Today, intemational capital flows faster and faster. Thus, the supervision of capital flow becomes one of the key problems need to be solved every country, and how to supervise it is the focus in theoretical circle. E...Today, intemational capital flows faster and faster. Thus, the supervision of capital flow becomes one of the key problems need to be solved every country, and how to supervise it is the focus in theoretical circle. Especially, China is currently facing international pressure to revalue the RMB, and a large number of free foreign capitals is flowing into China. So it is much more important to supervise it. By using the theory of foreign trade, we analyze the policy effects of foreign trade in the process of capital flow, and hope that the policy of foreign trade will exert positive effects on the supervision of capital flow.展开更多
In the economic field, along the Yalu River, there are one economic and technological development zone, two new and high-tech development zones, one industrial processing zone and one border trade zone, all approved b...In the economic field, along the Yalu River, there are one economic and technological development zone, two new and high-tech development zones, one industrial processing zone and one border trade zone, all approved by the state, and seven other development zones that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
For the sake of attracting more foreign investment, the Qinghai Government issued the Preferential Methods for More Foreign Investment in Qinghai in 1992, which was amended on March 1, 1995. The main contents are as f...For the sake of attracting more foreign investment, the Qinghai Government issued the Preferential Methods for More Foreign Investment in Qinghai in 1992, which was amended on March 1, 1995. The main contents are as follows: ——Foreign-funded enterprises will enjoy superiority in the arrangement of supplies of water, electricity, gas, raw materials, materials, land, basic construction, transport, telecommunications, loans and labour.展开更多
Referring to related national andLiaoning provincial policies,theTieling Municipal Governmenthas put forward preferential policiesin the following areas to encouragethe development of foreign-fundedenterprises. 1. Pro...Referring to related national andLiaoning provincial policies,theTieling Municipal Governmenthas put forward preferential policiesin the following areas to encouragethe development of foreign-fundedenterprises. 1. Productive enterprises wholly-orpartly-funded by foreign展开更多
——A foreign investment production enterprise scheduled to operate for a period of 10 years or more may, upon approval by the tax authorities, be exempt from enterprise income tax in the first and second profit-makin...——A foreign investment production enterprise scheduled to operate for a period of 10 years or more may, upon approval by the tax authorities, be exempt from enterprise income tax in the first and second profit-making years and may be allowed a 50% reduction in the third to fifth years. ——As to the additional registered capital scheduled to operate for a period of 10 years or more from a foreign investment enterprise, it may, upon approval by the tax authorities, be展开更多
Foreign direct investment （FDI） has great function to the growth of the economy in various countries. The beneficial policies of the foreign capitals are the main means to various countries to absorb FDI. Utilizing ...Foreign direct investment （FDI） has great function to the growth of the economy in various countries. The beneficial policies of the foreign capitals are the main means to various countries to absorb FDI. Utilizing this means appropriately and designing beneficial policies, which can make the host country get the maximized revenue of utilizing FDI, are the key to absorb FDI effectively. In this paper, we set up a game model between the level of the host country＇s beneficial policies and the scale of FDI, and analyze what the key factors that influence the level of host country＇s beneficial policies are and how to decide the level of beneficial policies according to these key factors.展开更多
1.Management of Foreign-invested Enterprises The Henan Provincial Government protects the autonomy of production and management of foreign-invested enterprises, and supports their management according to international...1.Management of Foreign-invested Enterprises The Henan Provincial Government protects the autonomy of production and management of foreign-invested enterprises, and supports their management according to international advanced scientific methods.展开更多
In light of recent tax cuts by the US, should China reintroduce a preferential tax policy to attract foreign direct investment？ This paper investigates whether China＇s 2008 tax policy change affected inward foreign ...In light of recent tax cuts by the US, should China reintroduce a preferential tax policy to attract foreign direct investment？ This paper investigates whether China＇s 2008 tax policy change affected inward foreign direct investment. In contrast to previous studies, we break foreign investment down into suspect and real foreign investment using firm- level data from 1998 to 2008 and conduct a difference-in-difference estimation to determine the effect of the tax policy change on both types of foreign investment and compare these to the effect on domestic investment. The results show that the 2008 tax policy change reduced the amount of suspect foreign investment and its effect on real foreign investment was insignificant, indicating that foreign firms in China are more concerned with the investment environment and economic stability than taxes. Therefore, China should create a regulated business environment instead of readopting supernational treatment for foreign enterprises.展开更多
During the 11 th Five-year Plan period (2006～2010),China effectively introduced a large amount of foreign capital inflowacross desired industries and regions.In the meantime,the changing international and domestic ec...During the 11 th Five-year Plan period (2006～2010),China effectively introduced a large amount of foreign capital inflowacross desired industries and regions.In the meantime,the changing international and domestic economic environmentshave posed new challenges.This paper has identified problems in terms of investment mode,innovation,institutionaldesign,industrial layout and economic security.In the upcoming 12th Five-year Plan period (2011 -2015),China willremain an attractive destination for foreign capital but also needs to increase FDI’s productivity rather than just quantity.Besides,industrial and regional structures must be properly balanced.This paper takes stock of the 2006-2010 period andputs forward policy recommendations for the upcoming 2011-2015 period.展开更多
This paper examines the effectiveness of China＇s monetary policy in curbing the overheating and speculation problems under the current foreign exchange system. The paper stresses the necessity of capital controls in ...This paper examines the effectiveness of China＇s monetary policy in curbing the overheating and speculation problems under the current foreign exchange system. The paper stresses the necessity of capital controls in China＇s gradual foreign exchange reform and the importance of credible government policy in guiding market expectations. Also, the paper discusses the persistence of China＇s external imbalance, and provides policy recommendations for its reduction.展开更多
文摘Today, intemational capital flows faster and faster. Thus, the supervision of capital flow becomes one of the key problems need to be solved every country, and how to supervise it is the focus in theoretical circle. Especially, China is currently facing international pressure to revalue the RMB, and a large number of free foreign capitals is flowing into China. So it is much more important to supervise it. By using the theory of foreign trade, we analyze the policy effects of foreign trade in the process of capital flow, and hope that the policy of foreign trade will exert positive effects on the supervision of capital flow.
文摘In the economic field, along the Yalu River, there are one economic and technological development zone, two new and high-tech development zones, one industrial processing zone and one border trade zone, all approved by the state, and seven other development zones that
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For the sake of attracting more foreign investment, the Qinghai Government issued the Preferential Methods for More Foreign Investment in Qinghai in 1992, which was amended on March 1, 1995. The main contents are as follows: ——Foreign-funded enterprises will enjoy superiority in the arrangement of supplies of water, electricity, gas, raw materials, materials, land, basic construction, transport, telecommunications, loans and labour.
文摘Referring to related national andLiaoning provincial policies,theTieling Municipal Governmenthas put forward preferential policiesin the following areas to encouragethe development of foreign-fundedenterprises. 1. Productive enterprises wholly-orpartly-funded by foreign
文摘——A foreign investment production enterprise scheduled to operate for a period of 10 years or more may, upon approval by the tax authorities, be exempt from enterprise income tax in the first and second profit-making years and may be allowed a 50% reduction in the third to fifth years. ——As to the additional registered capital scheduled to operate for a period of 10 years or more from a foreign investment enterprise, it may, upon approval by the tax authorities, be
文摘Foreign direct investment （FDI） has great function to the growth of the economy in various countries. The beneficial policies of the foreign capitals are the main means to various countries to absorb FDI. Utilizing this means appropriately and designing beneficial policies, which can make the host country get the maximized revenue of utilizing FDI, are the key to absorb FDI effectively. In this paper, we set up a game model between the level of the host country＇s beneficial policies and the scale of FDI, and analyze what the key factors that influence the level of host country＇s beneficial policies are and how to decide the level of beneficial policies according to these key factors.
文摘1.Management of Foreign-invested Enterprises The Henan Provincial Government protects the autonomy of production and management of foreign-invested enterprises, and supports their management according to international advanced scientific methods.
基金This paper was funded by the National Social Science Foundation of China （No. 16ZDA006） and the National Natural Science Foundation of China （Nos. 71773084 and 71373186）.
文摘In light of recent tax cuts by the US, should China reintroduce a preferential tax policy to attract foreign direct investment？ This paper investigates whether China＇s 2008 tax policy change affected inward foreign direct investment. In contrast to previous studies, we break foreign investment down into suspect and real foreign investment using firm- level data from 1998 to 2008 and conduct a difference-in-difference estimation to determine the effect of the tax policy change on both types of foreign investment and compare these to the effect on domestic investment. The results show that the 2008 tax policy change reduced the amount of suspect foreign investment and its effect on real foreign investment was insignificant, indicating that foreign firms in China are more concerned with the investment environment and economic stability than taxes. Therefore, China should create a regulated business environment instead of readopting supernational treatment for foreign enterprises.
文摘During the 11 th Five-year Plan period (2006～2010),China effectively introduced a large amount of foreign capital inflowacross desired industries and regions.In the meantime,the changing international and domestic economic environmentshave posed new challenges.This paper has identified problems in terms of investment mode,innovation,institutionaldesign,industrial layout and economic security.In the upcoming 12th Five-year Plan period (2011 -2015),China willremain an attractive destination for foreign capital but also needs to increase FDI’s productivity rather than just quantity.Besides,industrial and regional structures must be properly balanced.This paper takes stock of the 2006-2010 period andputs forward policy recommendations for the upcoming 2011-2015 period.
文摘This paper examines the effectiveness of China＇s monetary policy in curbing the overheating and speculation problems under the current foreign exchange system. The paper stresses the necessity of capital controls in China＇s gradual foreign exchange reform and the importance of credible government policy in guiding market expectations. Also, the paper discusses the persistence of China＇s external imbalance, and provides policy recommendations for its reduction.
