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 structure of China’s foreign trade now conforms basically to international trade norms China will set up a legal system for foreign trade and economic cooperation in three years Foreign investment enterprises wil...The structure of China’s foreign trade now conforms basically to international trade norms China will set up a legal system for foreign trade and economic cooperation in three years Foreign investment enterprises will enjoy national treatment China shall become the member of the World Trade Organization at the earliest possible展开更多
Minister of Foreign Trade and Economic Cooperation Wu Yi made a report entitled Opportunity and Prospects: Basic Thoughts on the Development of China’s Foreign Trade and Economic Relations in the 1990s to Chinese and...Minister of Foreign Trade and Economic Cooperation Wu Yi made a report entitled Opportunity and Prospects: Basic Thoughts on the Development of China’s Foreign Trade and Economic Relations in the 1990s to Chinese and foreign participants working in this fields at an international seminar on China’s Foreign Trade and Economic Cooperation held in Beijing in mid-May.展开更多
China’s foreign trade continued to maintain its development momentum last year througn vigorous promotion of two fundamental changes,spurred by the smooth return of Hong Kong and propelled by the spirit of the 15th C...China’s foreign trade continued to maintain its development momentum last year througn vigorous promotion of two fundamental changes,spurred by the smooth return of Hong Kong and propelled by the spirit of the 15th Congress of the Communist Party of China. Imports and exports developed steadily。展开更多
Beijing’s foreign economic relations and trade in 1993 surpassed that of 1992, and remarkable breakthroughs were made during the last year in the utilization of foreign capital, export volume and foreign exchange ear...Beijing’s foreign economic relations and trade in 1993 surpassed that of 1992, and remarkable breakthroughs were made during the last year in the utilization of foreign capital, export volume and foreign exchange earnings, and the construction of development zones, according to Mr Zhang Xuequn, the Deputy Director of Foreign Economic Relations and Trade Commission of the Beijing Municipal Government. The robust development展开更多
Qinghai Province in northwest China has recently drawn up its strategy for foreign economic and trade development. The highlights include optimizing its investment climate, developing channels for introducing foreign ...Qinghai Province in northwest China has recently drawn up its strategy for foreign economic and trade development. The highlights include optimizing its investment climate, developing channels for introducing foreign capital and making good use of foreign funds, the development of natural resources and the reform of its medium-to-large enterprises to improve and benefit the development of its展开更多
1996 was the first year of Shanghai’s Ninth Five-year Plan in foreign trade. Although the country saw significant readjustment in foreign-related economic policies and great changes in macroeconomic environment, Shan...1996 was the first year of Shanghai’s Ninth Five-year Plan in foreign trade. Although the country saw significant readjustment in foreign-related economic policies and great changes in macroeconomic environment, Shanghai’s foreign economic and trade work stood the test, maintained steady growing development and realized all the goals set展开更多
In 1995,Beijing’s foreign economic andtrade sector continued to deepen itsrestructuring,give play to its advantagesand overcome its difficulties,and maintainedsustained development in foreign trade,theutilization of ...In 1995,Beijing’s foreign economic andtrade sector continued to deepen itsrestructuring,give play to its advantagesand overcome its difficulties,and maintainedsustained development in foreign trade,theutilization of foreign investment and foreigncooperation. The year 1995 saw an import andexport volume of US＄4.23 billion,5.4 percentup from the previous year,including animport volume of US＄1.74 billion,down 8percent,exports of US＄2.49 billion,17.3percent up from the previous year,whichsurpasses the required US＄2.3 billion ofexports by the municipal government.Specialforeign trade companies and industrial andtrade companies had exports of US＄1.441billion,4.8 percent up from the previousyear,accounting for 57.9 percent of the展开更多
In the last decade as more and more foreign-related commercial disputes have emerged, the China International Economic and Trade Arbitration Commission and the China Maritime Arbitration Commission have been among the...In the last decade as more and more foreign-related commercial disputes have emerged, the China International Economic and Trade Arbitration Commission and the China Maritime Arbitration Commission have been among the world’s major commercial arbitration centres. They play an independent and fair role in handling cases, and this has recognized worldwide. From this issue, we will introduce some cases handled by the two arbitration commissions to help our readers have a better understanding of China’s foreign arbitration practices and to promote the healthy development of international commercial cooperation.展开更多
The annual imp. & exp. value registered an increase of 31.5% over the previous year, amounting to USD 474.3 billion: USD 249.2 billion of exp. (increased by 27.8%) and USD 225.1 billion of imp. (up 35.8%). The imp...The annual imp. & exp. value registered an increase of 31.5% over the previous year, amounting to USD 474.3 billion: USD 249.2 billion of exp. (increased by 27.8%) and USD 225.1 billion of imp. (up 35.8%). The imp.& exp.value of mechanic & electronic products reached USD 208.2 billion, an increase of 34.7%: USD 102.9 billion in imp. (increased by 32.6%) and USD 105.3 billion in exp. (increased by 36.9% up to 42.3% of展开更多
This study discusses the trading behavior of foreign investors with respect to economic uncertainty in the South Korean stock market from a time-varying perspective.We employ a news-based measure of economic uncertain...This study discusses the trading behavior of foreign investors with respect to economic uncertainty in the South Korean stock market from a time-varying perspective.We employ a news-based measure of economic uncertainty along with the model of time-varying parameter vector autoregression with stochastic volatility.The empirical analysis reveals several new findings about foreign investors’trading behaviors.First,we find evidence that positive feedback trading often appears during periods of high economic uncertainty,whereas negative feedback trading is exclusively observable during periods of low economic uncertainty.Second,the foreign investors’feedback trading appears mostly to be well-timed and often leads the time-varying economic uncertainty except in periods of global crises.Third,lagged negative(positive)response of net flows to economic uncertainty is found to be coupled with lagged positive(negative)feedback trading.Fourth,the study documents an asymmetric response of foreign investors with regard to negative and positive shocks of economic uncertainty.Specifically,we find that they instantly turn to positive feedback trading after a negative contemporaneous response of net flows to shocks of economic uncertainty.In contrast,they move slowly toward negative feedback trading after a positive response of net flows to uncertainty shocks.展开更多
In accordance with the basic lines of Beijing’s foreign trade and economic cooperation, the Beijing Municipal Commission of Foreign Trade and Economic Cooperation has set specific tasks this year. They are as follows...In accordance with the basic lines of Beijing’s foreign trade and economic cooperation, the Beijing Municipal Commission of Foreign Trade and Economic Cooperation has set specific tasks this year. They are as follows: Further quickening of steps in using foreign funds, with stress being placed on attracting investment from large companies. Efforts will be made in the management of medium-to-largeprojects. New fields and forms of cooperation展开更多
China’s economic reform has progressed to setting up a socialist market economy. Since 1994, a series of reform measures in taxation, finance, planning, foreign exchange and foreign trade adopted by the State have pr...China’s economic reform has progressed to setting up a socialist market economy. Since 1994, a series of reform measures in taxation, finance, planning, foreign exchange and foreign trade adopted by the State have promoted the development of the national economy, as well as foreign economic and trade development. The furtherance of the good situation of the economy and foreign trade relies on the following work: 1, Speeding up the development展开更多
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 structure of China’s foreign trade now conforms basically to international trade norms China will set up a legal system for foreign trade and economic cooperation in three years Foreign investment enterprises will enjoy national treatment China shall become the member of the World Trade Organization at the earliest possible
文摘Minister of Foreign Trade and Economic Cooperation Wu Yi made a report entitled Opportunity and Prospects: Basic Thoughts on the Development of China’s Foreign Trade and Economic Relations in the 1990s to Chinese and foreign participants working in this fields at an international seminar on China’s Foreign Trade and Economic Cooperation held in Beijing in mid-May.
文摘China’s foreign trade continued to maintain its development momentum last year througn vigorous promotion of two fundamental changes,spurred by the smooth return of Hong Kong and propelled by the spirit of the 15th Congress of the Communist Party of China. Imports and exports developed steadily。
文摘Beijing’s foreign economic relations and trade in 1993 surpassed that of 1992, and remarkable breakthroughs were made during the last year in the utilization of foreign capital, export volume and foreign exchange earnings, and the construction of development zones, according to Mr Zhang Xuequn, the Deputy Director of Foreign Economic Relations and Trade Commission of the Beijing Municipal Government. The robust development
文摘Qinghai Province in northwest China has recently drawn up its strategy for foreign economic and trade development. The highlights include optimizing its investment climate, developing channels for introducing foreign capital and making good use of foreign funds, the development of natural resources and the reform of its medium-to-large enterprises to improve and benefit the development of its
文摘1996 was the first year of Shanghai’s Ninth Five-year Plan in foreign trade. Although the country saw significant readjustment in foreign-related economic policies and great changes in macroeconomic environment, Shanghai’s foreign economic and trade work stood the test, maintained steady growing development and realized all the goals set
文摘In 1995,Beijing’s foreign economic andtrade sector continued to deepen itsrestructuring,give play to its advantagesand overcome its difficulties,and maintainedsustained development in foreign trade,theutilization of foreign investment and foreigncooperation. The year 1995 saw an import andexport volume of US＄4.23 billion,5.4 percentup from the previous year,including animport volume of US＄1.74 billion,down 8percent,exports of US＄2.49 billion,17.3percent up from the previous year,whichsurpasses the required US＄2.3 billion ofexports by the municipal government.Specialforeign trade companies and industrial andtrade companies had exports of US＄1.441billion,4.8 percent up from the previousyear,accounting for 57.9 percent of the
文摘In the last decade as more and more foreign-related commercial disputes have emerged, the China International Economic and Trade Arbitration Commission and the China Maritime Arbitration Commission have been among the world’s major commercial arbitration centres. They play an independent and fair role in handling cases, and this has recognized worldwide. From this issue, we will introduce some cases handled by the two arbitration commissions to help our readers have a better understanding of China’s foreign arbitration practices and to promote the healthy development of international commercial cooperation.
文摘The annual imp. & exp. value registered an increase of 31.5% over the previous year, amounting to USD 474.3 billion: USD 249.2 billion of exp. (increased by 27.8%) and USD 225.1 billion of imp. (up 35.8%). The imp.& exp.value of mechanic & electronic products reached USD 208.2 billion, an increase of 34.7%: USD 102.9 billion in imp. (increased by 32.6%) and USD 105.3 billion in exp. (increased by 36.9% up to 42.3% of
文摘This study discusses the trading behavior of foreign investors with respect to economic uncertainty in the South Korean stock market from a time-varying perspective.We employ a news-based measure of economic uncertainty along with the model of time-varying parameter vector autoregression with stochastic volatility.The empirical analysis reveals several new findings about foreign investors’trading behaviors.First,we find evidence that positive feedback trading often appears during periods of high economic uncertainty,whereas negative feedback trading is exclusively observable during periods of low economic uncertainty.Second,the foreign investors’feedback trading appears mostly to be well-timed and often leads the time-varying economic uncertainty except in periods of global crises.Third,lagged negative(positive)response of net flows to economic uncertainty is found to be coupled with lagged positive(negative)feedback trading.Fourth,the study documents an asymmetric response of foreign investors with regard to negative and positive shocks of economic uncertainty.Specifically,we find that they instantly turn to positive feedback trading after a negative contemporaneous response of net flows to shocks of economic uncertainty.In contrast,they move slowly toward negative feedback trading after a positive response of net flows to uncertainty shocks.
文摘In accordance with the basic lines of Beijing’s foreign trade and economic cooperation, the Beijing Municipal Commission of Foreign Trade and Economic Cooperation has set specific tasks this year. They are as follows: Further quickening of steps in using foreign funds, with stress being placed on attracting investment from large companies. Efforts will be made in the management of medium-to-largeprojects. New fields and forms of cooperation
文摘China’s economic reform has progressed to setting up a socialist market economy. Since 1994, a series of reform measures in taxation, finance, planning, foreign exchange and foreign trade adopted by the State have promoted the development of the national economy, as well as foreign economic and trade development. The furtherance of the good situation of the economy and foreign trade relies on the following work: 1, Speeding up the development
