China has a large population,a large middle-income group,and a wide consumer market coverage.In the context of economic globalization,the connection between the Chinese economy and the world industrial chain has been ...China has a large population,a large middle-income group,and a wide consumer market coverage.In the context of economic globalization,the connection between the Chinese economy and the world industrial chain has been further strengthened,contributing to the development of the global economy.Under the background of the Hainan Free Trade Port,building an economic service trade system will help to create a new highland for economic service trade,promote the development of China’s service trade,and facilitate the rational allocation of resources on a global scale.Because of this,the article will analyze the opportunities for building an economic service trade system and the challenges of building an economic service trade system under the background of Hainan Free Trade Port,and focus on analyzing the path strategies for building an economic service trade system to create a high-level new highland of service trade and actively face the challenges of era development and economic upgrading[1].展开更多
Finance and Trade Economics(monthly) is sponsored by the Institute of Finance and Trade Economics,and directed by the Chinese Academy of Social Sciences.It is one of the oldest and most prestigious journals in economi...Finance and Trade Economics(monthly) is sponsored by the Institute of Finance and Trade Economics,and directed by the Chinese Academy of Social Sciences.It is one of the oldest and most prestigious journals in economics in China,展开更多
Finance and Trade Economics (monthly) is sponsored bythe Institute of Finance and Trade Economics, and directedby the Chinese Academy of Social Sciences.It is one of theoldest and most prestigious journals in economic...Finance and Trade Economics (monthly) is sponsored bythe Institute of Finance and Trade Economics, and directedby the Chinese Academy of Social Sciences.It is one of theoldest and most prestigious journals in economics in China,featuring sound unification of both theoretical and empiricalresearch.Since 1980, FTE has presented vast展开更多
Thailand has currently enhanced and promoted intensive trade and investment liberalization and implemented long-term growth policy according with current regional economic integration, WTO obligations and globalizatio...Thailand has currently enhanced and promoted intensive trade and investment liberalization and implemented long-term growth policy according with current regional economic integration, WTO obligations and globalization. Nevertheless, several recent internal and external factors e.g. the massive SARS and avian flu outbreaks, the Indian Ocean tsunami devastation, the Asia financial crisis and domestic policy reforms （ICSEAD, 2006） have also impeded this policy. While the issues are important for Thailand and developing countries in Asia, only limited research has been undertaken to investigate them. The paper conducts a substantive quantitative study to contribute to these trade and development policy issues. A new econometric modelling policy method, namely the generalized gravity theory （Tran Van Hoa, 2004） is used to develop a simple flexible simultaneous-equation econometric model of Thailand＇s openness model with its seven major trade partners （ASEAN-4, Australia, the USA, the EU, China, Japan and India）. Using data from the ICSEAD, the World Development Indicators and the Bank of Thailand databases, the paper reveals efficient and reliable empirical findings on trade-growth causality, trade determination including the impact of shocks and policy reform on trade and growth between Thailand and its major trade partners over the past two decades. The paper also provides evidence on the linkages between trade in goods, FDI and services and regional economic integration for more credible policy implications.展开更多
The Arbitration Law of the People’s Republic of China will go into effect on September 1, 1995, which has become the focus of world attention. This is an important law promulgated by China for handling economic dispu...The Arbitration Law of the People’s Republic of China will go into effect on September 1, 1995, which has become the focus of world attention. This is an important law promulgated by China for handling economic disputes. All the parties concerned are making intense preparations for the successful enforcement of the Law. As the first nongovernmental organisation engaged in arbitration affairs, the China Council展开更多
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
Since he took office, the new US president, Donald Trump, has unveiled his broad economic policy--now called Trumponomics. It emphasizes neoliberalism at home, less government regulations, more growth and weakening th...Since he took office, the new US president, Donald Trump, has unveiled his broad economic policy--now called Trumponomics. It emphasizes neoliberalism at home, less government regulations, more growth and weakening the welfare state. Intemationally, Trumponomics embraces protectionism and nativism with a focus on US economic interests. Trumponomics caters to the lower-middle classes, a reflection of the country＇s current economic and diplomatic challenges. Trumponomics will bring uncertainty to China-US economic and trade relations. China should carefully study the policies of the Trump administration and prepare contingency plans.展开更多
China’s Economy Growing 7.8 PercentChina’s economy grew 7.8% to RMB4,553.6 billion (US$548.6 billion) in the first half year, reaching the national economic growth target of 7% according to the National Bureau of St...China’s Economy Growing 7.8 PercentChina’s economy grew 7.8% to RMB4,553.6 billion (US$548.6 billion) in the first half year, reaching the national economic growth target of 7% according to the National Bureau of Statistics. The Chinese government has continued to carry out a pro-active fiscal policy to expand domestic demand.展开更多
Still in 11th Place in World Trade Statistics from the Secretariat of the World Trade Organization on the first fifteen countries (regions) in world trade in 1994 show that China still occupies 11th place. The USA sti...Still in 11th Place in World Trade Statistics from the Secretariat of the World Trade Organization on the first fifteen countries (regions) in world trade in 1994 show that China still occupies 11th place. The USA still took first place in world trade, registering US $ 1.194 trillion in 1994 and accounting for 11.4% of the world total, down 2.8 percentage points over last year. Other countries among展开更多
Economic Goals for the New YearThe economic reform in China will deepenand the opening-up be furthered next year,top Chinese leaders agreed at a centralconference on national economy.The Central Committee of the Commu...Economic Goals for the New YearThe economic reform in China will deepenand the opening-up be furthered next year,top Chinese leaders agreed at a centralconference on national economy.The Central Committee of the CommunistParty of China and the State Council havejust concluded their jointly held two-daycentral econmic working conference inBeijing. During the meeting Hu Jintao,General Secretary of the CPC CentralCommittee, delivered a speech on the majoreconomic tasks to be met in the coming yearand Premier Zhu Rongji unveiled an all-round plan on next year’s economic work.The conference emphasized adherence展开更多
Biggest Foreign-funded Petrochemical Project In Hainan The Hainan Hebang International Petrochemical Company, Ltd., set up jointly by large financial groups in the USA, Britain, Switzerland and Hongkong, is building a
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
Shantou and Singapore Cooperates to set up a Steel Rolling Mill The Shantou Special Economic Zone Hongxin International Corporation and Singapore Donggang Private Co. Ltd. have jointly invested US$20 million to set up...Shantou and Singapore Cooperates to set up a Steel Rolling Mill The Shantou Special Economic Zone Hongxin International Corporation and Singapore Donggang Private Co. Ltd. have jointly invested US$20 million to set up a steel rolling mill in Longhu Area. The cooperative enterprise covers an area of 100 mu, and will import new technology from South Korea and展开更多
China’s Capital Market Tends to Be Flexible According to an authoritative department, China’s capital market develops in three trends in 1997. The first is that capital market speeds up its expansion pace so that mo...China’s Capital Market Tends to Be Flexible According to an authoritative department, China’s capital market develops in three trends in 1997. The first is that capital market speeds up its expansion pace so that more and more medium-to-large key enterprises will have their equity to be offered publically with their scale being evidently expanded. Laws and regulations governing fund market will be promulgated in the year and the fund scale will be further expanded. In 1997, and more national bonds will be issued.展开更多
文摘China has a large population,a large middle-income group,and a wide consumer market coverage.In the context of economic globalization,the connection between the Chinese economy and the world industrial chain has been further strengthened,contributing to the development of the global economy.Under the background of the Hainan Free Trade Port,building an economic service trade system will help to create a new highland for economic service trade,promote the development of China’s service trade,and facilitate the rational allocation of resources on a global scale.Because of this,the article will analyze the opportunities for building an economic service trade system and the challenges of building an economic service trade system under the background of Hainan Free Trade Port,and focus on analyzing the path strategies for building an economic service trade system to create a high-level new highland of service trade and actively face the challenges of era development and economic upgrading[1].
文摘Finance and Trade Economics(monthly) is sponsored by the Institute of Finance and Trade Economics,and directed by the Chinese Academy of Social Sciences.It is one of the oldest and most prestigious journals in economics in China,
文摘Finance and Trade Economics (monthly) is sponsored bythe Institute of Finance and Trade Economics, and directedby the Chinese Academy of Social Sciences.It is one of theoldest and most prestigious journals in economics in China,featuring sound unification of both theoretical and empiricalresearch.Since 1980, FTE has presented vast
文摘Thailand has currently enhanced and promoted intensive trade and investment liberalization and implemented long-term growth policy according with current regional economic integration, WTO obligations and globalization. Nevertheless, several recent internal and external factors e.g. the massive SARS and avian flu outbreaks, the Indian Ocean tsunami devastation, the Asia financial crisis and domestic policy reforms （ICSEAD, 2006） have also impeded this policy. While the issues are important for Thailand and developing countries in Asia, only limited research has been undertaken to investigate them. The paper conducts a substantive quantitative study to contribute to these trade and development policy issues. A new econometric modelling policy method, namely the generalized gravity theory （Tran Van Hoa, 2004） is used to develop a simple flexible simultaneous-equation econometric model of Thailand＇s openness model with its seven major trade partners （ASEAN-4, Australia, the USA, the EU, China, Japan and India）. Using data from the ICSEAD, the World Development Indicators and the Bank of Thailand databases, the paper reveals efficient and reliable empirical findings on trade-growth causality, trade determination including the impact of shocks and policy reform on trade and growth between Thailand and its major trade partners over the past two decades. The paper also provides evidence on the linkages between trade in goods, FDI and services and regional economic integration for more credible policy implications.
文摘The Arbitration Law of the People’s Republic of China will go into effect on September 1, 1995, which has become the focus of world attention. This is an important law promulgated by China for handling economic disputes. All the parties concerned are making intense preparations for the successful enforcement of the Law. As the first nongovernmental organisation engaged in arbitration affairs, the China Council
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Since he took office, the new US president, Donald Trump, has unveiled his broad economic policy--now called Trumponomics. It emphasizes neoliberalism at home, less government regulations, more growth and weakening the welfare state. Intemationally, Trumponomics embraces protectionism and nativism with a focus on US economic interests. Trumponomics caters to the lower-middle classes, a reflection of the country＇s current economic and diplomatic challenges. Trumponomics will bring uncertainty to China-US economic and trade relations. China should carefully study the policies of the Trump administration and prepare contingency plans.
文摘China’s Economy Growing 7.8 PercentChina’s economy grew 7.8% to RMB4,553.6 billion (US$548.6 billion) in the first half year, reaching the national economic growth target of 7% according to the National Bureau of Statistics. The Chinese government has continued to carry out a pro-active fiscal policy to expand domestic demand.
文摘Still in 11th Place in World Trade Statistics from the Secretariat of the World Trade Organization on the first fifteen countries (regions) in world trade in 1994 show that China still occupies 11th place. The USA still took first place in world trade, registering US $ 1.194 trillion in 1994 and accounting for 11.4% of the world total, down 2.8 percentage points over last year. Other countries among
文摘Economic Goals for the New YearThe economic reform in China will deepenand the opening-up be furthered next year,top Chinese leaders agreed at a centralconference on national economy.The Central Committee of the CommunistParty of China and the State Council havejust concluded their jointly held two-daycentral econmic working conference inBeijing. During the meeting Hu Jintao,General Secretary of the CPC CentralCommittee, delivered a speech on the majoreconomic tasks to be met in the coming yearand Premier Zhu Rongji unveiled an all-round plan on next year’s economic work.The conference emphasized adherence
文摘Biggest Foreign-funded Petrochemical Project In Hainan The Hainan Hebang International Petrochemical Company, Ltd., set up jointly by large financial groups in the USA, Britain, Switzerland and Hongkong, is building a
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Shantou and Singapore Cooperates to set up a Steel Rolling Mill The Shantou Special Economic Zone Hongxin International Corporation and Singapore Donggang Private Co. Ltd. have jointly invested US$20 million to set up a steel rolling mill in Longhu Area. The cooperative enterprise covers an area of 100 mu, and will import new technology from South Korea and
文摘China’s Capital Market Tends to Be Flexible According to an authoritative department, China’s capital market develops in three trends in 1997. The first is that capital market speeds up its expansion pace so that more and more medium-to-large key enterprises will have their equity to be offered publically with their scale being evidently expanded. Laws and regulations governing fund market will be promulgated in the year and the fund scale will be further expanded. In 1997, and more national bonds will be issued.
