YUAN Zhigang and SHAO Ting 1 Professor at the School of Economics, Fudan University, Shanghai, China 2 Research Associate at the Institute of Market Economy, Development Research Center of the State Council, Beijing, China Abstract: This paper uses the input-output tables from 2007 to ...
ZHU Min( 朱民 ) and BIAN Weihong ( 边卫红 ) 1 Group Executive Vice President, Bank of China 2 Postdoctor ate student, Institute of International Finance, Bank of ChinaAbstract: The subprime mortgage crunch that had simmered throughout 2007 erupted into ...
ZHU Ling1( 朱玲 ) and JIN Chengwu2( 金成武 ) 1Professor, Institute of Economics, Chinese Academy of Social Sciences 2Assistant professor, Institute of Economics, Chinese Academy of Social Sciences Abstract: This statistics-based study shows that in China the urban-rural income gap is ...
ZHANG Qizi1 ( 张其仔 ), GUO Chaoxian2 ( 郭朝先 ) and BAI Mei3 ( 白玫 ) 1Professor, Institute of Industrial Economics, Chinese Academy of Social Sciences (CASS) 2Associate Professor, Institute of Industrial Economics, CASS 3Associate Professor, Institute of Industrial Economics, ...
YIN Xingming ( 殷醒民 ) Professor with China Center for Economic Studies, Fudan University Abstract: Technological progress is the main driver of labor productivity in manufacturing industries. But it is capital accumulation that makes such progress possible. In the early 21st ...
WANG Guogang ( 王国刚 ) Financial Research Institute, Chinese Academy of Social Sciences Abstract: Excessive liquidity seriously affects Chinese economy. Thus, various policy proposals have been submitted by some scholars. The author holds that whatever form it may take, reducing trade ...
The State Administration of Foreign Exchange (SAFE) Taskforce Abstract: The use of renminbi for invoicing and settlement intermediaries in foreign-oriented activities is the first step and footstone of internationalization of the Chinese currency. With the appreciation of renminbi in recent ...
PEI Changhong (裴长洪) The Institute of Finance and Trade Economics, Chinese Academy of Social Sciences Abstract: In recent years, China’s service industries have absorbed an increasing amount of foreign direct investment (FDI); foreign investors have taken wholly foreign-owned enterprise (WFOE) as ...
Ronald Mckinnon and Gunther Schnabl 1Professor of International Economics at Stanford University; 2Professor of International Economics at Leipzig University. Abstract: China’s financial conundrum arises from two sources: (1) its large trade (saving) surplus results in a currency mismatch because it is an ...
JIN Bei ( 金碚 ) Director General, Institute of Industrial Economics, Chinese Academy of Social Sciences Abstract: The reason why materials on earth are divided into “resources” and “waste” is fundamentally dependent on the level of industrial technology and the scale ...
