ZHANG Yansheng , ZHANG Anyuan ,QU Fengjie and ZHANG Zheren Editorial note: A differentiated corporate income tax upon foreign invested and domestic enterprises has produced some detrimental effects with regard to the opening up and development of the Chinese economy. ...
WEN Bin Editorial note: The People’s Bank of China announced that, as of July 21st, 2005, China’s exchange rate regime would change into a managed float based on market supply and demand and with reference to a basket of currencies. The ...
LI Yong Editorial note: Whether China’s current income tax rate for foreign funded enterprises is appropriate has been a hot issue of debate among academics. The author points out that China’s foreign tax rate is low compared with that of other countries and, ...
KONG Xinxin Editorial note: Chinese industrial development has brought about tremendous achievements in the 25 years since economic reform and opening up, and some industries have undergone a transformation from being driven by production to driven by innovation. During this process, industrial technological innovation ...
HUANG Yongming HE Wei NIE Ming Editorial note: China is the world’s largest producer and trader of textile products, but the enormous textile output and large export volume have brought little in the way of actual profit to China. In addition, China ...
GUAN Xiaojing1 and QIAN Jinchang2 Editorial note: Currently, the independent innovation of China’s enterprises is a common concern of all sectors in Chinese society. But how capable are these enterprises in their independent innovation? Can they become the mainstay of China’s independent innovation? ...
FAN Gang Editorial note: When China switched from central planning to a market economy, the constraints upon the nation’s economic growth seemed to shift overnight from supply to demand. Demand boils down to consumption, investment and net export. Many people believe that China ...
CHEN Xiangdong and ZHANG Chen Editorial note: The pharmaceutical industry is a typical R&D intensive industry with great prospects. The patented technology of pharmaceutical companies in various countries not only mirrors their respective areas of advantage and the intensity of industrial competition, but ...
Jonathan Anderson Editorial note: In this article, Mr. Anderson points out that despite the intensifying complaints from farmers in past decades with regard to their stagnating incomes, high taxes, the rising rural-urban earnings gap and other social problems caused by the large flow ...
XIA Bin1 (夏斌) and CHEN Dao-fu2 (陈道富) Editorial note: Throughout the world in recent years. However, is it true, as some scholars claim, that the Chinese currency has been undervalued by 25% or even 40%? Where is the pressure for RMB ...
