.194 trillion in 1994 and accounting for 11.4% of the world total, down 2.8 percentage points over last year. Other countries among展开更多
Shantou and Singapore Cooperates to set up a Steel Rolling Mill The Shantou Special Economic Zone Hongxin International Corporation and Singapore Donggang Private Co. Ltd. have jointly invested US$20 million to set up...Shantou and Singapore Cooperates to set up a Steel Rolling Mill The Shantou Special Economic Zone Hongxin International Corporation and Singapore Donggang Private Co. Ltd. have jointly invested US$20 million to set up a steel rolling mill in Longhu Area. The cooperative enterprise covers an area of 100 mu, and will import new technology from South Korea and展开更多
文摘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].
文摘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.
文摘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.
文摘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
文摘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
文摘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.
基金Supported by Project of Business Management Cultivation Discipline in Department of Business and Trade,Southwest University Rongchang Campus(R CQG207001)
文摘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.
文摘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.
文摘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.
文摘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,
文摘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%.
文摘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.
文摘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.
文摘Biggest Foreign-funded Petrochemical Project In Hainan The Hainan Hebang International Petrochemical Company, Ltd., set up jointly by large financial groups in the USA, Britain, Switzerland and Hongkong, is building a
文摘Economic Goals for the New YearThe economic reform in China will deepenand the opening-up be furthered next year,top Chinese leaders agreed at a centralconference on national economy.The Central Committee of the CommunistParty of China and the State Council havejust concluded their jointly held two-daycentral econmic working conference inBeijing. During the meeting Hu Jintao,General Secretary of the CPC CentralCommittee, delivered a speech on the majoreconomic tasks to be met in the coming yearand Premier Zhu Rongji unveiled an all-round plan on next year’s economic work.The conference emphasized adherence
文摘Still in 11th Place in World Trade Statistics from the Secretariat of the World Trade Organization on the first fifteen countries (regions) in world trade in 1994 show that China still occupies 11th place. The USA still took first place in world trade, registering US $ 1.194 trillion in 1994 and accounting for 11.4% of the world total, down 2.8 percentage points over last year. Other countries among
文摘Shantou and Singapore Cooperates to set up a Steel Rolling Mill The Shantou Special Economic Zone Hongxin International Corporation and Singapore Donggang Private Co. Ltd. have jointly invested US$20 million to set up a steel rolling mill in Longhu Area. The cooperative enterprise covers an area of 100 mu, and will import new technology from South Korea and
