- 金碚;
<正>In early 2009, we made the following prediction: "When people look back on our day of financial crisis, they won't see it as a tragic episode of frustrated development for China, but as an important historical period for China to rise against the torrent of crisis and realize the rejuvenation of China's
2010年02期 1页 [查看摘要][在线阅读][下载 278K] In the first three years of implementing the 11th Five-Year Plan, China had progressed toward fulfillment of most of the key targets on schedule. The economic growth rate far exceeded expectations, and the Chinese economy continued to gain fast growth momentum; China met expectations with regard to people's living standards and public services and delivered remarkable results in social development and improvement of people's livelihood; China met expectations with regard to most resource and environmental indicators and to some extent enhanced its sustainable development capabilities. However, the economic development mode needs urgent transformation, as economic structural contradictions remain acute; China faces increasing resource and environmental pressures and mounting difficulties to meet energy consumption reduction targets. On these bases, this report put forward policy suggestions for the policy arrangement of the 12th Five-Year Plan.
2010年02期 6-15页 [查看摘要][在线阅读][下载 270K] - 马晓河;
Since the founding of the People's Republic of China 60 years ago, the country has experienced profound institutional transformation, which includes various milestones such as "land to the tiller," the People's Commune, household contract responsibility system and a new approach to rural administration. Before reform and opening-up in 1978, China's rural reform was primarily a mandatory process, and after 1978, it became an induced process. In the future, rural institutional transformation still enjoys a broad prospect and must be deepened, and the focus is to advance the relocation of rural surplus labor, establish a land use system and improve rural public services. Institutional urbanrural divide must be eliminated to promote integrated socioeconomic development of urban and rural areas.
2010年02期 16-23页 [查看摘要][在线阅读][下载 956K] - 戴相龙;
The period between 1993 and 2002 was a crucial part of China's macroeconomic regulation and financial reform and opening-up. Throughout most of this phase, the author was involved in making major decisions on monetary policy, financial markets, regulation, reform and opening-up, and fulfilled his duties as a central bank leader. This paper is dedicated to the 60th anniversary of the founding of the People's Republic of China.
2010年02期 24-28页 [查看摘要][在线阅读][下载 445K] - 华民;
The current global financial crisis's severity is rarely seen once in a century. Due to a lack of liquidity-attracting new industries, the economic adjustment might be prolonged; and the multiplier effects of international finance and international trade call for joint rescue plans on a global basis. China's recent price adjustment has proven a failure and its domestic consumption-stimulating policy is ineffective. Investments and exports remain the growth engine for China's economy. So the country should make efforts to maintain export competitiveness with output adjustment, restoration of interest rate parity and reduction of the tax rate parity. Internationalization of the U.S. dollar-permeated renminbi is not a sensible choice, as the renminbi is not, in essence, an international currency, and it lacks a micro-foundation.
2010年02期 30-39页 [查看摘要][在线阅读][下载 1701K] - 李平;余根钱;
Following the order of events, this paper makes a systematic and comprehensive summary of how the global financial crisis of 2008 affected China. It includes an econometric assessment using by-industry and by-region data, and describes the role of government regulation from a new perspective. China's economic recovery is a result of regulatory intervention, and enhancing economic momentum created conditions for such intervention to phase out.
2010年02期 40-49页 [查看摘要][在线阅读][下载 258K] - 李中海;
Due to different historical traditions, resource endowments, market environments and economic foundations, China and Russia have now embarked on two different paths of development. But having transformed from planned economies into market-based ones, both countries share certain questions in their respective economic and social endeavors. Differences in their economic models are seen in the following aspects: different understanding on the theory and practice of economic reform; disparate initial conditions of economic reform; different paths of transition and institutional arrangements; different macroeconomic policies; and different resource endowments.Both countries share common challenges: a crude pattern of economic growth, unreasonable industrial structures, serious wealth gaps, regional development imbalances, and dependence on foreign trade. Development prospects of both countries depend on institutional adaptability and self-adjustment and repair and whether they can gain a vantage point of science and technology, transform growth patterns, contain unfavorable factors that stand in the way of coordinated economic and social development, integrate into the world economic system, and take the lead in formulating international economic rules.
2010年02期 50-55页 [查看摘要][在线阅读][下载 901K] - 杨子晖;
This paper is an outcome of comprehensive and systematic research on whether China exports deflation and inflation using the newly developed DAG technique. Our results indicate that in the international transmission of inflation, the United States, as the world's largest economy, plays a dominant role. In contrast, during both deflation and inflation periods, China has a minimal impact on the price levels of major trading partners. Thus China is not to be blamed for global deflation or inflation. This research has made use of DAG and some other techniques to yield reliable and reasonable conclusions.
2010年02期 56-65页 [查看摘要][在线阅读][下载 1398K] - 林跃勤;
The rise of great powers is a universal phenomenon in global economic development. However, at different times countries' rises are accompanied by different tendencies and characteristics. With the BRICs as representatives, the rise of emerging super powers has become a new trend in global economic development in recent decades. What is the difference between the rise of these super-economies and those in the past? In what ways can China's revival be inspired? These are both theoretically and pragmatically significant questions.
2010年02期 66-73页 [查看摘要][在线阅读][下载 925K] - 李春顶;尹翔硕;
This paper represents an attempt to test the relationship between the exports and productivity of Chinese firms using the data set of nearly 3 million industrial firms in 20 industrial sectors over the period 1998-2007. Our test finds that non-export firms were more productive than export firms, and exports were negatively related to productivity-namely that the lower the productivity of a firm, the higher its exports. This finding is in contradiction with the hypothesis of new-new trade theory. The contradiction is referred to as the "productivity paradox" in this paper. Further tests find that firm size is a key factor affecting firm exports, but the impact of exports on firm productivity is insignif icant. This paper reckons that the "productivity paradox" of Chinese export firms may be attributed to the disproportionate share of processing trade in export trade.
2010年02期 74-82页 [查看摘要][在线阅读][下载 265K] - 涂正革;肖耿;
Using input, output and pollution data of industrial enterprises in 30 Chinese provinces and municipalities from 1998 to 2005, this paper creates an environmental production frontier function model to assess China's industrial growth sources, particularly environmental control and changes in the industrial environmental structure's impact on industrial productivity. It found that (1) at its current stage, China's rapid industrial growth is accompanied by a slow increase in pollution; (2) environmental total factor productivity has become a primary driver of rapid growth with less pollution; (3) environmental control didn't cause any substantial restraint on China's industrial growth; (4) improvement in industrial environmental structure contributes an increasingly large share to economic growth with less pollution. China's industrial productivity is increasing, its growth model is being transformed, and the environment is exerting a diminishing constraint on economic growth.
2010年02期 84-95页 [查看摘要][在线阅读][下载 2728K] - 郭庆旺;贾俊雪;
Using a spatial econometric model, this paper investigates strategic interaction among provincial governments regarding expenditures, the mechanism behind expenditures interaction and their effects on economic growth in China. Our conclusion is as follows: Significant strategic interaction exists among provincial governments regarding expenditures mainly owing to fiscal competition mechanism in China, and expenditures interaction has changed significantly since tax sharing system reform, which has had positive effects on regional economic growth. This conclusion has significant implications for the optimization of public functions, size and structure of local governments in China.
2010年02期 96-105页 [查看摘要][在线阅读][下载 299K] - 王宏伟;
With its increasing contributions to economic growth and its important role in optimizing industrial structure and stabilizing overall prices, China's information technology (IT) industry has grown into a dominant industrial sector in promoting the country's economic development. Its high level of total factor productivity (TFP) growth rates makes China's technical advances rely more and more on IT innovation and application. Under the current global economic crisis, the industry will remain an important source for economic growth.
2010年02期 106-116页 [查看摘要][在线阅读][下载 1041K] - 金晓彤;王贺峰;
This paper represents an attempt to: 1) conduct a systematic analysis of the build-to-order model and concomitant process change FAW-Volkswagen Automobile Co., Ltd. adopted 1 ; 2) elaborate on how Chinese automakers should restructure and improve themselves along the value chain under the build-to-order model in order to acquire new competitive advantages; and 3) modify the value chain under the build-to-order model according to the findings of the case analysis based on a review of value chain and customization theories. This study shows that the build-to-order model is an important way for Chinese automakers to effectively handle the production and market relationship. Order management enables automakers to effectively understand and gauge market demand, reduce inventory costs, reasonably arrange production capacity planning and concentrate on advantageous resources to plan corporate production and operation. Under the build-to-order model, scientific market forecast and time management can be combined with a certain margin of safety in inventory to effectively cope with domestic automotive market fluctuations.
2010年02期 117-126页 [查看摘要][在线阅读][下载 683K] 下载本期数据