As the major source of air pollution,sulfur dioxide(S0_(2))emissions have become the focus of global attention.However,existing studies rarely consider spatial effects when discussing the relationship between foreign ...As the major source of air pollution,sulfur dioxide(S0_(2))emissions have become the focus of global attention.However,existing studies rarely consider spatial effects when discussing the relationship between foreign direct investment(FDI)and S0_(2) emissions.This study took the Yangtze River Delta as the research area and used the spatial panel data of 26 cities in this region for 2004-2017.The study investigated the spatial agglomeration effects and dynamics at work in FDI and S0_(2) emissions by using global and local measures of spatial autocorrelation.Then,based on regression analysis using a results of traditional ordinary least squares(OLS)model and a spatial econometric model,the spatial Durbin model(SDM)with spatial-time effects was adopted to quantify the impact of FDI on S0_(2) emissions,so as to avoid the regression results bias caused by ignoring the spatial effects.The results revealed a significant spatial autocorrelation between FDI and S0_(2) emissions,both of which displayed obvious path dependence characteristics in their geographical distribution.A series of agglomeration regions were observed on the spatial scale.The estimation results of the SDM showed that FDI inflow promoted S0_(2) emissions,which supports the pollution haven hypothesis.The findings of this study are significant in the prevention and control of air pollution in the Yangtze River Delta.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
Usually, China’s overseas investment refers to direct investment (capital, equipment, technology, patent fights and trademark) from Chinese enterprises, corporations and other organizations to set up overseas joint v...Usually, China’s overseas investment refers to direct investment (capital, equipment, technology, patent fights and trademark) from Chinese enterprises, corporations and other organizations to set up overseas joint ventures, cooperative operations, wholly-owned enterprises or other展开更多
The volume of e-commerce trade is surging,mobile pay-ment is taking over the world,and the sharing economy is a worldwide phenomenon.In recent years,China has made remarkable achieve-ments in the digital economy domai...The volume of e-commerce trade is surging,mobile pay-ment is taking over the world,and the sharing economy is a worldwide phenomenon.In recent years,China has made remarkable achieve-ments in the digital economy domain,which has garnered attention from a wide range of sources.During the recently held Chinese enterprises’transnational investment seminar,the digital economy was also a popular topic.Dusan Bella,Ambassador of展开更多
1. .Productive enterprises with foreign investment will be exempt from income tax for the first two years starting from the year of opening,and their income tax will be cut by half during the next three years. After t...1. .Productive enterprises with foreign investment will be exempt from income tax for the first two years starting from the year of opening,and their income tax will be cut by half during the next three years. After that, they will continue to enjoy half tax rates, and at the same time, qualify for local tax exemption. 2. For the Sino-French joint venture approved to produce 300,000 buses,展开更多
At the recently-convened meetings of the National People’sCongress and the Chinese People’s Political ConsultativeCoference, agriculture has once again become a hot topicattracting attentions of deputies. Speeding u...At the recently-convened meetings of the National People’sCongress and the Chinese People’s Political ConsultativeCoference, agriculture has once again become a hot topicattracting attentions of deputies. Speeding up the opening up ofagricultural sector and properly resolving the thorny financial andtechnological problems confronting it become a highlighted issuein the State’s plan to utilize foreign investment in the coming fewyears.展开更多
In recent years,overseas observers have reached a consensus upon attributing China’s sustained rapid economic growth primarily to high investment.This consensus opinion has also struck a resonant chord among a large ...In recent years,overseas observers have reached a consensus upon attributing China’s sustained rapid economic growth primarily to high investment.This consensus opinion has also struck a resonant chord among a large number of domestic researchers who acknowledge the tremendous contribution of continued high fixed asset investment to China’s economic growth,and often wonder whether"the investment ratio is too high"and"the economy is overheating".In this article,renowned economist Zhang Hanya elaborates upon the real economic meaning of"investment ratio",and sets out reasonable criteria for the"investment/consumption ratio".His explanations help us to clarify our understanding and judgments regarding the related issues.展开更多
Henan Province has been working hard to improve its investment environment and build up its infrastructure ever since the start of China’s opening to the outside world. So far, the province has achieved great progres...Henan Province has been working hard to improve its investment environment and build up its infrastructure ever since the start of China’s opening to the outside world. So far, the province has achieved great progress. Its annual output of raw coal is 90 million tons, ranking second in the country; it has an installed capacity of 7.6 million KWs, generating 43 billion KWhs of electricity per year.展开更多
1. Agriculture, Forestry, Animal Husbandry, Fishery and Relevant Industries 1) Reclamation and development of waste land and hills,transformation of medium-to-low output land and forest; 2) Development of new varietie...1. Agriculture, Forestry, Animal Husbandry, Fishery and Relevant Industries 1) Reclamation and development of waste land and hills,transformation of medium-to-low output land and forest; 2) Development of new varieties of good quality and high output agricultural crops such as cereals, oils, fruits, vegetables, flowers and forage grass;展开更多
During the Fifth Asian and Pacific International Fairs held in Beijing, the vice minister of State Economic and Trade Commission, Yu Xiaosong, gave a review of the economic situation and investment environment of Chin...During the Fifth Asian and Pacific International Fairs held in Beijing, the vice minister of State Economic and Trade Commission, Yu Xiaosong, gave a review of the economic situation and investment environment of China to business people and journalists of various countries. This year is a key year in China’s economic system reform. The reform schemes for financial and taxation, monetary, investment and foreign展开更多
During the Eighth Five-Year Planperiod, Shaanxi Province intensifiedthe restructuring of investment andmacro-control in fixed assets investment byimplementing the policy of "limiting totalamount, readjusting stru...During the Eighth Five-Year Planperiod, Shaanxi Province intensifiedthe restructuring of investment andmacro-control in fixed assets investment byimplementing the policy of "limiting totalamount, readjusting structure, rectifying orderand improving efficiency". The wholeprovince realized RMB 110 billion in fixedassets investment, (including RMB 86.5 billionby state-owned units, RMB 14.23 billionthrough loans from the construction bank,making up 16.5 percent), RMB 67 billionmore than in the Seventh Five-Year Planperiod, with an annual increase of 26.5 percent.Thanks to the support, a group of medium-to-large and key projects have been put展开更多
基金Under the auspices of National Natural Science Foundation of China(No.41771140)National Key R&D Program of China(No.2018YFE0105900)。
文摘As the major source of air pollution,sulfur dioxide(S0_(2))emissions have become the focus of global attention.However,existing studies rarely consider spatial effects when discussing the relationship between foreign direct investment(FDI)and S0_(2) emissions.This study took the Yangtze River Delta as the research area and used the spatial panel data of 26 cities in this region for 2004-2017.The study investigated the spatial agglomeration effects and dynamics at work in FDI and S0_(2) emissions by using global and local measures of spatial autocorrelation.Then,based on regression analysis using a results of traditional ordinary least squares(OLS)model and a spatial econometric model,the spatial Durbin model(SDM)with spatial-time effects was adopted to quantify the impact of FDI on S0_(2) emissions,so as to avoid the regression results bias caused by ignoring the spatial effects.The results revealed a significant spatial autocorrelation between FDI and S0_(2) emissions,both of which displayed obvious path dependence characteristics in their geographical distribution.A series of agglomeration regions were observed on the spatial scale.The estimation results of the SDM showed that FDI inflow promoted S0_(2) emissions,which supports the pollution haven hypothesis.The findings of this study are significant in the prevention and control of air pollution in the Yangtze River Delta.
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Usually, China’s overseas investment refers to direct investment (capital, equipment, technology, patent fights and trademark) from Chinese enterprises, corporations and other organizations to set up overseas joint ventures, cooperative operations, wholly-owned enterprises or other
文摘The volume of e-commerce trade is surging,mobile pay-ment is taking over the world,and the sharing economy is a worldwide phenomenon.In recent years,China has made remarkable achieve-ments in the digital economy domain,which has garnered attention from a wide range of sources.During the recently held Chinese enterprises’transnational investment seminar,the digital economy was also a popular topic.Dusan Bella,Ambassador of
文摘1. .Productive enterprises with foreign investment will be exempt from income tax for the first two years starting from the year of opening,and their income tax will be cut by half during the next three years. After that, they will continue to enjoy half tax rates, and at the same time, qualify for local tax exemption. 2. For the Sino-French joint venture approved to produce 300,000 buses,
文摘At the recently-convened meetings of the National People’sCongress and the Chinese People’s Political ConsultativeCoference, agriculture has once again become a hot topicattracting attentions of deputies. Speeding up the opening up ofagricultural sector and properly resolving the thorny financial andtechnological problems confronting it become a highlighted issuein the State’s plan to utilize foreign investment in the coming fewyears.
文摘In recent years,overseas observers have reached a consensus upon attributing China’s sustained rapid economic growth primarily to high investment.This consensus opinion has also struck a resonant chord among a large number of domestic researchers who acknowledge the tremendous contribution of continued high fixed asset investment to China’s economic growth,and often wonder whether"the investment ratio is too high"and"the economy is overheating".In this article,renowned economist Zhang Hanya elaborates upon the real economic meaning of"investment ratio",and sets out reasonable criteria for the"investment/consumption ratio".His explanations help us to clarify our understanding and judgments regarding the related issues.
文摘Henan Province has been working hard to improve its investment environment and build up its infrastructure ever since the start of China’s opening to the outside world. So far, the province has achieved great progress. Its annual output of raw coal is 90 million tons, ranking second in the country; it has an installed capacity of 7.6 million KWs, generating 43 billion KWhs of electricity per year.
文摘1. Agriculture, Forestry, Animal Husbandry, Fishery and Relevant Industries 1) Reclamation and development of waste land and hills,transformation of medium-to-low output land and forest; 2) Development of new varieties of good quality and high output agricultural crops such as cereals, oils, fruits, vegetables, flowers and forage grass;
文摘During the Fifth Asian and Pacific International Fairs held in Beijing, the vice minister of State Economic and Trade Commission, Yu Xiaosong, gave a review of the economic situation and investment environment of China to business people and journalists of various countries. This year is a key year in China’s economic system reform. The reform schemes for financial and taxation, monetary, investment and foreign
文摘The Beijing Foreign Economic and Trade Commission has announced that,in 1997, Beijing’s use of foreign investment has had the following new features:
文摘During the Eighth Five-Year Planperiod, Shaanxi Province intensifiedthe restructuring of investment andmacro-control in fixed assets investment byimplementing the policy of "limiting totalamount, readjusting structure, rectifying orderand improving efficiency". The wholeprovince realized RMB 110 billion in fixedassets investment, (including RMB 86.5 billionby state-owned units, RMB 14.23 billionthrough loans from the construction bank,making up 16.5 percent), RMB 67 billionmore than in the Seventh Five-Year Planperiod, with an annual increase of 26.5 percent.Thanks to the support, a group of medium-to-large and key projects have been put
