"Policy of People’s Bank of China is veryenlightened. Conditions for foreign capitalentering into are very relaxed. After the FordCompany received the soliciting opiniondraft of Measures, we quickly translated i..."Policy of People’s Bank of China is veryenlightened. Conditions for foreign capitalentering into are very relaxed. After the FordCompany received the soliciting opiniondraft of Measures, we quickly translated itinto English and sent it by fax to theHeadquarters of Ford Auto Finance Co. forresearch. We are very excided for theenlightenment of the people’s Bank ofChina." Mr. Xu Guozheng, Vice Presidentof Ford Auto(China) Co. Ltd. Answeredquestions from the reporter with pleasure onOctober 10, 2002.展开更多
Hunan is situated on themiddle reaches of theYangtze River.As most partof the province lies on thesouth of Dongting Lake,it iscalled Hunan.Also it is called"Xiang"for the vast XiangRiver that runs through it...Hunan is situated on themiddle reaches of theYangtze River.As most partof the province lies on thesouth of Dongting Lake,it iscalled Hunan.Also it is called"Xiang"for the vast XiangRiver that runs through itfrom south to north.Furthermore,it is known asthe Hibiscus Kingdom dueto the abundant hibiscusthere,described in theancient poem"Autumn WindBlows through the HibiscusKingdom".展开更多
The China Foreign Exchange Trade System, the only national foreign exchange trading institution in China, officially opened for business at 15 Shanghai Bund, Shanghai, on April 18 this year. It marked the start of the...The China Foreign Exchange Trade System, the only national foreign exchange trading institution in China, officially opened for business at 15 Shanghai Bund, Shanghai, on April 18 this year. It marked the start of the first market prices for foreign exchange in the country. The opening of the system means that the relationship between展开更多
It has been our consistent policy to expand the opening policy, while using foreign capital reasonably and effectively. Our experience of economic development since China’s economic reform and opening to the outside ...It has been our consistent policy to expand the opening policy, while using foreign capital reasonably and effectively. Our experience of economic development since China’s economic reform and opening to the outside world 20 years ago has shown that implementing the opening policy, participation in the international division of labour and exchange, the use of both domestic and international markets and resources, and the introduction of a foreign展开更多
The Eighth Five-year Plan period wasa fast growing period for Jiangsu’sforeign economic and technical co-operation. Guided by the policy of seizingopportunities, expanding the opening driveand promoting development, ...The Eighth Five-year Plan period wasa fast growing period for Jiangsu’sforeign economic and technical co-operation. Guided by the policy of seizingopportunities, expanding the opening driveand promoting development, all the staff atthe provincial foreign economic front madeevery effort to fulfill the goal of the sus-tained, fast and healthy development in for-展开更多
Pollution has become an unavoidable concern as China’s high-quality development is underway.How to reduce pollution is an imperative issue for China to address.Pollution emissions are closely related to factor inputs...Pollution has become an unavoidable concern as China’s high-quality development is underway.How to reduce pollution is an imperative issue for China to address.Pollution emissions are closely related to factor inputs,production processes and pollution control measures.Are there other forces to cut emissions besides regulatory control?Taking sulfur dioxide as an example,this paper probes into the potential mechanism through which technical efficiency drives pollution reduction in the context of opening to foreign investment.The results reveal that the openness to foreign investment remarkably lowers pollution emissions of fi rms,with SOEs,large fi rms and exporters seeing more pronounced pollution reduction eff ect after opening to foreign investment,while fi rms in pollution-intensive industries and less regulated areas are weaker in pollution reduction.A look into fi rm behavior suggests that the openness to foreign investment reduces pollutant emissions by improving technical efficiency rather than by raising investment in pollution control.The pollution reduction eff ect resulting from the openness is refl ected in the improvement of intra-fi rm emission reduction capacity instead of inter-fi rm resource reallocation eff ect,according to an analysis at the aggregate level.This paper concludes that technical efficiency gains are an important tool to advance pollution reduction,and that China must be more flexible in leveraging the pollution reduction effect of other policies regarding technical effi ciency to drive its high-quality development that is green.展开更多
文摘"Policy of People’s Bank of China is veryenlightened. Conditions for foreign capitalentering into are very relaxed. After the FordCompany received the soliciting opiniondraft of Measures, we quickly translated itinto English and sent it by fax to theHeadquarters of Ford Auto Finance Co. forresearch. We are very excided for theenlightenment of the people’s Bank ofChina." Mr. Xu Guozheng, Vice Presidentof Ford Auto(China) Co. Ltd. Answeredquestions from the reporter with pleasure onOctober 10, 2002.
文摘Hunan is situated on themiddle reaches of theYangtze River.As most partof the province lies on thesouth of Dongting Lake,it iscalled Hunan.Also it is called"Xiang"for the vast XiangRiver that runs through itfrom south to north.Furthermore,it is known asthe Hibiscus Kingdom dueto the abundant hibiscusthere,described in theancient poem"Autumn WindBlows through the HibiscusKingdom".
文摘The China Foreign Exchange Trade System, the only national foreign exchange trading institution in China, officially opened for business at 15 Shanghai Bund, Shanghai, on April 18 this year. It marked the start of the first market prices for foreign exchange in the country. The opening of the system means that the relationship between
文摘It has been our consistent policy to expand the opening policy, while using foreign capital reasonably and effectively. Our experience of economic development since China’s economic reform and opening to the outside world 20 years ago has shown that implementing the opening policy, participation in the international division of labour and exchange, the use of both domestic and international markets and resources, and the introduction of a foreign
文摘The Eighth Five-year Plan period wasa fast growing period for Jiangsu’sforeign economic and technical co-operation. Guided by the policy of seizingopportunities, expanding the opening driveand promoting development, all the staff atthe provincial foreign economic front madeevery effort to fulfill the goal of the sus-tained, fast and healthy development in for-
基金funded by the National Natural Science Foundation of China(72173015)the“Mechanism of Environmental Regulation Impacting Industrial Pollution Emissions under Heterogeneous Firm Constraints”project funded by the National Natural Science Foundation of China(71774028)the“Analysis of Element Mix of Innovation in Northeast China under Supply-Side Structural Reform and the Optimizing Measures”project supported by the National Social Science Fund of China(18ZDA042).
文摘Pollution has become an unavoidable concern as China’s high-quality development is underway.How to reduce pollution is an imperative issue for China to address.Pollution emissions are closely related to factor inputs,production processes and pollution control measures.Are there other forces to cut emissions besides regulatory control?Taking sulfur dioxide as an example,this paper probes into the potential mechanism through which technical efficiency drives pollution reduction in the context of opening to foreign investment.The results reveal that the openness to foreign investment remarkably lowers pollution emissions of fi rms,with SOEs,large fi rms and exporters seeing more pronounced pollution reduction eff ect after opening to foreign investment,while fi rms in pollution-intensive industries and less regulated areas are weaker in pollution reduction.A look into fi rm behavior suggests that the openness to foreign investment reduces pollutant emissions by improving technical efficiency rather than by raising investment in pollution control.The pollution reduction eff ect resulting from the openness is refl ected in the improvement of intra-fi rm emission reduction capacity instead of inter-fi rm resource reallocation eff ect,according to an analysis at the aggregate level.This paper concludes that technical efficiency gains are an important tool to advance pollution reduction,and that China must be more flexible in leveraging the pollution reduction effect of other policies regarding technical effi ciency to drive its high-quality development that is green.
