This article takes 2016-2022 as the inspection period to construct an evaluation index system for the green development level of the new energy vehicle industry.The entropy method and comprehensive index are used to m...This article takes 2016-2022 as the inspection period to construct an evaluation index system for the green development level of the new energy vehicle industry.The entropy method and comprehensive index are used to measure the green development level of the new energy vehicle industry in Chongqing,and compared with neighboring provinces such as Yunnan,Guizhou,and Sichuan.Policy recommendations are proposed to promote the development of the new energy vehicle industry in Chongqing City.展开更多
New industrialization in China, different from its past economic development pattern or patterns in developed nations, is the country’s theoretical innovation based on the positive and negative experiences of industr...New industrialization in China, different from its past economic development pattern or patterns in developed nations, is the country’s theoretical innovation based on the positive and negative experiences of industrialization at home and worldwide. New industrialization has various novel characteristics, including new sources of efficiency, new factors of production, new organizational forms, and new constraints. In addition, it has certain particularities arising from modernization with Chinese characteristics. This article summarizes the characteristics of new industrialization from the perspectives of people-centered approach, quality-first concept, independent innovation, green low-carbon economics, digital-real integration, and open circulation. There are four systems for promoting new industrialization: A self-sustained scientific and technological system, a high-end advanced manufacturing system, a green low-carbon circular system, and a division of labor system with domestic and international circulation. The Chinese new industrialization proposes the pathway and policy measures considering the new global situation and the requirements of new goals of strengthening organization and leadership, reducing factor cost, accelerating independent technological innovation, smoothing domestic and international circulation, and optimizing competition environment.展开更多
Suzhou Industrial Park successfully launched the report meeting on development ideas for the 12th Five Year period Suzhou Industrial Park successfully held a meeting to discuss ideas for
On December 4, 2007, unit 1of Taizhou Power Plant was put into operation, which became the symbolic unit of the installed capacity reaching 700 GW in China. On July 31, 2008, sponsored by the National Energy Administr...On December 4, 2007, unit 1of Taizhou Power Plant was put into operation, which became the symbolic unit of the installed capacity reaching 700 GW in China. On July 31, 2008, sponsored by the National Energy Administration and assisted by the China Electricity Council and the China Guodian Corporation, the "Conferring Ceremony for the 700 GW Symbolic Generating Unit of China" was held in the Great Hall of the People, Beijing. Zhang Guobao, vice chairman of the National Development and Reform Commission and Administrator of the newly established National Energy Administration attended the ceremony and delivered an important speech. Here published is an abridgment from the speech.展开更多
China has 85.02 million disabled people,and 39%of them have needs for rehabilitation technical aids,while only 7.31%of them have been equipped with such aids.According to data from the National Working Commission on A...China has 85.02 million disabled people,and 39%of them have needs for rehabilitation technical aids,while only 7.31%of them have been equipped with such aids.According to data from the National Working Commission on Aging,the demands of Chinese pension services market are valued at more than RMB 3trillion,and will reach RMB 5 trillion by the year 2050.展开更多
Under the dual pressures of energy crisis and environmental pollution,China’s new energy power industry has become a focal point for environmental management and requires greater investment.In this context,as a signi...Under the dual pressures of energy crisis and environmental pollution,China’s new energy power industry has become a focal point for environmental management and requires greater investment.In this context,as a significant input of investment projects,discount rate requires a well-calibrated evaluation because new energy power investment projects are highly capital intensive.The main objective of this paper is to evaluate the discount rate of China’s new energy power industry.First,we use Moving Average to correct the parameters of capital asset pricing model(CAPM)and weighted average cost of capital,which extends the literature on the avoidance of CAPM noise information problem.Second,we study the industry-level annual discount rates of mainly China’s new energy power industries,including hydropower,nuclear power,wind power,and photovoltaic power industries for the period of 2014-2019.The results show that discount rates in China’s new energy power industries evolved differently between the years of 2014-2019 with average annual discount rates being 7.56%,5.83%,5.60%,and 8.64%,for the hydropower,nuclear power,wind power,and photovoltaic power industries,respectively.In 2019,the four annual discount rates were highest for the photovoltaic power industry(8.66%),followed by hydropower(7.17%),wind power(5.72%),and nuclear power industry(5.26%).Forecasting to 2020 from the 2019 evaluation base period,the discount rates are 6.37%,5.00%,6.57%,and 9.05%for the photovoltaic power,hydropower,wind power,and nuclear power industries,respectively.Under the different capital structures,their forecasts for the photovoltaic power,hydropower,wind power,and nuclear power industries in 2020 are,respectively,within[4.35%,9.24%],[3.92%,7.10%],[4.58%,10.40%],[5.46%,14.81%].We also discussed more details on capital structure and forecast period of discount rates for China’s new energy power industries.Our analysis shows that it is necessary to establish a new energy power industry database and steadily promote the implementation of policies.展开更多
Information from the Department ofAutomobiles,the Ministry of Machine-building Industry,reveals that China willtake the following measures to realize thegoal of the auto industry becoming a pillarindustry of the natio...Information from the Department ofAutomobiles,the Ministry of Machine-building Industry,reveals that China willtake the following measures to realize thegoal of the auto industry becoming a pillarindustry of the national economy. --Promoting Conglomeration.Theindustrial structure will be optimized andreorganized.Under the guidance of theindustrial policy for the auto industry。展开更多
Real estate has been one of the fastest growing sectors in China since its opening to the outside world. The sustained, steady growth of the national economy has provided favourable conditions for the rapid growth of ...Real estate has been one of the fastest growing sectors in China since its opening to the outside world. The sustained, steady growth of the national economy has provided favourable conditions for the rapid growth of the real estate industry, and the higher profits anticipated have attracted a large volume of overseas capital into the industry. Various real estate companies have flourished, and a number of luxury hotels, villas and holiday展开更多
With never-ending changes and improvements and an increasing industrial scale of the Internet, the emerging new application trends, such as social networking, network video, intelligent search and mobile Internet, and...With never-ending changes and improvements and an increasing industrial scale of the Internet, the emerging new application trends, such as social networking, network video, intelligent search and mobile Internet, and new Internet technologies, such as Mashup, artificial intelligence, grid computing and open platform, are significantly influencing the Internet industrial structure. Moreover, the rapid development of the Internet and the convergence of the Internet and telecom networks, especially the development of mobile Internet, are giving the telecom industry a shock. This shock will certainly change the structure of the telecom industry, gradually break the monopoly status of telecom operators, shift the telecom emphasis to services and contents, and enhance the importance of terminal vendors in the industrial chain.展开更多
4.Global magnet industry center shifted Europe was the global magnets center before World WarⅡ.Afterwards,it had shifted to USA.Till late 1960s,the center had moved to Japan.Eventually,it moved to China at the beginn...4.Global magnet industry center shifted Europe was the global magnets center before World WarⅡ.Afterwards,it had shifted to USA.Till late 1960s,the center had moved to Japan.Eventually,it moved to China at the beginning of 21st century.Magnet output in different countries(2005)is shown in Table 3.展开更多
1.2.2 Output decline at the beginning of the new century Output of sintered NdFeB magnets during 1993 to 2005 was characterized by three features: turning point in 2001; completely ceased production in USA by the end ...1.2.2 Output decline at the beginning of the new century Output of sintered NdFeB magnets during 1993 to 2005 was characterized by three features: turning point in 2001; completely ceased production in USA by the end of 2003, very small production volume in Europe in those years and the recovered output in Japan since 2002; sharply increased output in China since 2002. Today, almost 80% of global total output is concentrated in China. The year 2001 was a "nightmare" for global magnet industry. Main consumers of NdFeB magnets - IT and computer industries greatly reduced their purchase of magnets due to the global economic recession. Statistics showed that the output of sintered NdFeB magnets in Japan in 2001 was 20.3% fallen in comparison with that in 2000 and the sales value was dropped by 36.2%. The similar situation happened to USA and Europe, with their outputs dropped by 40% and 15% respectively, and their sales value dropped by 51% and 34.9% each. Since then, the production in USA and Europe was decreased continuously. China was the only exception in the world escaped from the downward tendency. The turning point of global production of magnets appeared in 2001 due to the sharp output reduction of sintered NdFeB in the West.展开更多
Since China began to pursue the policies of reform and opening, its iron and steel industry has been following the strategic principle of making use of "two resources, two markets and two kinds of funds," an...Since China began to pursue the policies of reform and opening, its iron and steel industry has been following the strategic principle of making use of "two resources, two markets and two kinds of funds," and has made eyecatching progress in expanding opening to the outside world and international cooperation. In 1993, the industry utilized some US$900 million in foreign capital,展开更多
With economic development and the transformation and upgrading of manufacturing industry,key strategic materials will become the top priority for development.Among them,new display materials,rare earth magnetic materi...With economic development and the transformation and upgrading of manufacturing industry,key strategic materials will become the top priority for development.Among them,new display materials,rare earth magnetic materials,aerospace materials are the key subjects needed to be developed during the 13th five-year period.Industrialization and localization of these materials are accelerating.Analysts say that in the short term,national reserves have become an important catalyst for the rise of rare earth prices.展开更多
On September 7th,Sun Huaibin,vice president of China National Textile and Apparel Council,made a speech with the theme of''Belt and Road Initiative' and the development of China's textile industry'...On September 7th,Sun Huaibin,vice president of China National Textile and Apparel Council,made a speech with the theme of''Belt and Road Initiative' and the development of China's textile industry',to discuss the harvest and direction of China's textile industry under the background of 'Belt and Road Initiative',in the warming-up section of 2017 the the 2nd China(Zhengzhou)International Futures Forum.展开更多
The China National Council of Light Industry is the reshuffled former Ministry of Light Industry. It began operation in Beijing on July 15, 1993. Chairman Yu Zhen gave the following introduction on the council’s work...The China National Council of Light Industry is the reshuffled former Ministry of Light Industry. It began operation in Beijing on July 15, 1993. Chairman Yu Zhen gave the following introduction on the council’s work: The China National Council of Light Industry retains the administration functions and responsibilities of the former Ministry of Light Industry. Its functions of coordination, service展开更多
This paper discusses the urgency to further develop China’s space technological industry;analyzes the gaps between China and other advanced countries in space industry,including technological level,development scale,...This paper discusses the urgency to further develop China’s space technological industry;analyzes the gaps between China and other advanced countries in space industry,including technological level,development scale,application scope and investment;describes the current severe situation that the China’s space industry is faced with and proposes the overall objective,guiding principles and major tasks of China’s space technological sector in the Ninth-Five Year Plan and the coming decade.Finally,it proposes some policies and effective measures to speed up the development of China’s space industry to meet the challenge in the 21st century.展开更多
文摘This article takes 2016-2022 as the inspection period to construct an evaluation index system for the green development level of the new energy vehicle industry.The entropy method and comprehensive index are used to measure the green development level of the new energy vehicle industry in Chongqing,and compared with neighboring provinces such as Yunnan,Guizhou,and Sichuan.Policy recommendations are proposed to promote the development of the new energy vehicle industry in Chongqing City.
文摘New industrialization in China, different from its past economic development pattern or patterns in developed nations, is the country’s theoretical innovation based on the positive and negative experiences of industrialization at home and worldwide. New industrialization has various novel characteristics, including new sources of efficiency, new factors of production, new organizational forms, and new constraints. In addition, it has certain particularities arising from modernization with Chinese characteristics. This article summarizes the characteristics of new industrialization from the perspectives of people-centered approach, quality-first concept, independent innovation, green low-carbon economics, digital-real integration, and open circulation. There are four systems for promoting new industrialization: A self-sustained scientific and technological system, a high-end advanced manufacturing system, a green low-carbon circular system, and a division of labor system with domestic and international circulation. The Chinese new industrialization proposes the pathway and policy measures considering the new global situation and the requirements of new goals of strengthening organization and leadership, reducing factor cost, accelerating independent technological innovation, smoothing domestic and international circulation, and optimizing competition environment.
文摘Suzhou Industrial Park successfully launched the report meeting on development ideas for the 12th Five Year period Suzhou Industrial Park successfully held a meeting to discuss ideas for
文摘On December 4, 2007, unit 1of Taizhou Power Plant was put into operation, which became the symbolic unit of the installed capacity reaching 700 GW in China. On July 31, 2008, sponsored by the National Energy Administration and assisted by the China Electricity Council and the China Guodian Corporation, the "Conferring Ceremony for the 700 GW Symbolic Generating Unit of China" was held in the Great Hall of the People, Beijing. Zhang Guobao, vice chairman of the National Development and Reform Commission and Administrator of the newly established National Energy Administration attended the ceremony and delivered an important speech. Here published is an abridgment from the speech.
文摘China has 85.02 million disabled people,and 39%of them have needs for rehabilitation technical aids,while only 7.31%of them have been equipped with such aids.According to data from the National Working Commission on Aging,the demands of Chinese pension services market are valued at more than RMB 3trillion,and will reach RMB 5 trillion by the year 2050.
文摘Under the dual pressures of energy crisis and environmental pollution,China’s new energy power industry has become a focal point for environmental management and requires greater investment.In this context,as a significant input of investment projects,discount rate requires a well-calibrated evaluation because new energy power investment projects are highly capital intensive.The main objective of this paper is to evaluate the discount rate of China’s new energy power industry.First,we use Moving Average to correct the parameters of capital asset pricing model(CAPM)and weighted average cost of capital,which extends the literature on the avoidance of CAPM noise information problem.Second,we study the industry-level annual discount rates of mainly China’s new energy power industries,including hydropower,nuclear power,wind power,and photovoltaic power industries for the period of 2014-2019.The results show that discount rates in China’s new energy power industries evolved differently between the years of 2014-2019 with average annual discount rates being 7.56%,5.83%,5.60%,and 8.64%,for the hydropower,nuclear power,wind power,and photovoltaic power industries,respectively.In 2019,the four annual discount rates were highest for the photovoltaic power industry(8.66%),followed by hydropower(7.17%),wind power(5.72%),and nuclear power industry(5.26%).Forecasting to 2020 from the 2019 evaluation base period,the discount rates are 6.37%,5.00%,6.57%,and 9.05%for the photovoltaic power,hydropower,wind power,and nuclear power industries,respectively.Under the different capital structures,their forecasts for the photovoltaic power,hydropower,wind power,and nuclear power industries in 2020 are,respectively,within[4.35%,9.24%],[3.92%,7.10%],[4.58%,10.40%],[5.46%,14.81%].We also discussed more details on capital structure and forecast period of discount rates for China’s new energy power industries.Our analysis shows that it is necessary to establish a new energy power industry database and steadily promote the implementation of policies.
文摘Information from the Department ofAutomobiles,the Ministry of Machine-building Industry,reveals that China willtake the following measures to realize thegoal of the auto industry becoming a pillarindustry of the national economy. --Promoting Conglomeration.Theindustrial structure will be optimized andreorganized.Under the guidance of theindustrial policy for the auto industry。
文摘Real estate has been one of the fastest growing sectors in China since its opening to the outside world. The sustained, steady growth of the national economy has provided favourable conditions for the rapid growth of the real estate industry, and the higher profits anticipated have attracted a large volume of overseas capital into the industry. Various real estate companies have flourished, and a number of luxury hotels, villas and holiday
文摘With never-ending changes and improvements and an increasing industrial scale of the Internet, the emerging new application trends, such as social networking, network video, intelligent search and mobile Internet, and new Internet technologies, such as Mashup, artificial intelligence, grid computing and open platform, are significantly influencing the Internet industrial structure. Moreover, the rapid development of the Internet and the convergence of the Internet and telecom networks, especially the development of mobile Internet, are giving the telecom industry a shock. This shock will certainly change the structure of the telecom industry, gradually break the monopoly status of telecom operators, shift the telecom emphasis to services and contents, and enhance the importance of terminal vendors in the industrial chain.
文摘4.Global magnet industry center shifted Europe was the global magnets center before World WarⅡ.Afterwards,it had shifted to USA.Till late 1960s,the center had moved to Japan.Eventually,it moved to China at the beginning of 21st century.Magnet output in different countries(2005)is shown in Table 3.
文摘1.2.2 Output decline at the beginning of the new century Output of sintered NdFeB magnets during 1993 to 2005 was characterized by three features: turning point in 2001; completely ceased production in USA by the end of 2003, very small production volume in Europe in those years and the recovered output in Japan since 2002; sharply increased output in China since 2002. Today, almost 80% of global total output is concentrated in China. The year 2001 was a "nightmare" for global magnet industry. Main consumers of NdFeB magnets - IT and computer industries greatly reduced their purchase of magnets due to the global economic recession. Statistics showed that the output of sintered NdFeB magnets in Japan in 2001 was 20.3% fallen in comparison with that in 2000 and the sales value was dropped by 36.2%. The similar situation happened to USA and Europe, with their outputs dropped by 40% and 15% respectively, and their sales value dropped by 51% and 34.9% each. Since then, the production in USA and Europe was decreased continuously. China was the only exception in the world escaped from the downward tendency. The turning point of global production of magnets appeared in 2001 due to the sharp output reduction of sintered NdFeB in the West.
文摘Since China began to pursue the policies of reform and opening, its iron and steel industry has been following the strategic principle of making use of "two resources, two markets and two kinds of funds," and has made eyecatching progress in expanding opening to the outside world and international cooperation. In 1993, the industry utilized some US$900 million in foreign capital,
文摘With economic development and the transformation and upgrading of manufacturing industry,key strategic materials will become the top priority for development.Among them,new display materials,rare earth magnetic materials,aerospace materials are the key subjects needed to be developed during the 13th five-year period.Industrialization and localization of these materials are accelerating.Analysts say that in the short term,national reserves have become an important catalyst for the rise of rare earth prices.
文摘On September 7th,Sun Huaibin,vice president of China National Textile and Apparel Council,made a speech with the theme of''Belt and Road Initiative' and the development of China's textile industry',to discuss the harvest and direction of China's textile industry under the background of 'Belt and Road Initiative',in the warming-up section of 2017 the the 2nd China(Zhengzhou)International Futures Forum.
文摘The China National Council of Light Industry is the reshuffled former Ministry of Light Industry. It began operation in Beijing on July 15, 1993. Chairman Yu Zhen gave the following introduction on the council’s work: The China National Council of Light Industry retains the administration functions and responsibilities of the former Ministry of Light Industry. Its functions of coordination, service
文摘This paper discusses the urgency to further develop China’s space technological industry;analyzes the gaps between China and other advanced countries in space industry,including technological level,development scale,application scope and investment;describes the current severe situation that the China’s space industry is faced with and proposes the overall objective,guiding principles and major tasks of China’s space technological sector in the Ninth-Five Year Plan and the coming decade.Finally,it proposes some policies and effective measures to speed up the development of China’s space industry to meet the challenge in the 21st century.