- 金碚;
<正>Resource-intensive industries are among the hardest hit in China in the current global economic crisis, which has already seriously dented the country's exports. Sectors of energy and raw materials such as coal,electric power,iron and steel and metallurgy are suffering slower growth rates,low prices and rampant losses.Growth rates have become negative in resource-intensive provinces like Shanxi.It suddenly occurred to us that the industry's
2009年03期 1页 [查看摘要][在线阅读][下载 47K] - 黄泰岩;
<正>Thirty years of reform and opening-up has steered China toward an economic miracle.However,rapid growth has also brought about resource and environmental challenges that stand in the way of renewing the brilliant success in coming decades.Given the rapid process of industrialization and modernization,it is unrealistic to slash domestic energy use and emissions as an ultimate solution.On the contrary,we need to adopt an outward-locking approach to make use of international resources on the basis of mutual benefit.Specifically,it includes international trade, regional cooperation and the"going-out"of Chinese firms.Amid the financial turmoil,Chinese businesses are facing an unprecedented opportunity to go beyond the national border for international resources.Taking advantage of this opportunity will facilitate access to resources for China's development in coming decades.
2009年03期 5-16页 [查看摘要][在线阅读][下载 791K] - 张车伟;
<正>This paper examines inequalities in China's job market.The first section answers the question of whether rapid economic growth in China has created adequate employment,concluding that it has,based on an analysis of aggregate growth and employment data.Section Two presents the general trends in labor supply and demand in China,and concludes that the unlimited labor supply seems to be diminishing,but this does not mark the coming of a labor shortage;in fact,China seems to have a sufficient supply of labor for the next 20 years.Section Three discusse: major problems facing the labor market,which include the structural problems of employment,informal employment,and distorted primary income distribution.Section Four argues that a well-functioning labor market must be able to combine flexibility with security in the pursuit of balance between economic growth and employment.
2009年03期 17-28页 [查看摘要][在线阅读][下载 1820K] - 黄速建;金书娟;
<正>Reform of China's state-owned asset management system is an important component of China's economic system reform,but also a key factor in rejuvenating the national economy.In this article,the authors analyzed the background of the reform,summarized the reform process and discussed related question on how to deepen the reform.
2009年03期 29-41页 [查看摘要][在线阅读][下载 1208K] - 张友国;
<正>This paper attempts to construct comparable price input-output tables for 1987-2006 and estimates the impacts of trade on China's energy consumption and SO_2 emissions based on these tables.The estimation results show that energy and sulfur embodied in exports surged during the 1987-2006 period and the impact of exports on China's energy consumption and pollutant emissions reached a critical level.As energy and sulfur embodied in exports grew faster than pollution embodied in imports,the absolute gap between the two measurements continued to grow rapidly. Meanwhile,the terms of trade in energy and S02 severely deteriorated.
2009年03期 42-51页 [查看摘要][在线阅读][下载 2188K] - 李钢;姚磊磊;马岩;
<正>This paper estimates China's industrial costs under the virtual cost accounting approach.The estimation results show that Chinese industries have disbursed an increasing amount of environmental costs since 1992 while expanding environmental investment;China's industrial cleanness has been on the rise since 1998;the virtual industrial environmental costs have been in decline since 1998.In 2007,the total industrial environmental costs accounted for merely 0.73%of gross industrial output value and only 2.52%of industrial value added;the virtual environmental costs accounted for merely 0.23%of gross industrial output value and only 0.81%of industrial value added.These figures indicate that the effects of environmental costs on the international competitiveness of Chinese industries are very limited even if China complies with the highest environmental standards.
2009年03期 52-60页 [查看摘要][在线阅读][下载 1704K] - 刘世锦;
<正>Two controversies have emerged in the development of China's automobile industry.The first is the role of government approval in economy of scale,industrial concentration and redundant construction.Second is the role of foreign-funded companies in the growth of China's automobile industry.Correct understanding of these matters offers a unique"intellectual asset"for approaching the institutional and policy matters of China's automobile industry and other sectors.It also serves as guidance in the selection of growth patterns.
2009年03期 61-66页 [查看摘要][在线阅读][下载 422K] - 闫坤;鄢晓发;
<正>Savings rates are the biggest difference in the economic structures of China and the United States,the two most important countries in today's global economy.China has the highest savings rate of any major country,while the United States,at the other end of the spectrum, has the lowest.This paper discusses the origin of this contrast and its far-reaching implications for two-way economic and trade ties.
2009年03期 67-77页 [查看摘要][在线阅读][下载 1301K] - 陈东琪;张岸元;王元;
<正>For three decades China has followed an incremental approach in renminbi exchange rate reform.During this period,the exchange rate system has gone through five stages of evolution:i) a"basket peg"exchange rate regime;ii) a dual-track system;Hi) exchange rate convergence;iv) a"unitary pegged"exchange rate regime;and v) a managed floating exchange rate regime based on market supply and demand with reference to a basket of currencies. Reforming the exchange rate formation mechanism is a complex engineering project influenced by numerous factors such as the economic development mode,industrial structure,basic economic system,market system condition,financial and macroeconomic policy system as well as the new advantages arising from opening-up initiatives.Since 2005,China has achieved substantial success in reforming the exchange rate formation mechanism but still faces a plethora of issues.To address these issues,China should strengthen the role of the market in the exchange rate formation process and gradually push for the free convertibility of the renminbi under the capital account.Amidst the raging global financial crisis,China should further adapt to the diversification of the international monetary system and aggressively proceed with renminbi regionalization and internationalization.
2009年03期 78-91页 [查看摘要][在线阅读][下载 1469K] - 任强;郑晓瑛;
<正>This paper systematically analyzes the uncertainties of major demographic indicators from China's 2000 census,such as fertility,gender ratio at birth,and age structure,and through a probability demographic forecast gives an assessment of the situation facing the country.Research outcomes suggest that great differences exist in the estimate of China's fertility,gender ratio at birth and low-age child population.These differences directly affect China's current and future demographic uncertainties,and have implications for policy and future research.The demographic uncertainties caused by current conditions are of great value to decision-makers and the public alike.
2009年03期 92-103页 [查看摘要][在线阅读][下载 2476K] - 汪三贵;
<正>China has achieved remarkable accomplishments in poverty reduction in the 30 years since it launched its reform and opening-up policy.During this period,more than 500 million people who once lived on less than US$1 a day have risen out of poverty,including 240 million people out of extreme poverty.China's massive poverty reduction campaign has contributed enormously to realizing the global poverty reduction objectives and the UN Millennium Development Goals.Massive poverty reduction is primarily driven by economic growth,especially by sustained agricultural and rural economic growth.The single largest challenge facing China's future poverty reduction is the decreasing effect of economic growth on poverty reduction due to widening inequality.In addition,targeting inaccuracy of government poverty reduction investments has reduced its effectiveness.China needs to adjust its economic growth pattern and realize economic growth in a way more favorable to the poor.Meanwhile, China needs to change the method of implementing its poverty reduction project so as to benefit more poor people.
2009年03期 104-118页 [查看摘要][在线阅读][下载 2238K] - 杨先明;袁帆;刘岩;
<正>It is difficult to attract FDI into western China.This situation might not be explained by traditional geographical factors,because the gap of inward FDI between the western and the eastern regions of China has increased.This paper attempts to explain the situation from an industrial perspective by exploring the industrial differences in the two regions and analyzing their effects in terms of industrial development level,industrial structure and industrial linking capability.The results reveal that industrial factors are important barriers to the inflow of FDI to western China.
2009年03期 119-131页 [查看摘要][在线阅读][下载 2764K] - 张文魁;
<正>In recent years,M&A and restructuring have gained traction in China's capital markets.In the midst of intensifying capitalization, M&A and restructuring have been closely intertwined with capital markets.This paper attempts to identify and analyze M&A patterns, issues and policy implications based on a thorough examination of M&A and restructuring practices in China's capital markets.
2009年03期 132-144页 [查看摘要][在线阅读][下载 1869K] 下载本期数据