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ID: 077187

Financial deepening-productivity nexus in China: 1987-2001 / Jun, Zhang; Wan, Guanghua; Jin, Yu

Jun, Zhang	Journal Article
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Publication

2007.

Summary/Abstract

The financial intermediation-growth nexus is a widely studied topic in the literature of development economics. Deepening financial intermediation may promote economic growth by mobilizing more investments, and lifting returns to financial resources, which raises productivity. Relying on provincial panel data from China, this paper attempts to examine if regional productivity growth is accounted for by the deepening process of financial development. Towards this end, an appropriate measurement of financial depth is constructed and then included as a determinant of productivity growth. It finds that a significant and positive nexus exists between financial deepening and productivity growth. Given the divergent pattern of financial deepening between coastal and inland provinces, this finding also helps explain the rising regional disparity in China

Key Words

Productivity ; Financial Development ; Chinese Economy

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ID: 169571

High-quality Belt and Road Cooperation at a New Starting Point / Jun, Zhang

Jun, Zhang	Journal Article
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Summary/Abstract

At the Second Belt and Road Forum for International Cooperation (BRF) held in Beijing last April, President Xi Jinping delivered a keynote speech, chaired the Leaders’ Roundtable and made proposals such as promoting high-quality Belt and Road cooperation and building a global partnership on connectivity. He also worked with other participating leaders to reach extensive consensus on improving cooperation principles and mechanisms and advancing practical cooperation. The Forum marks a new start of the Belt and Road cooperation along the path of high-quality development.

Key Words

Belt and Road Cooperatio ; BRF

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ID: 103003

Strengthen coordination within Asia and effectively utilize the / Jun, Zhang

Jun, Zhang	Journal Article
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Publication

2008.

Key Words

Economy ; China ; China - EU Relations ; Asia - Europe Meeting (ASEM)

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