ZHONG Funing1 (钟甫宁) Editorial note: The rise to prominence of the Chinese economy represents one of the major events in modern history, with China’s huge population and ever-growing productivity commanding worldwide attention in the process of industrialization. From doubts in previous years over ...
ZHANG Hanya1 (张汉亚) Editorial note: In the following article, Professor Zhang Hanya carries out a detailed analysis upon the characteristics and existing problems of Chinese enterprisesi investing abroad, and proposes solutions to these problems. The views presented in this article are illustrated with ...
YU Yongding1 (余永定) Editorial note: The persistence of twin surpluses in the international balance of payments means that China has failed to utilize domestic as well as foreign savings effectively. This essay analyzes the nature of the twin surpluses and the causes of ...
XIE Taifeng1 (谢太峰) Editorial note: The growth of China’s foreign exchange reserves has caused a stir around the world, with debate raging over whether the country is holding too much in the way of forex reserves. How should we regard this issue? The following ...
Research Group The Employers Department of the China Enterprise Confederation (CEC) Editorial note: The years following China’s adoption of the reform and opening up policy witnessed the marketization of labour recruitment as well as improvements to the laws and rules which regulate it. However, ...
LEI Hui1 (雷辉) and XU Changsheng2 (徐长生) Editorial note: China is a major FDI recipient, and her automobile industry has one of highest concentrations of investment from multinational corporations. As a pivotal industry in the Chinese economy, the automobile industry is notable in ...
GUAN Tao1 (管涛) and MA Yun2 (马昀) Editorial note: The recent influx of foreign capital into China’s real estate market has attracted widespread attention in China. To gain double profits from the appreciation of both real estate capital and the Chinese yuan (RMB), some ...
GAO Ying1 (高 颖) and LI Shantong2 (李善同) Editorial note: When travelling along motorways in China, you will occasionally see a billboard slogan saying “wealth comes from building roads”. This reflects the philosophy of pushing forward economic development in poor regions ...
CHEN Jiagui , HUANG Qunhui and ZHONG Hongwu Editorial note: Uninterrupted economic structural upgrading, which sets the stage for a steadily accelerating industrialization process, has been a major factor in China’s robust economic growth over the last 20 years or so. However, development ...
ZHANG Youwen Editorial note: Ever since reform and opening up policies were adopted in the late 1970s and early 1980s, the comparative advantage theory, factor endowment theory and “two-gap model” theory have been the basic guidelines for China’s reform and opening up. On ...
