The annual Central Economic Conference,a weathervane for China’s macro economy,set the tone for China’s economic development in 2019.I believe that the following three macroscopic analyses merit attention.
Since the global financial crisis broke out in 2008,one of the major challenges for the world economy is dealing with inadequate effective demand.The Chinese economy is facing this issue as well,but the essence of
THE 2018 Government Work report delivered by Premier Li Keqiang on March 5 to the first session of the 13th National People’s Congress has many highlights.With a global vision and a mission to mobilize Chinese people...THE 2018 Government Work report delivered by Premier Li Keqiang on March 5 to the first session of the 13th National People’s Congress has many highlights.With a global vision and a mission to mobilize Chinese people for a better future,it sets the 2018 agenda for the Chinese government.This year marks the 40th anniversary of China’s reform and opening-up.over the past decades China展开更多
CHINA should seize the moment at the G20 Summit in Hangzhou. capital of Zhejiang Province. in September to inject vitality into the organization and stimulate global governance. Currently, due to the changes in the w...CHINA should seize the moment at the G20 Summit in Hangzhou. capital of Zhejiang Province. in September to inject vitality into the organization and stimulate global governance. Currently, due to the changes in the world economy,展开更多
Since the global financial crisis broke out in 2008,one of the major challenges for the world economy is dealing with inadequate effective demand.the chinese economy is facing this issue as well.THE Central Economic W...Since the global financial crisis broke out in 2008,one of the major challenges for the world economy is dealing with inadequate effective demand.the chinese economy is facing this issue as well.THE Central Economic Work Conference held in December 2016 concluded that structural imbalance is the root cause of problems facing the展开更多
Countries around the world now regard the digital economy as a key new driver of economic growth.Development of digital trade has become an important means to drive the growth of the digital economy as well as a new t...Countries around the world now regard the digital economy as a key new driver of economic growth.Development of digital trade has become an important means to drive the growth of the digital economy as well as a new trend amid the evolution of international trade and related rules.Against this background,different countries and regions have established various versions of digital trade rules.展开更多
This year’s government work report gives unprecedented priority to innovation.The global economic system is undergoing its most significant restructuring ever,and economic ties have moved from global production netwo...This year’s government work report gives unprecedented priority to innovation.The global economic system is undergoing its most significant restructuring ever,and economic ties have moved from global production networks to global innovation networks.Innovation is becoming a strategic option to reshape the world economic landscape other than a policy展开更多
At present, the world is undergoing unprecedented accelerated changes. The international landscape of science and technology, industry, population, energy, and finance is undergoing profound and complex changes. In th...At present, the world is undergoing unprecedented accelerated changes. The international landscape of science and technology, industry, population, energy, and finance is undergoing profound and complex changes. In the world economy, the share of emerging markets and developing countries is on the rise.展开更多
Three years have elapsed since the synergetic development of the Beijing-Tianjin-Hebei(Jing-Jin-Ji)region was first put forward as a major national strategy by Chinese President Xi Jinping in February 2014.Xi called f...Three years have elapsed since the synergetic development of the Beijing-Tianjin-Hebei(Jing-Jin-Ji)region was first put forward as a major national strategy by Chinese President Xi Jinping in February 2014.Xi called for the coordination and integration of the economic zone surrounding Beijing.Now,a fledging Capital Economic Circle is taking shape.展开更多
As China celebrates the anniver- sary of the China （Shanghai） Free Trade Zone （FTZ） established in September 2013,ZhangMonan,an associate research fellow at the China Center for Interna- tional Economic Exchanges,...As China celebrates the anniver- sary of the China （Shanghai） Free Trade Zone （FTZ） established in September 2013,ZhangMonan,an associate research fellow at the China Center for Interna- tional Economic Exchanges, believes that the negative-list approach, one of the FTZ＇s pilot programs, needs to be further improved, providing a fair and open environment for foreign investment. Excerpts of Zhang＇s views follow：展开更多
One year since the China(Shanghai)Free Trade Zone(FTZ)was established on September 29,2013,the negative-list approach,one of the pilot programs launched in the Shanghai FTZ,needs to be further improved.Just as Premier...One year since the China(Shanghai)Free Trade Zone(FTZ)was established on September 29,2013,the negative-list approach,one of the pilot programs launched in the Shanghai FTZ,needs to be further improved.Just as Premier Li Keqiang said during a recent tour to Shanghai,China should comply with international standards and treat local and foreign firms equally in the FTZ,providing a fair and open environment for foreign investment.展开更多
The World Bank(International Bank for Reconstruction and Development)on August 31 issued landmark bonds denominated in the special drawing rights(SDR)in China’s interbank market. The bonds, worth 500 million SDR ($70...The World Bank(International Bank for Reconstruction and Development)on August 31 issued landmark bonds denominated in the special drawing rights(SDR)in China’s interbank market. The bonds, worth 500 million SDR ($700 million), have a展开更多
As trillions of yuan is needed for recently announced public-private partnership(PPP)projects,China,the world’s largest emerging economy,is gradually moving toward a new era of attracting foreign capital.(Note:On May...As trillions of yuan is needed for recently announced public-private partnership(PPP)projects,China,the world’s largest emerging economy,is gradually moving toward a new era of attracting foreign capital.(Note:On May25,the National Development and Reform Commission announced the details of 1,043proposed projects in which private investors are invited to participate through the PPP model.Focusing on infrastructure and public展开更多
G20 nations need to seek reform and strengthen policy coordination At present,the major task of the G20nations is to alleviate the downward pressure on the global economy and try to achieve stable growth.In the past s...G20 nations need to seek reform and strengthen policy coordination At present,the major task of the G20nations is to alleviate the downward pressure on the global economy and try to achieve stable growth.In the past seven years,展开更多
Several obstacles must be addressed when further pushing forward the restructuring Since the global fi nancial crisis broke out in 2008,one of the major challenges for the world economy is dealing with inadequate effe...Several obstacles must be addressed when further pushing forward the restructuring Since the global fi nancial crisis broke out in 2008,one of the major challenges for the world economy is dealing with inadequate effective demand.The Chinese economy is facing this issue as well,but the essence of the problem is that the quality of the supply does not satisfy the demand.展开更多
According to a Bloomberg report,Thailand has become the 21 st country in the world to make cuts to its benchmark interest rate this year.Thailand’s move marks the latest progression in a global currency war that has ...According to a Bloomberg report,Thailand has become the 21 st country in the world to make cuts to its benchmark interest rate this year.Thailand’s move marks the latest progression in a global currency war that has been escalating since 2014.With the exception of Brazil,which was forced to raise interest rates owing to inflation,24 central banks,including those in Turkey,Denmark,Switzerland,India,Egypt and Canada,have cut the benchmark inter-展开更多
The U.S.Federal Reserve raised the target overnight interest rate by 25 basis points to a range of 0.75 to 1 percent on March 15.The widely expected move marks the third rate rise in almost a decade and the first one ...The U.S.Federal Reserve raised the target overnight interest rate by 25 basis points to a range of 0.75 to 1 percent on March 15.The widely expected move marks the third rate rise in almost a decade and the first one since Donald Trump took office.The rate increase implies an optimis-展开更多
As Asia becomes increasingly integrated,underdeveloped infrastructure and a lack of connectivity have become a bottleneck that constrains the region’s growth.If Asia wants to realize sustainable development,it has to...As Asia becomes increasingly integrated,underdeveloped infrastructure and a lack of connectivity have become a bottleneck that constrains the region’s growth.If Asia wants to realize sustainable development,it has to solve this problem.Development of infrastructure is severely imbalanced between Asian countries。展开更多
The world’s major economies need to establish a permanent organ for macroeconomic policy coordination By Xu HongcaiChina should seize the moment at the Group of 20(G20)Summit in Hangzhou,capital of Zhejiang Province,...The world’s major economies need to establish a permanent organ for macroeconomic policy coordination By Xu HongcaiChina should seize the moment at the Group of 20(G20)Summit in Hangzhou,capital of Zhejiang Province,in September to inject vitality into the organization and stimulate global governance.The G20,as an important platform展开更多
文摘The annual Central Economic Conference,a weathervane for China’s macro economy,set the tone for China’s economic development in 2019.I believe that the following three macroscopic analyses merit attention.
文摘Since the global financial crisis broke out in 2008,one of the major challenges for the world economy is dealing with inadequate effective demand.The Chinese economy is facing this issue as well,but the essence of
文摘THE 2018 Government Work report delivered by Premier Li Keqiang on March 5 to the first session of the 13th National People’s Congress has many highlights.With a global vision and a mission to mobilize Chinese people for a better future,it sets the 2018 agenda for the Chinese government.This year marks the 40th anniversary of China’s reform and opening-up.over the past decades China
文摘CHINA should seize the moment at the G20 Summit in Hangzhou. capital of Zhejiang Province. in September to inject vitality into the organization and stimulate global governance. Currently, due to the changes in the world economy,
文摘Since the global financial crisis broke out in 2008,one of the major challenges for the world economy is dealing with inadequate effective demand.the chinese economy is facing this issue as well.THE Central Economic Work Conference held in December 2016 concluded that structural imbalance is the root cause of problems facing the
文摘Countries around the world now regard the digital economy as a key new driver of economic growth.Development of digital trade has become an important means to drive the growth of the digital economy as well as a new trend amid the evolution of international trade and related rules.Against this background,different countries and regions have established various versions of digital trade rules.
文摘This year’s government work report gives unprecedented priority to innovation.The global economic system is undergoing its most significant restructuring ever,and economic ties have moved from global production networks to global innovation networks.Innovation is becoming a strategic option to reshape the world economic landscape other than a policy
文摘At present, the world is undergoing unprecedented accelerated changes. The international landscape of science and technology, industry, population, energy, and finance is undergoing profound and complex changes. In the world economy, the share of emerging markets and developing countries is on the rise.
文摘Three years have elapsed since the synergetic development of the Beijing-Tianjin-Hebei(Jing-Jin-Ji)region was first put forward as a major national strategy by Chinese President Xi Jinping in February 2014.Xi called for the coordination and integration of the economic zone surrounding Beijing.Now,a fledging Capital Economic Circle is taking shape.
文摘As China celebrates the anniver- sary of the China （Shanghai） Free Trade Zone （FTZ） established in September 2013,ZhangMonan,an associate research fellow at the China Center for Interna- tional Economic Exchanges, believes that the negative-list approach, one of the FTZ＇s pilot programs, needs to be further improved, providing a fair and open environment for foreign investment. Excerpts of Zhang＇s views follow：
文摘One year since the China(Shanghai)Free Trade Zone(FTZ)was established on September 29,2013,the negative-list approach,one of the pilot programs launched in the Shanghai FTZ,needs to be further improved.Just as Premier Li Keqiang said during a recent tour to Shanghai,China should comply with international standards and treat local and foreign firms equally in the FTZ,providing a fair and open environment for foreign investment.
文摘The World Bank(International Bank for Reconstruction and Development)on August 31 issued landmark bonds denominated in the special drawing rights(SDR)in China’s interbank market. The bonds, worth 500 million SDR ($700 million), have a
文摘As trillions of yuan is needed for recently announced public-private partnership(PPP)projects,China,the world’s largest emerging economy,is gradually moving toward a new era of attracting foreign capital.(Note:On May25,the National Development and Reform Commission announced the details of 1,043proposed projects in which private investors are invited to participate through the PPP model.Focusing on infrastructure and public
文摘G20 nations need to seek reform and strengthen policy coordination At present,the major task of the G20nations is to alleviate the downward pressure on the global economy and try to achieve stable growth.In the past seven years,
文摘Several obstacles must be addressed when further pushing forward the restructuring Since the global fi nancial crisis broke out in 2008,one of the major challenges for the world economy is dealing with inadequate effective demand.The Chinese economy is facing this issue as well,but the essence of the problem is that the quality of the supply does not satisfy the demand.
文摘According to a Bloomberg report,Thailand has become the 21 st country in the world to make cuts to its benchmark interest rate this year.Thailand’s move marks the latest progression in a global currency war that has been escalating since 2014.With the exception of Brazil,which was forced to raise interest rates owing to inflation,24 central banks,including those in Turkey,Denmark,Switzerland,India,Egypt and Canada,have cut the benchmark inter-
文摘The U.S.Federal Reserve raised the target overnight interest rate by 25 basis points to a range of 0.75 to 1 percent on March 15.The widely expected move marks the third rate rise in almost a decade and the first one since Donald Trump took office.The rate increase implies an optimis-
文摘As Asia becomes increasingly integrated,underdeveloped infrastructure and a lack of connectivity have become a bottleneck that constrains the region’s growth.If Asia wants to realize sustainable development,it has to solve this problem.Development of infrastructure is severely imbalanced between Asian countries。
文摘The world’s major economies need to establish a permanent organ for macroeconomic policy coordination By Xu HongcaiChina should seize the moment at the Group of 20(G20)Summit in Hangzhou,capital of Zhejiang Province,in September to inject vitality into the organization and stimulate global governance.The G20,as an important platform
