The Arbitration Law of the People’s Republic of China will go into effect on September 1, 1995, which has become the focus of world attention. This is an important law promulgated by China for handling economic dispu...The Arbitration Law of the People’s Republic of China will go into effect on September 1, 1995, which has become the focus of world attention. This is an important law promulgated by China for handling economic disputes. All the parties concerned are making intense preparations for the successful enforcement of the Law. As the first nongovernmental organisation engaged in arbitration affairs, the China Council展开更多
By the end of the century, the reform and development of China’s state-owned enterprises will create new prospects. The reform of state-owned foreign economic and trade enterprises should also see further breakthroug...By the end of the century, the reform and development of China’s state-owned enterprises will create new prospects. The reform of state-owned foreign economic and trade enterprises should also see further breakthroughs. At present, the following aspects are important: 1. Implement a Holdings System in the Reform of State-owned Foreign Economic and Trade Enterprises. The holdings system plays a major role in transferring the management mechanism of state-owned foreign economic and展开更多
Since he took office, the new US president, Donald Trump, has unveiled his broad economic policy--now called Trumponomics. It emphasizes neoliberalism at home, less government regulations, more growth and weakening th...Since he took office, the new US president, Donald Trump, has unveiled his broad economic policy--now called Trumponomics. It emphasizes neoliberalism at home, less government regulations, more growth and weakening the welfare state. Intemationally, Trumponomics embraces protectionism and nativism with a focus on US economic interests. Trumponomics caters to the lower-middle classes, a reflection of the country＇s current economic and diplomatic challenges. Trumponomics will bring uncertainty to China-US economic and trade relations. China should carefully study the policies of the Trump administration and prepare contingency plans.展开更多
Still in 11th Place in World Trade Statistics from the Secretariat of the World Trade Organization on the first fifteen countries (regions) in world trade in 1994 show that China still occupies 11th place. The USA sti...Still in 11th Place in World Trade Statistics from the Secretariat of the World Trade Organization on the first fifteen countries (regions) in world trade in 1994 show that China still occupies 11th place. The USA still took first place in world trade, registering US $ 1.194 trillion in 1994 and accounting for 11.4% of the world total, down 2.8 percentage points over last year. Other countries among展开更多
Economic Goals for the New YearThe economic reform in China will deepenand the opening-up be furthered next year,top Chinese leaders agreed at a centralconference on national economy.The Central Committee of the Commu...Economic Goals for the New YearThe economic reform in China will deepenand the opening-up be furthered next year,top Chinese leaders agreed at a centralconference on national economy.The Central Committee of the CommunistParty of China and the State Council havejust concluded their jointly held two-daycentral econmic working conference inBeijing. During the meeting Hu Jintao,General Secretary of the CPC CentralCommittee, delivered a speech on the majoreconomic tasks to be met in the coming yearand Premier Zhu Rongji unveiled an all-round plan on next year’s economic work.The conference emphasized adherence展开更多
China’s Economy Growing 7.8 PercentChina’s economy grew 7.8% to RMB4,553.6 billion (US$548.6 billion) in the first half year, reaching the national economic growth target of 7% according to the National Bureau of St...China’s Economy Growing 7.8 PercentChina’s economy grew 7.8% to RMB4,553.6 billion (US$548.6 billion) in the first half year, reaching the national economic growth target of 7% according to the National Bureau of Statistics. The Chinese government has continued to carry out a pro-active fiscal policy to expand domestic demand.展开更多
Biggest Foreign-funded Petrochemical Project In Hainan The Hainan Hebang International Petrochemical Company, Ltd., set up jointly by large financial groups in the USA, Britain, Switzerland and Hongkong, is building a
In order to find indications for future bilateral relations, it is worth reviewing the development of China-US economic and trade relations in recent history. Generally speaking, the nine years between 2007 and 2015 s...In order to find indications for future bilateral relations, it is worth reviewing the development of China-US economic and trade relations in recent history. Generally speaking, the nine years between 2007 and 2015 saw non-stop progress in China and US trade and economic ties. The China-US interdependent and complementary economic and trade connections ensure that bilateral relations are constantly developing and merging following their interdependent paths;the global challenges, such as the financial crisis and recent extreme weather events, have allowed China and the US to be in the same boat,weathering these different forms of turbulence. Decisions on important domestic policies and disputes can now be discussed earlier and effectively following on from the construction of multi-dimensional crisis management mechanisms. But undeniably there are unsettled and conflicting points in their relations, such as the fact that the US strategically excludes China from its free trade agenda, not willing to accept many everyday items manufactured by China. This is a major obstacle preventing their relationships deepening. History tells us, in future, if both sides could have a bigger vision, relations would better develop, for the new type of major power relations and the subsequent road would be less rocky and bring more benefits for the peoples of both countries.展开更多
The China Council for the Promotion of International Trade (CCPIT) held the Second Session of the Second Council of its National Congress in the latter half of July. Attending the session were officials in charge of f...The China Council for the Promotion of International Trade (CCPIT) held the Second Session of the Second Council of its National Congress in the latter half of July. Attending the session were officials in charge of foreign economic relations and trade from related Chinese ministries, provinces, municipalities and autonomous regions, chairmen of 46 local and 14 industrial sub-councils throughout展开更多
Shantou and Singapore Cooperates to set up a Steel Rolling Mill The Shantou Special Economic Zone Hongxin International Corporation and Singapore Donggang Private Co. Ltd. have jointly invested US$20 million to set up...Shantou and Singapore Cooperates to set up a Steel Rolling Mill The Shantou Special Economic Zone Hongxin International Corporation and Singapore Donggang Private Co. Ltd. have jointly invested US$20 million to set up a steel rolling mill in Longhu Area. The cooperative enterprise covers an area of 100 mu, and will import new technology from South Korea and展开更多
China’s Capital Market Tends to Be Flexible According to an authoritative department, China’s capital market develops in three trends in 1997. The first is that capital market speeds up its expansion pace so that mo...China’s Capital Market Tends to Be Flexible According to an authoritative department, China’s capital market develops in three trends in 1997. The first is that capital market speeds up its expansion pace so that more and more medium-to-large key enterprises will have their equity to be offered publically with their scale being evidently expanded. Laws and regulations governing fund market will be promulgated in the year and the fund scale will be further expanded. In 1997, and more national bonds will be issued.展开更多
Structure of Investment Expanded and Readjusted In 1995 the Chinese government continues to expand and readjust the structure of investment, and move in the direction of social funds. The investment is concentrated in...Structure of Investment Expanded and Readjusted In 1995 the Chinese government continues to expand and readjust the structure of investment, and move in the direction of social funds. The investment is concentrated in agriculture and water conservancy and irrigation, and to strengthen the key industries of energy,展开更多
News from the State Economic and Trade Commission; while opening its market, China will adopt international practice to protect its national industry, especially the new high-tech industry, and pillar industries key t...News from the State Economic and Trade Commission; while opening its market, China will adopt international practice to protect its national industry, especially the new high-tech industry, and pillar industries key to the national economy and people’s livelihood.展开更多
文摘The Arbitration Law of the People’s Republic of China will go into effect on September 1, 1995, which has become the focus of world attention. This is an important law promulgated by China for handling economic disputes. All the parties concerned are making intense preparations for the successful enforcement of the Law. As the first nongovernmental organisation engaged in arbitration affairs, the China Council
文摘By the end of the century, the reform and development of China’s state-owned enterprises will create new prospects. The reform of state-owned foreign economic and trade enterprises should also see further breakthroughs. At present, the following aspects are important: 1. Implement a Holdings System in the Reform of State-owned Foreign Economic and Trade Enterprises. The holdings system plays a major role in transferring the management mechanism of state-owned foreign economic and
文摘Since he took office, the new US president, Donald Trump, has unveiled his broad economic policy--now called Trumponomics. It emphasizes neoliberalism at home, less government regulations, more growth and weakening the welfare state. Intemationally, Trumponomics embraces protectionism and nativism with a focus on US economic interests. Trumponomics caters to the lower-middle classes, a reflection of the country＇s current economic and diplomatic challenges. Trumponomics will bring uncertainty to China-US economic and trade relations. China should carefully study the policies of the Trump administration and prepare contingency plans.
文摘Still in 11th Place in World Trade Statistics from the Secretariat of the World Trade Organization on the first fifteen countries (regions) in world trade in 1994 show that China still occupies 11th place. The USA still took first place in world trade, registering US $ 1.194 trillion in 1994 and accounting for 11.4% of the world total, down 2.8 percentage points over last year. Other countries among
文摘Economic Goals for the New YearThe economic reform in China will deepenand the opening-up be furthered next year,top Chinese leaders agreed at a centralconference on national economy.The Central Committee of the CommunistParty of China and the State Council havejust concluded their jointly held two-daycentral econmic working conference inBeijing. During the meeting Hu Jintao,General Secretary of the CPC CentralCommittee, delivered a speech on the majoreconomic tasks to be met in the coming yearand Premier Zhu Rongji unveiled an all-round plan on next year’s economic work.The conference emphasized adherence
文摘China’s Economy Growing 7.8 PercentChina’s economy grew 7.8% to RMB4,553.6 billion (US$548.6 billion) in the first half year, reaching the national economic growth target of 7% according to the National Bureau of Statistics. The Chinese government has continued to carry out a pro-active fiscal policy to expand domestic demand.
文摘Biggest Foreign-funded Petrochemical Project In Hainan The Hainan Hebang International Petrochemical Company, Ltd., set up jointly by large financial groups in the USA, Britain, Switzerland and Hongkong, is building a
文摘In order to find indications for future bilateral relations, it is worth reviewing the development of China-US economic and trade relations in recent history. Generally speaking, the nine years between 2007 and 2015 saw non-stop progress in China and US trade and economic ties. The China-US interdependent and complementary economic and trade connections ensure that bilateral relations are constantly developing and merging following their interdependent paths;the global challenges, such as the financial crisis and recent extreme weather events, have allowed China and the US to be in the same boat,weathering these different forms of turbulence. Decisions on important domestic policies and disputes can now be discussed earlier and effectively following on from the construction of multi-dimensional crisis management mechanisms. But undeniably there are unsettled and conflicting points in their relations, such as the fact that the US strategically excludes China from its free trade agenda, not willing to accept many everyday items manufactured by China. This is a major obstacle preventing their relationships deepening. History tells us, in future, if both sides could have a bigger vision, relations would better develop, for the new type of major power relations and the subsequent road would be less rocky and bring more benefits for the peoples of both countries.
文摘The China Council for the Promotion of International Trade (CCPIT) held the Second Session of the Second Council of its National Congress in the latter half of July. Attending the session were officials in charge of foreign economic relations and trade from related Chinese ministries, provinces, municipalities and autonomous regions, chairmen of 46 local and 14 industrial sub-councils throughout
文摘Shantou and Singapore Cooperates to set up a Steel Rolling Mill The Shantou Special Economic Zone Hongxin International Corporation and Singapore Donggang Private Co. Ltd. have jointly invested US$20 million to set up a steel rolling mill in Longhu Area. The cooperative enterprise covers an area of 100 mu, and will import new technology from South Korea and
文摘China’s Capital Market Tends to Be Flexible According to an authoritative department, China’s capital market develops in three trends in 1997. The first is that capital market speeds up its expansion pace so that more and more medium-to-large key enterprises will have their equity to be offered publically with their scale being evidently expanded. Laws and regulations governing fund market will be promulgated in the year and the fund scale will be further expanded. In 1997, and more national bonds will be issued.
文摘Structure of Investment Expanded and Readjusted In 1995 the Chinese government continues to expand and readjust the structure of investment, and move in the direction of social funds. The investment is concentrated in agriculture and water conservancy and irrigation, and to strengthen the key industries of energy,
文摘News from the State Economic and Trade Commission; while opening its market, China will adopt international practice to protect its national industry, especially the new high-tech industry, and pillar industries key to the national economy and people’s livelihood.
