Srl | Item |
1 |
ID:
082641
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2 |
ID:
082645
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Publication |
2008.
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Summary/Abstract |
Thirty years have passed since China first adopted the policy of reform and opening up to the outside. Reviewing and appraising the advantages and disadvantages of the government's energy restructuring policy in the intervening years is of great importance to the consideration of future reform and opening-up efforts in this industry. Energy production and supply have been a major part of the national economic restructuring. In this paper, the author proceeds from three angles to review and assess the reform and opening-up efforts in the energy industry, and suggests some direction and priorities for its restructuring in the future.
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3 |
ID:
082639
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4 |
ID:
082644
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Publication |
2008.
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Summary/Abstract |
Although achieving impressive economic growth during the economic reform period, China has been plagued by rampant corruption and a widening income gap. How can the coexistence these two phenomena be explained? In this paper, we argue that before 1994, the coexistence was induced by a series of expediential institutional arrangements to stimulate entrepreneurial activities and after 1994, it was entrenched because of the slow progress in the overall reform toward becoming a market economy and because of inappropriate government actions and the lack of government action in institutional building. To solve these problems, economic and political reforms need to be accelerated to improve market institutions and to establish the rule of law.
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5 |
ID:
082643
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6 |
ID:
082647
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Publication |
2008.
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Summary/Abstract |
China's dairy industry has experienced rapid expansion in recent years, with an average annual growth rate of 23.8 percent from 2000 to 2006. However, there exists a serious geographical distribution imbalance in milk production and consumption. Approximately 85 percent of China's milk is produced in northern China, where 40 percent of the country's population reside. In contrast, only about 15 percent of the milk is produced in China's south, where 60 percent of China's population reside. This has resulted in a significant gap between milk production and consumption in southern China and this gap is expected to rise. This paper considers China's milk demand and supply situation, analyzes the likely potential for China to expand its milk production and explores options for meeting milk demand-supply shortages. Policy and trade implications are discussed.
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7 |
ID:
082642
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Publication |
2008.
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Summary/Abstract |
The sovereign wealth club acquired a new member with the official launch of the China Investment Corporation (CIC) on 29 September 2007. The arrival of CIC has further heated up debate regarding sovereign wealth funds (SWFs) and their potential implications for global financial markets. This is because, in carrying out its investments, CIC can tap into China's huge official foreign exchange reserves, which by April 2008 had surged to US$1.76tn. CIC's initial working capital of US$200bn makes it the fifth largest SWF in the world today. This article seeks to analyze CIC's investment strategies, as well as their potential economic and political implications for global as well as US financial markets
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