LI Jian ( 李健 ) Professor, Central University of Finance and Economics Editorial note: In the Chinese financial system, the regulatory role of monetary supply far surpasses that of interest rate regulation. However, the fast growth of China’s monetary supply has not yet brought ...

HUANG Rujin ( 黄如金 ) Doctor, Institute of Industrial Economics, CASS Abstract: As one of society’s most basic activities,management is a necessity for sustainable socio economic development. The study of modern management is a practical science, and as such places more emphasis on the practical ...

HE Weiwen( 何伟文 ) Director of International Business Exchange Centre at China International Business, Executive Director of China Institute forWTO Studies, Director of China-U.S. Economic Institute, Former Commercial Counsellor of Chinese Consulate General inSan Francisco and New York Editorial note: The China-U.S. ...

HE Dexu( 何德旭 ) Deputy Director and Research Fellow of the Institute of Finance and Trade Economics, CASS Professor of CASS Postgraduate School Editorial note: Experience tells us that warding off financial risks and maintaining stability are not only essential to the health ...

ZHANG Yan1 ( 张晏 ), WANG Yongqin1 ( 王永钦 ), ZHANG Yuan1 ( 章元 ), CHEN Zhao1 ( 陈钊 ) andLU Ming1 ( 陆铭 )   Editorial note: Many scholars attribute China’s rapid economic growth to the ample local government incentives to develop the local ...

ZHANG Guoyou1( 张国有 ) Editorial note: The rise of the Chinese economy over the past thirty years is nothing short of a miracle. However, people are now getting more interested in questions about whether China’s rapid growth can be sustainable and what factors ...

YANG Yiyong1( 杨宜勇 ) Editorial note : Employment, as a socio-economic issue of utmost concern, has always been at the top of the Chinese government agenda. China is the largest and most populous developing country in the world, as such the severity of the employment ...

WANG Tongsan1 ( 汪同三 ) and CAI Yuezhou2（ 蔡跃洲 ) Editorial note: China’s economic growth has been primarily driven by the impetus of investment and net export during recent years. Consumption demand has also grown rapidly but is still insufficient compared with the scale ...

WANG Hao1 ( 汪昊 )   Editorial note: Excess tax burden causes a decrease in consumer surplus and producer surplus thereby damaging the social benefits associated with taxation. China’s many types of tax have undermined the equilibrium of market resource allocation, leading to lower economic efficiency ...

Taskforce1   Editorial note: Income gap has been considered one of the most potent threats to China’s society and economy in the future. This paper finds that China’s residential income gap has exceeded the reasonable bound but still falls within the tolerable range. Following an analysis ...