In July 2024,the third plenary session of the 2oth Central Committee of the Communist Party of China was held in Beijing.During this session,the Resolution of the Central Committee of the Communist Party of China on F...In July 2024,the third plenary session of the 2oth Central Committee of the Communist Party of China was held in Beijing.During this session,the Resolution of the Central Committee of the Communist Party of China on Further Deepening Reform Comprehensively to Advance Chinese Modernization(hereinafter referred to as"Resolution")was adopted.The Resolution clearly defines the guiding philosophy,overall objectives,and general principles for further deepening reform comprehensively.It emphasizes that"We must pursue coordinated reforms in the fiscal,tax,financial,and other major sectors",and outlines a series of significant deployments for deepening financial system reform.展开更多
In an era of connectivity and digital innovation,the China-Africa relationship stands out as a stimulus for international cooperation in the field of the Internet and media cooperation.
During Chinese President Xi Jinping’s last visit to Thailand,both sides an-nounced that they would build a more stable,prosperous and sustainable community,which is a milestone in leading and promoting the developmen...During Chinese President Xi Jinping’s last visit to Thailand,both sides an-nounced that they would build a more stable,prosperous and sustainable community,which is a milestone in leading and promoting the development of China-Thailand relations.The Northeast Asia Expo opened on August 23 in Jilin Province,Want-ana Tatan,Minister Counsellor(In-vestment Promotion),Royal Thai Em-bassy and Director of BOI’s Beijing Office,said that this expo provides a good platform for deepening bilateral cooperation.展开更多
The mechanisms behind the seasonal deepening of the mixed layer （ML） in the subtropical Southeast Pacific were investigated using the monthly Argo data from 2004 to 2012. The region with a deep ML （more than 175 m...The mechanisms behind the seasonal deepening of the mixed layer （ML） in the subtropical Southeast Pacific were investigated using the monthly Argo data from 2004 to 2012. The region with a deep ML （more than 175 m） was found in the region of （22°-30°S, 105°-90°W）, reaching its maximum depth （-200 m） near （27°-28°S, 100°W） in September. The relative importance of horizontal density advection in determining the maximum ML location is discussed qualitatively. Downward Ekman pumping is key to determining the eastern boundary of the deep ML region. In addition, zonal density advection by the subtropical countercurrent （STCC） in the subtropical Southwest Pacific determines its western boundary, by carrying lighter water to strengthen the stratification and form a ＂shallow tongue＂ of ML depth to block the westward extension of the deep ML in the STCC region. The temperature advection by the STCC is the main source for large heat loss from the subtropical Southwest Pacific. Finally, the combined effect of net surface heat flux and meridional density advection by the subtropical gyre determines the northern and southern boundaries of the deep ML region： the ocean heat loss at the surface gradually increases from 22~S to 35~S, while the meridional density advection by the subtropical gyre strengthens the strat- ification south of the maximum ML depth and weakens the stratification to the north. The freshwater flux contribution to deepening the ML during austral winter is limited. The results are useful for understanding the role of ocean dynamics in the ML formation in the subtropical Southeast Pacific.展开更多
This paper provides a theoretical model to explain the causality between China's energy transition and capital deepening found by the empirical study.We prove that in the equilibrium,China's energy transition ...This paper provides a theoretical model to explain the causality between China's energy transition and capital deepening found by the empirical study.We prove that in the equilibrium,China's energy transition is endogenously determined by capital deepening due to the homogeneity of electricity and the monopolistic competition features of China's electricity market.Price effect,which is the effect of change in relative factor price,will affect energy transition only if the policy intervenes electricity price in terms of the primary sources from which it is generated.We propose that investment can promote energy transition by stimulating capital deepening which is biased to clean energy development.In this regard,our paper provides a new way of thinking for other developing countries to design an effective energy transition policy.展开更多
The Third Plenary Session of the 18th CPC Central Committee ushered in a new chapter of China＇s comprehensive deepening of reform. The basic objective of comprehensively deepening reform of the state sector of econom...The Third Plenary Session of the 18th CPC Central Committee ushered in a new chapter of China＇s comprehensive deepening of reform. The basic objective of comprehensively deepening reform of the state sector of economy in the new chapter is to fully integrate this sector with a sophisticated market economic system with the market playing the decisive role in resource allocation. In order to achieve this objective, China is confronted with the four major priorities of adjusting the functions and layout of the state sector of economy according to national mandates, expediting the mixed ownership reform, creating a classified and multi- tiered new system for the administration of the sector, and developing a modern corporate system for SOEs to ensure an efficient micro-level governance mechanism for the sector. （1） The functions of the different types of SOEs should be accurately defined and SOEs should be divided into the three types of public policy SOEs, functional SOEs, and commercial SOEs. This classification forms the premises for reforming the state sector of economy. Based on the functions of the three types of SOEs, the directions and emphases for strategic adjustment should differ as well. （2） The mixed ownership reform should adhere to the methodological principles of combining top-down and bottom-up approaches, implementing pilot programs, and promoting coordinated progress. Practical implementation should ensure fair and standard reform procedures, reform programs consistent with laws and regulations, open and fair equity transfers, as well as fair and transparent internal distributions. The mixed ownership reform of SOEs should introduce the employee stock ownership system and adhere to the principles of compatible incentives, shared growth, and long-term development. Monopolistic sectors should be transformed into competitive market structures to create conditions for the implementation of mixed ownership for SOEs. （3） The new system for the administration of the state sector of economy should comprise three hierarchies： the Commission for the Administration of State Economy at the top level, state capital operation companies or state capital investment companies at the intermediate level and general for-profit enterprises at the bottom level, which administer public policy, functional SOEs, and commercial SOEs respectively. （4） Under the new system for the administration of the state sector of economy characterized by the three hierarchies and categories, the key for perfecting the modern corporate system of SOEs is to establish a differentiated, classified governance mechanism, i.e., different corporate governance mechanisms should be created for SOEs of different functions and roles.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
In this research,one hundred and ten samples（ten sampling localities）were drilled by a portable petrol-driven drill in the Tongtianhe area along the highway where developes Yaxicuo Group,Oligocene. Complete demagnet...In this research,one hundred and ten samples（ten sampling localities）were drilled by a portable petrol-driven drill in the Tongtianhe area along the highway where developes Yaxicuo Group,Oligocene. Complete demagnetization were finished in University of California,Santa Cruz（UCSC）.These remanence data were collected:Dg=334.2,Ig=52.3,α<sub>95</sub>=7.1,k=7.3（before structural correction）;Ds=27.2, Is=66.6,α<sub>95</sub>=7.3,k=7.0（after structural correction）.展开更多
CHINA and Africa have been a commu- nity of shared interests and shared destiny Their collaboration benefits not only the development of China and Africa but also promotes the unity and cooperation of developing count...CHINA and Africa have been a commu- nity of shared interests and shared destiny Their collaboration benefits not only the development of China and Africa but also promotes the unity and cooperation of developing countries. Health cooperation is a powerful testimony to the friendship between Chinese and African people. Based on win-win cooperation and aiming at the well-being of the people, China and Africa have attained fruitful results through health cooperation over the last five decades.展开更多
"It’s time for deepening the reform,and we will keep forging ahead resolutely",spokesman Zhao Qizheng made this remark as the prelude to 2012 CPPCC & NPC on the first press conference of the Fifth
Financial deepening can improve economic growth by facilitating capital liquidity and promoting efficiency of allocating resource, which has played an important role in the development of the Pearl River Delta and the...Financial deepening can improve economic growth by facilitating capital liquidity and promoting efficiency of allocating resource, which has played an important role in the development of the Pearl River Delta and the Yangtze River Delta in China. As a new economic growth pole, Circum-Bohai-Sea Region should focus on internal financial deepening. In this paper, SWOT analysis is used to observe the level of financial deepening in Circum-Bohai-Sea Region, and some related policy suggestions are given in the end.展开更多
In recent years,the deepening of scientific and technological exchanges between China and Arab States has further raised the level of China-Arab cooperation and injected new vitality into the development,social progre...In recent years,the deepening of scientific and technological exchanges between China and Arab States has further raised the level of China-Arab cooperation and injected new vitality into the development,social progress and people’s well-being of both sides and countries along the Belt and Road.展开更多
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
I am very glad to be here in beautiful Vladivostok for the 4th Eastern Economic Forum and the special conference for “Crossroads on the Silk Road”.As we all know,President Xi Jinping proposed the Belt and Road Initi...I am very glad to be here in beautiful Vladivostok for the 4th Eastern Economic Forum and the special conference for “Crossroads on the Silk Road”.As we all know,President Xi Jinping proposed the Belt and Road Initiative in September 2013,which has been positively responded to and participated in by Russia;China and Russia proposed to build a comprehensive strategic partnership in May 2014 and further deepened this partnership in 2017;also,in May 2014,Russia proposed the establishment of the “Eurasian Economic Union” and started this effort in 2016;in June 2016,President Xi Jinping and President Putin proposed the establishment of a comprehensive partnership between Europe and Asia to jointly promote cooperation between Europe and Asia;at the SCO Qingdao Summit in this June,the heads of state of China and Russia once again pledged to work together on the international stage.展开更多
To speed up the reform of the foreigntrade structure for meeting the needsof the international trade plan in ac-cordance with the demands of socialist marketeconomy is an important measure to realizethe intensive mana...To speed up the reform of the foreigntrade structure for meeting the needsof the international trade plan in ac-cordance with the demands of socialist marketeconomy is an important measure to realizethe intensive management of the nationaleconomy in Jiangsu Province during theNinth Five Year Plan from 1996 to 2000. In the period of the Eighth展开更多
A necessary condition for realizing macroeconomics is to rationally upgrade the industrial structure.In this process of upgrading,financial capital deepening and technological progress are important ways to promote th...A necessary condition for realizing macroeconomics is to rationally upgrade the industrial structure.In this process of upgrading,financial capital deepening and technological progress are important ways to promote the upgrading of industrial structure.From an endogenous perspective,this essay explores the internal links between financial capital deepening,technological progress,and industrial structure upgrading.The analysis shows that factors of technological progress have not make a tremendous impact on the upgrading of Chinese industrial structure,nor are they a positive reason for promoting the development of the industry to a higher level.The deepening of financial capital obviously promotes the optimization and upgrading of industrial institutions,which is its main factor.展开更多
The Beijing Garment Import and Export Shareholding Corporation, Ltd. was the first shareholding corporation in Beijing which was set up in February 18, 1994. Its predecessor, the Beijing Garment Import and Export Corp...The Beijing Garment Import and Export Shareholding Corporation, Ltd. was the first shareholding corporation in Beijing which was set up in February 18, 1994. Its predecessor, the Beijing Garment Import and Export Corporation, had registered annual import and export earnings of US$300 million, ranking first among the foreign trade corporations in Beijing. Its change into a shareholding corporation has aroused keen interest in garment展开更多
文摘In July 2024,the third plenary session of the 2oth Central Committee of the Communist Party of China was held in Beijing.During this session,the Resolution of the Central Committee of the Communist Party of China on Further Deepening Reform Comprehensively to Advance Chinese Modernization(hereinafter referred to as"Resolution")was adopted.The Resolution clearly defines the guiding philosophy,overall objectives,and general principles for further deepening reform comprehensively.It emphasizes that"We must pursue coordinated reforms in the fiscal,tax,financial,and other major sectors",and outlines a series of significant deployments for deepening financial system reform.
文摘In an era of connectivity and digital innovation,the China-Africa relationship stands out as a stimulus for international cooperation in the field of the Internet and media cooperation.
文摘During Chinese President Xi Jinping’s last visit to Thailand,both sides an-nounced that they would build a more stable,prosperous and sustainable community,which is a milestone in leading and promoting the development of China-Thailand relations.The Northeast Asia Expo opened on August 23 in Jilin Province,Want-ana Tatan,Minister Counsellor(In-vestment Promotion),Royal Thai Em-bassy and Director of BOI’s Beijing Office,said that this expo provides a good platform for deepening bilateral cooperation.
基金supported by the National Basic Research Program of China (Grant No. 2012CB955603)the National Natural Science Foundation of China (Grant Nos. 41176006 and 41490643)the Shandong Joint Fund for Marine Science Research Centers (Grant No. U1406401)
文摘The mechanisms behind the seasonal deepening of the mixed layer （ML） in the subtropical Southeast Pacific were investigated using the monthly Argo data from 2004 to 2012. The region with a deep ML （more than 175 m） was found in the region of （22°-30°S, 105°-90°W）, reaching its maximum depth （-200 m） near （27°-28°S, 100°W） in September. The relative importance of horizontal density advection in determining the maximum ML location is discussed qualitatively. Downward Ekman pumping is key to determining the eastern boundary of the deep ML region. In addition, zonal density advection by the subtropical countercurrent （STCC） in the subtropical Southwest Pacific determines its western boundary, by carrying lighter water to strengthen the stratification and form a ＂shallow tongue＂ of ML depth to block the westward extension of the deep ML in the STCC region. The temperature advection by the STCC is the main source for large heat loss from the subtropical Southwest Pacific. Finally, the combined effect of net surface heat flux and meridional density advection by the subtropical gyre determines the northern and southern boundaries of the deep ML region： the ocean heat loss at the surface gradually increases from 22~S to 35~S, while the meridional density advection by the subtropical gyre strengthens the strat- ification south of the maximum ML depth and weakens the stratification to the north. The freshwater flux contribution to deepening the ML during austral winter is limited. The results are useful for understanding the role of ocean dynamics in the ML formation in the subtropical Southeast Pacific.
文摘This paper provides a theoretical model to explain the causality between China's energy transition and capital deepening found by the empirical study.We prove that in the equilibrium,China's energy transition is endogenously determined by capital deepening due to the homogeneity of electricity and the monopolistic competition features of China's electricity market.Price effect,which is the effect of change in relative factor price,will affect energy transition only if the policy intervenes electricity price in terms of the primary sources from which it is generated.We propose that investment can promote energy transition by stimulating capital deepening which is biased to clean energy development.In this regard,our paper provides a new way of thinking for other developing countries to design an effective energy transition policy.
文摘The Third Plenary Session of the 18th CPC Central Committee ushered in a new chapter of China＇s comprehensive deepening of reform. The basic objective of comprehensively deepening reform of the state sector of economy in the new chapter is to fully integrate this sector with a sophisticated market economic system with the market playing the decisive role in resource allocation. In order to achieve this objective, China is confronted with the four major priorities of adjusting the functions and layout of the state sector of economy according to national mandates, expediting the mixed ownership reform, creating a classified and multi- tiered new system for the administration of the sector, and developing a modern corporate system for SOEs to ensure an efficient micro-level governance mechanism for the sector. （1） The functions of the different types of SOEs should be accurately defined and SOEs should be divided into the three types of public policy SOEs, functional SOEs, and commercial SOEs. This classification forms the premises for reforming the state sector of economy. Based on the functions of the three types of SOEs, the directions and emphases for strategic adjustment should differ as well. （2） The mixed ownership reform should adhere to the methodological principles of combining top-down and bottom-up approaches, implementing pilot programs, and promoting coordinated progress. Practical implementation should ensure fair and standard reform procedures, reform programs consistent with laws and regulations, open and fair equity transfers, as well as fair and transparent internal distributions. The mixed ownership reform of SOEs should introduce the employee stock ownership system and adhere to the principles of compatible incentives, shared growth, and long-term development. Monopolistic sectors should be transformed into competitive market structures to create conditions for the implementation of mixed ownership for SOEs. （3） The new system for the administration of the state sector of economy should comprise three hierarchies： the Commission for the Administration of State Economy at the top level, state capital operation companies or state capital investment companies at the intermediate level and general for-profit enterprises at the bottom level, which administer public policy, functional SOEs, and commercial SOEs respectively. （4） Under the new system for the administration of the state sector of economy characterized by the three hierarchies and categories, the key for perfecting the modern corporate system of SOEs is to establish a differentiated, classified governance mechanism, i.e., different corporate governance mechanisms should be created for SOEs of different functions and roles.
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In this research,one hundred and ten samples（ten sampling localities）were drilled by a portable petrol-driven drill in the Tongtianhe area along the highway where developes Yaxicuo Group,Oligocene. Complete demagnetization were finished in University of California,Santa Cruz（UCSC）.These remanence data were collected:Dg=334.2,Ig=52.3,α<sub>95</sub>=7.1,k=7.3（before structural correction）;Ds=27.2, Is=66.6,α<sub>95</sub>=7.3,k=7.0（after structural correction）.
文摘CHINA and Africa have been a commu- nity of shared interests and shared destiny Their collaboration benefits not only the development of China and Africa but also promotes the unity and cooperation of developing countries. Health cooperation is a powerful testimony to the friendship between Chinese and African people. Based on win-win cooperation and aiming at the well-being of the people, China and Africa have attained fruitful results through health cooperation over the last five decades.
文摘"It’s time for deepening the reform,and we will keep forging ahead resolutely",spokesman Zhao Qizheng made this remark as the prelude to 2012 CPPCC & NPC on the first press conference of the Fifth
文摘Financial deepening can improve economic growth by facilitating capital liquidity and promoting efficiency of allocating resource, which has played an important role in the development of the Pearl River Delta and the Yangtze River Delta in China. As a new economic growth pole, Circum-Bohai-Sea Region should focus on internal financial deepening. In this paper, SWOT analysis is used to observe the level of financial deepening in Circum-Bohai-Sea Region, and some related policy suggestions are given in the end.
文摘In recent years,the deepening of scientific and technological exchanges between China and Arab States has further raised the level of China-Arab cooperation and injected new vitality into the development,social progress and people’s well-being of both sides and countries along the Belt and Road.
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I am very glad to be here in beautiful Vladivostok for the 4th Eastern Economic Forum and the special conference for “Crossroads on the Silk Road”.As we all know,President Xi Jinping proposed the Belt and Road Initiative in September 2013,which has been positively responded to and participated in by Russia;China and Russia proposed to build a comprehensive strategic partnership in May 2014 and further deepened this partnership in 2017;also,in May 2014,Russia proposed the establishment of the “Eurasian Economic Union” and started this effort in 2016;in June 2016,President Xi Jinping and President Putin proposed the establishment of a comprehensive partnership between Europe and Asia to jointly promote cooperation between Europe and Asia;at the SCO Qingdao Summit in this June,the heads of state of China and Russia once again pledged to work together on the international stage.
文摘To speed up the reform of the foreigntrade structure for meeting the needsof the international trade plan in ac-cordance with the demands of socialist marketeconomy is an important measure to realizethe intensive management of the nationaleconomy in Jiangsu Province during theNinth Five Year Plan from 1996 to 2000. In the period of the Eighth
文摘A necessary condition for realizing macroeconomics is to rationally upgrade the industrial structure.In this process of upgrading,financial capital deepening and technological progress are important ways to promote the upgrading of industrial structure.From an endogenous perspective,this essay explores the internal links between financial capital deepening,technological progress,and industrial structure upgrading.The analysis shows that factors of technological progress have not make a tremendous impact on the upgrading of Chinese industrial structure,nor are they a positive reason for promoting the development of the industry to a higher level.The deepening of financial capital obviously promotes the optimization and upgrading of industrial institutions,which is its main factor.
文摘The Beijing Garment Import and Export Shareholding Corporation, Ltd. was the first shareholding corporation in Beijing which was set up in February 18, 1994. Its predecessor, the Beijing Garment Import and Export Corporation, had registered annual import and export earnings of US$300 million, ranking first among the foreign trade corporations in Beijing. Its change into a shareholding corporation has aroused keen interest in garment
