澳门和记平台官网

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        澳门和记平台官网Top Leaders Attend Reception to Mark 69th Anniversary of PRC Founding ItcanbeseenfromCh,,theannualgrowthratejumpedover14percent,,theCentralGovernmenttookstrictmeasuresofmacro-regulationincludingadoptionofadministrativemeasuressu,theslowdownofgrowthduringthisperiodoftimewasanormalresponsetothemeasu,however,,theCentralGovernmenthasshiftedtoanexpansivefinancialandmonet,,andlargeamountsofproductioncapacitiesremainidle,,surplusofproductioncapacitieswhenithasjustreachedafairlyprimarystageofdevelopmentToanswerthisquestion,itisnecessaandfornon-governmentalinvestment--twomajorfactorsrestrictinggrowthofdomesticdemandDemandcanbedivided,firstofall,,theAsianfinancialcrisisin1997anditsseriousinfluenceuponChina’sexportshaveconsti,forinstance,China’,domesticdemandwillalwaysplayadecisiveroleintheeconomicgrowth,fromalongpointofview,theinfluenceofexportgrowthontheeconomicgrowthasawholewillbecomparativelysmaller(asshowninChart2).Domesticdemand,theretailofconsumergoodsinChina’,,,theslowdowninconsumptiondemandgrowthhasitsrootmainlyintheruralareas,asindicatedinTable1.LiShantong,,,generallyknownasthetertiarytrade,encompassesawidespectrumofactivitiesrangin,,spurredbytherapidgrowthoftheinformationtechnology(IT),anewindustrialrevolutionwassweepingacrossthedevelopedeconomies,bringingprofoundtransformationstotheservicetrade:(1)TheInternetande-commercehaveinvigoratedthistraditionalservicesector,makingitpossibletoofferitsproductsacrosstheworld;(2)Theflourishingknowledge-intensiveservicesectorembodiesthevalueofitsproductsinprovidingitsservicesandintellectualpropertyrights,includingcomputersoftware,informationprocessing,RD,testing,marketsurvey,humanresourcedevelopmentandcommercialorganization(managementconsultancyandemployeerecruitment).Intheyearsoftheplannedeconomy,policydiscriminationa,,fgrowthasfinance,insurance,accountingandlegalservicearebyfarnotsufficientinChinatomeettheneedsofeconomicdevelopment,,weshouldconsidertheexpansionofservicetradeasalong-term,yetpressingstrategictask.(1)rPlanperiod(2001-2005).Fromthepointofviewofvariousindustrialsectors,progressreliesonthedevelopmentoftheprimary,,rapi,%,,thusresultinginitsproportioninthenationaleconomyataround50%.Whenabuyer’smarkethastakenshape,gsectororanewgrowtharea,w,thebackwardservicetradehasretardedourcapi,financialinterme,especiallyincreditandsecurities,,,,nvestments,,t,humancapitalha,yetshortperiodofschoolingandweaklifelongeducation,thelaggingofservicetradehasrestrictedtheimprovementofinnovativecapabilities,nnovationandimperfecthnologysharedbymajorplayersincompetition,mostlyenterprisesintheprocessofinnovation,suchasbasictechnologicalknowledge,informationhighway,basicmanufacturingskillsandserviceslikeeconomic/,technologyinfrastructureisclosertothepracticalneedsofenterprises,"publicproduct"andco,rankingatthebottomofthe46countriesandregionsinthesurveyofinternationalcompetitivenessconducted,smarkethastakenshapeinChina,successfuldaheavydragonmarketexpansion.(2)Servicetradedevelop-omy,readjustmen,hwithdrawalofthestateeconomyandastrengthenedcontrolbystatesectoroverthenationaleconomyatthesametime....Ifyouneedthefullcontext,pleaseleaveamessageonthewebsite.ChengXiusheng,LuHuapu,,roadcapacityinChinesecitieshadbeenlow,theper-capitaroadar,roadconstructionbegantospeedup,,maintaininganannualgrowthofabout10%.Althoughthegrowthspeedwasfast,itstilllaggedfarbehindthe20%,vehiclesinChinesecitiesgrewatanannualrateofmorethan15%,andtheannualgrowthrateofprivateautomobileswasashighas28%.fhighefficiency,energysavingandlowemissionaretobedeveloped,,improvethecitystructureandregion,thefastgrowthofautomobileswouldgiverisetosuchproblemsasenvironmentalpollution,slowerdrivingspeed,increaseinthenumberoftrafficaccidents,thelowerlevelofpublictransportservice(lowerdrivingspeedandlowpunctuality),anddi,thepublicbustransport(includingtrolleybus)inbigcitieshasbeenshrinkingintermsofoperationefficiency,operationmanagement,,,,/1,,however,droppedfrom12-14kilometers/hourto5-10kilometers/hour,thenewlyin,ofallmeansoftransportforurbanresidents,theuseofpublicbusdroppedfrom30%toabout10%rivatecars,this,inreturn,resultedawiderareaoftrafficcongestioninciti’urbanizationandthewideruseofvehicles,urbantransportsystemwilloccupymoreland,consumelargeamountofe,China’scurrentresources(includinglandresources)reserveandenergystructure,environmentalcapacityandtheenvironmentalbearingcapaci,DirectoroftheTransportation,WaterSupplyandUrbanDevelopmentBureauoftheWorldBank,stressedthreemutuallysupplementaryprincipleswhenassessingthesustainabledevelopmentofurbantransport:sustainabilityofeconomyandfinance,,citiesindevelopedcountriesachievethesustainabledevelopmentofurbantransportfromthefollowingtwoaspects:comprehensiveplanningoftransportati’snationalconditionsthatChinesecitiesmustmakegreateffortstodeveloppublictranspordevelopmentofacitycouldbeachievedandwhetherwideruseofautomobilesa,landisinshortsupply,populationdensityishigh,therefore,ntprincipleofgivingprioritytopublictransportforurbanpassengertransportation,andthispolicywasclearlystipulatedinseveralStateCouncildocuments,itiesandintheprocessofurbantransportplanning,con,includingpriorityincapital,planningandconstruction,orintermsofthelong-termdevelopmentstrategyoftheurbantransportation,priorityisgiventoconstructingthefasttracktransportsystem,ictransportsystemintermsoftimeandspace,toincreaseitsspeed,shortentimespentonroadandimprovethetranspor,,inHongKong,carsarenotallowedtomakerightturnsduringrushhoursandonlypublicbuseshavetheprivilegeofmakingrightturns(inHongKong,peopledriveonbenefit).Intermsofspacepriority,specialla,Japan,specialpublicbuslanesaresetalongtheroa,thecityisplanningtoconstructelevatedpublictransportroadsinthecityareasothatthespeedofgroundpublicbusescouldbeincreasedto20km/hfrom10km/emisbasedonthepublictransportsysteminCuritiba,,ithasthefeaturesoflarge-capacitytracktransportsystem,specialroadrights,,italsohastheflexiblecharacteristicsoftheconventionalpublictranspsystem,itisanewandhighlyefficientmodeofpublictransportsolutionwithlowcost,shortconstructionperiod,"groundsubway"nBrazilCuritiba,locatedinsouthernBrazil,(300carsper1,000residents).Thetransportforsu,,thecityhopedtodevelopamodern,,,thelandreservedfovelopedatplacesnearthepublictransportsystem,,designersandplannerspaidspecialattentiontothepublicbusstops(crystaltube-shapedplasticbusstops),whichwereconstructedatthesameheightofthebottomofpublicbus(800mmtotheground).,passengerscouldbuyticketsfirstattheplatforms,andthencou,inordertoreducethestoptime,theleaningpassagefrompublicbuscouldbeextendedtotheplatformwhenthebusstops,sothatp,CuritibafinallydevelopeditsuniqueMetrobussystem....Ifyouneedthefullcontext,LiuShijin,FengFei,ShiYaodong,YangJianlongandQianPingfanResearchReportNo083,,China’smanufacturingindustry’’smanufacturingindustryhasvisiblecomparativeadvantages(whichvaryfromsectortosector),,theyaremanifestedinthestrengthofthelarge-scaleprocessingandassemblysectorsthataremovingtowardin-depthprocessingandinthescaleandpotentia,thesecomparativeadvantageshavebecomeChina’,withinthemanufacturingindustry,differentsectorsdifferconsiderablyfromeachotherinindustrialmaturity,,candeterminethelong-termtrendandthebasicpatternofinternationaldivisionoflabor,tionfactorssuchaseconomicsystem,,thefactorsthataffectChina’sindustrialcompetitiveness,especiallyitsdynamiccomparativeadvantagesandcompetitiveadvantages,,thefactorssuchasthetrendofindustrialinternationalizationandglobalization,thedegreeofmarketization,thedegreeofmarketopening,thedegreeofindustrialmaturity,thepotentialofdomesticdemandandthedynamiccomparativeadvantagewillhaveamoredirectandvisibleimpactomprehensivelyevaluatethenear-term,medium-termandlong-termim:(1)anindustrialdevelopmentprospectassessmentmethodagainstthebackgroundofWTOaccessionthatcanbeuniversallyappliedtodifferentindustrialsectorssoastocarryouthorizontalcomparisonofallindustrialsectorsunderthesamecoordinatesystem;(2)acombinationofthestudyofshort-termpolicyoptionswiththestudyoflong-termtrendssoastobroadenthehorizonsofourstudyandtoaccuratelychartalong-termdevelopmentorientationofvarioussectorsofthemanufacturingindustryafterWTOaccession;(3)adefinitionoftheorientationandbasicprinciplesofgovernmentpolicyadjustmentinthefuturethroughtheassessmentofChina’sManufacturingIndustryafterWTOAccessionOurbasicideaaboutthemethodofassessingtheindustrialdevelopmentprospectafterWTOaccessionistomake,throughacomprehensiveassessmentofthefollowingsixindicators,anoveralljudgmentontheshort-term,medium-termandlong-termimpact(bothpositiveandnegative)ofWTOaccessiononvarioussect:(orinternationalization).Thecharacteristicsofglobalization(orinternationalization)aremeanttodeterminewhetheraspecificindustry’sresearchanddevelopment,manufacturing,procurement,salesservices,investment,trade,financingandot,wecancometosuchajudgmentthatthemoredistinctiveanindustry’scharacteristicsofglobalizationorinternationalizationare,themorelikelysuchanindustryissubjecttotheimpactofWTOaccessionandthedegreeofsuchanimpactisdeterminedbythedegreeofdomesticindustries’sofglobalization,thescopeandmethodofresourceallocationofitsi,suchadoationorhavemorecharacteristicsoflocalization,theyarelikelytobelessseverelyaffectedbyWTOacce,wecansayforcertainthatfromaglobalperspective,thechemicalindustryobviouslyhavemorecharacteristicsofglobalizati,WTOaccessionislikelytohaveamoresevereimpactonChina’schemicalin,includingtariffconcession,theremovalofnon-tariffmeasures,marketaccess,investmentliberalizationandfacilitation,theprotectionofintellectu,weneedtospecificallypinpointwhetherthesecharacteristicsaremanifestedintheareaofinvestment,orintheareaofproductandservicetrade,dmechanismofresourceallocationofaspecificindustryaredeterminedbymark:(1)marketaccess,whethertheprocessofproductionfactorsenteringintoorexitingfromacertainindustryisfreeandsmoothandwhetherthereexistadministrativerestrictionsontheentryandexitotherthanthecapitalandtechnologicalthresholds;(2)pricecontrol,whetherthepricesofproductsandproductionfactorsaresetbymarketorbygovernment;(3)ownershipstructure,whetheraspecificindustryisdominatedbystateownershiporissharedbydiverseformsofownership;(4)marketintegration,whetherthema,wecaneasilymakeabasicjudgmentthatanindustrywithahigherdegreeofmarketizationwillbelessseverelyaffectedbyWTOaccession....Ifyouneedthefullcontext,pleaseleaveamessageonthewebsite.--------------------------------------------------------------------------------s(whichmeansland,naturalresources,laborforce,capitalandotherfactorsofproductionbasicallyunchanged),acountrycanreapmaximumbenefitifitproducesandexportstheproductsthatareproducedwiththemostintensivefactorsofitsownandimpo,dynamicadvantageemphasizesthatinadynamicsequenceoftime,thechangesinthetotalquantity,qualityandstructureofacountry’sfactorscaninducechangesinthecountry’ssupplystructure,,modeanddegreeofthechangesinthetotalquantity,qualityandstructureoffactors,thetheoriesofdynamiccomparativeadvantagesandstrategictradehavebecomeoneofthebasicreasonsforgovernmentstointerveneinthedevelopmentofacountry’sownindustries. 


        ChengXiusheng,LuHuapu,,roadcapacityinChinesecitieshadbeenlow,theper-capitaroadar,roadconstructionbegantospeedup,,maintaininganannualgrowthofabout10%.Althoughthegrowthspeedwasfast,itstilllaggedfarbehindthe20%,vehiclesinChinesecitiesgrewatanannualrateofmorethan15%,andtheannualgrowthrateofprivateautomobileswasashighas28%.fhighefficiency,energysavingandlowemissionaretobedeveloped,,improvethecitystructureandregion,thefastgrowthofautomobileswouldgiverisetosuchproblemsasenvironmentalpollution,slowerdrivingspeed,increaseinthenumberoftrafficaccidents,thelowerlevelofpublictransportservice(lowerdrivingspeedandlowpunctuality),anddi,thepublicbustransport(includingtrolleybus)inbigcitieshasbeenshrinkingintermsofoperationefficiency,operationmanagement,,,,/1,,however,droppedfrom12-14kilometers/hourto5-10kilometers/hour,thenewlyin,ofallmeansoftransportforurbanresidents,theuseofpublicbusdroppedfrom30%toabout10%rivatecars,this,inreturn,resultedawiderareaoftrafficcongestioninciti’urbanizationandthewideruseofvehicles,urbantransportsystemwilloccupymoreland,consumelargeamountofe,China’scurrentresources(includinglandresources)reserveandenergystructure,environmentalcapacityandtheenvironmentalbearingcapaci,DirectoroftheTransportation,WaterSupplyandUrbanDevelopmentBureauoftheWorldBank,stressedthreemutuallysupplementaryprincipleswhenassessingthesustainabledevelopmentofurbantransport:sustainabilityofeconomyandfinance,,citiesindevelopedcountriesachievethesustainabledevelopmentofurbantransportfromthefollowingtwoaspects:comprehensiveplanningoftransportati’snationalconditionsthatChinesecitiesmustmakegreateffortstodeveloppublictranspordevelopmentofacitycouldbeachievedandwhetherwideruseofautomobilesa,landisinshortsupply,populationdensityishigh,therefore,ntprincipleofgivingprioritytopublictransportforurbanpassengertransportation,andthispolicywasclearlystipulatedinseveralStateCouncildocuments,itiesandintheprocessofurbantransportplanning,con,includingpriorityincapital,planningandconstruction,orintermsofthelong-termdevelopmentstrategyoftheurbantransportation,priorityisgiventoconstructingthefasttracktransportsystem,ictransportsystemintermsoftimeandspace,toincreaseitsspeed,shortentimespentonroadandimprovethetranspor,,inHongKong,carsarenotallowedtomakerightturnsduringrushhoursandonlypublicbuseshavetheprivilegeofmakingrightturns(inHongKong,peopledriveonbenefit).Intermsofspacepriority,specialla,Japan,specialpublicbuslanesaresetalongtheroa,thecityisplanningtoconstructelevatedpublictransportroadsinthecityareasothatthespeedofgroundpublicbusescouldbeincreasedto20km/hfrom10km/emisbasedonthepublictransportsysteminCuritiba,,ithasthefeaturesoflarge-capacitytracktransportsystem,specialroadrights,,italsohastheflexiblecharacteristicsoftheconventionalpublictranspsystem,itisanewandhighlyefficientmodeofpublictransportsolutionwithlowcost,shortconstructionperiod,"groundsubway"nBrazilCuritiba,locatedinsouthernBrazil,(300carsper1,000residents).Thetransportforsu,,thecityhopedtodevelopamodern,,,thelandreservedfovelopedatplacesnearthepublictransportsystem,,designersandplannerspaidspecialattentiontothepublicbusstops(crystaltube-shapedplasticbusstops),whichwereconstructedatthesameheightofthebottomofpublicbus(800mmtotheground).,passengerscouldbuyticketsfirstattheplatforms,andthencou,inordertoreducethestoptime,theleaningpassagefrompublicbuscouldbeextendedtotheplatformwhenthebusstops,sothatp,CuritibafinallydevelopeditsuniqueMetrobussystem....Ifyouneedthefullcontext,乐天VIP登录China Festival held in Japan for closer bilateral ties english.scio.gov.cn ,2002GeneralstabilitywithslightgrowthwastheoverallfeatureofChina’,sant’sburden,reducethebarrierstotheflowofsurplusrurallaborforce,improvethetradeconditionsforfarmproducts,promotetheconstructionofsmallc,thepricesofgrainandcottonweresomewhathigher,morepeasantswentouttodonon-farmworkand,aboveall,thegrowthofpeasantinco,whilesomeofthedeep-seatedcontradictionsaccumulatedinthepastwerenotsolvedyet,,theconditionsforpeasant’,peasant’,overtheyears,continuedtostimulatedomesti,,,thelocalfinancebecamemoredifficult,,maintainingtheeconomicandsocialstabilityatthegrass-ro(I)Agriculturalproductionremainedsteady,structuraladjustmentcontinued,andsomemainproductssawoutputincreasewhileotherswitnessedtheoppositeComparedwiththepreviousyear,,,,,,,,,,,easfollows:,summercrops,earlyriceandautumncropsallsawtheiroutputfellbelowthepreviousyear’,,,,,’,,,’,cultivatedareaandunitoutputofcottonrisedrastically,,,,000hectaresmorefromthepreviousyear’,000tons,,104kilogramsperhectare,ear,,drough,,plasticfilmswereusedtocoverseedleiprovinces,,(II)Peasant’sincomegrowthceasedtodeclineandbeganbouncingbackNetpeasant’%,,thepric,,,,,thelivestockindustrybecamethemainsourceofincreasedofpeasant’dthefollowingthreecharacteristics:,,,,,,t,,,,,,,,thepeasants’,,,...Ifyouneedthefullcontext,FengFeiChina’,an,autoindustryislikelytobecomeapillarindustryunderthenewsituation,offeringsustainablemotivationforeco’sentryintoWTO,theautoindustry,whichhasbeeninanobviouslyunfavorableposition,,aproperpolicyadjustmentwillturnunfavorablesituationtoafavorablesituationandhelpthecountryachievethelong-termgoalofeconomicgrowth,otherwiseChinawouldbecomethemarketfordevelopedcountriestoselltheirproducts,andthecountry’,itisextremelyimportanttoselectacorrectdevelopmentpathforChina’sautoindustryagainstthebackgroundofthecountry’ndustryInthelast10yearsofthe20thcentury,underthepressureofamaturatedtraditionalmarket,surplusproductioncapacityandintensifiedtechnologicalcompetition,theinternationalautoindustryhadexperiencedtwomajorchanges:First,,withassociationandmergeroftransnationalcompanies,’sglobalizationare:themajorautomobilemakershavegonebeyondacountry’sgeographicalborderinimplementingtheircompetitionstrategyandresourceallocation;re-allocationofresourcesismadeinthewholeworld,andtheactivitiesinindustrialchainsarenotcompletedintheframeworkofasinglecountry,butcarriedoutontheglobalplatform;transnationalcompaniesdistributethefunctionsofinvestment,RD,production,purchaseandsalestotheregionswhichbestsuittheirdevelopment(intermsofresourceandcostadvantages)soastolowercost,pursuebestresourceallocationefficieustry:First,,atithasabandonedthedevelopmentpatterninwhichentire-carmakersandautopartenterprisesareorganizedintoaverticallink,,autopart,globalizationofautopartindustryhasblurredtheideaof“nationalcharacteristics”,618casesofmergerandacquisitionoccurredinthisindustry,,cross-holdingandparticipation,transnationalcompanieshavebasicallyformedsixtransnationalgroups:GeneralMotors-Fiat-Susuki-FujiHeavyIndustries-Isuzu,Ford-Mazda-Volvo-Daewoo,DaimlerChrysler-Mitsubishi-Hyundai,Toyota-Daihatsu-Kiro,andVolkswagan-Scania,,,%oftheworld’:Concentrationoftheworld’sautoindustryZhangWenkuiResearchReportNo151,1329China’,thetotalnumberoflistedcompaniesinChinaisonlyalittlemorethan1,,thesecompaniesholdanevermoreimportantpositioninChinasnationaleconomy,andtheireconomica,therestructuringoflistedcompaniesisgettingpopular,havingposedaneye-catchingphenomenoninChinaseconomiclife,,thenumberofcasesofrestructuringofChina’,thenumberofmajorrestructuringcaseshit148asquotedintheNoticeonStandardizingListedCompaniesMajorPurchases,China’slistedcompaniesareuniqueintermsoftheirequitystructure,performanceandmanagement,ticsanddigouttherootoftheproblemsthatdogtherestructuringofChina’’sListedCompaniesAlthoughrestructuringofChina’slistedcompaniesstartedin1993,,BaoAncorporationp%to18%,ation,,anotherformofrestructuringwithChinesecharacteristicswasinventedbyHengTongCorporationwhenitpurchasedLingGuangCorporation:negotiatedtransferofth,%%ofthestate-heldsharesoftheShanghaiLingguangIndustrialCompany,theparentcompanyofLingGuang,,there,someChina’slistedcompaniesfoundthemselvesinfinancialdifficultyin1995and1996andsomeeveninred,whichgaverisetoaspecialtreatmentgroup(knownastheSTcompaniesonthestockmarket).Theemergenceoftheloss-incurringcompaniesandtheSTgroupmeantthatsomelistedcompanieswouldbedisqualringonregionaleconomies,localgovernmentswouldtryeverymeanstokeeptheirlistedcompaniesgoingonthestockmarketortoqualifythemforallotment,whichinturnledtothe,theShanghaiMunicipalGovernmenttooktheleadinthecountrytoproposetherestructuringoflistedcompaniesinfinancialmirestoretaintheir"shell"andqualifythemfortheallotmentofnewshares,andalsopickedoutagroupoflistedcompaniessuchasZhongChengShiYeandLianHeShiYe,lGovernmentwascopiedbyonelocalgovernmentafteranother,ofpolarizationamongenterprises,restructuringmastermindedbylocalgovern’slistedcompaniesisviewedbroadly,itcanbediscov’slistedcompaniesarefairlyspecialintermsoforigin,relationshipwiththegovernment,financialpreference,’"Keepshellforallotmentandborroworbuyshell"AfairlylargenumberofcasesofrestructuringofChina’slistedcompanieshavebeeninitiatedtowardthegoalofkeepinglistedcompaniesinactionorqualifyingthemfortheallotmentofnewshares,orsellingsharesunderthe"shell",Chineseenterprisesh,thestockmarketsofthecountryarestillattheirearlystageofdevelopmentandgenerallyinshortsupply,thestockmarkethassmallrestrictionstoandpressureonlistedcompanies,thecostsforraisingfundsthroughstocktradingaremuchsmallerthanthosefordirectloans,andalmostnoresponsibilitiesareinvolved,,however,Chineseenterprisesfacemuchtighterrestrictionsthan,somelatecomersandnewlyestablishedhi-techornon-governmentalenterprises,inparticular,,the"shell""shell"resourcesbyrestructuring,ortotakethechanceofrestructuringtoseize,keepholdof,ormakefulluseofthese"shell"resourcescontinuallyisinlinewithboththeinterehofsomeotherstothnstitutionalequitiesisthemainmodeofrestructuringofChina’slistedcompanies,and’a’slistedcompaniesaccountforabout62%ofthetotal,negotiatedtransferofstate-ownedandinstitutionalequitieshasnaturallybecomeamodeofrestructuringthatcanb,thismodecane,,andisconducivetothepromotionoftherestructuringofChina’,however,toexposetheinterestsofsmallshareholderstoharmswhencomparedwithacquisitiononthesecondarymarket. 


        新濠唯一官网地址ChenQingtaiEstablishingastate-ownedassetsmanagementsysteminlinewiththerfstate-ownedenterprisesandpromotingtherestruc,itmanagement,establishingeffectivecorporategovernance,increasingenterprises’vitality,,despiterepeatedexplorationsbothatthecentralandlocallevels,thisreformdidnotentertheimplementationstageuntilthe16thCPCNationalCongressoutlinedsystematicallytheguid,thestate-ownedassetsofenterprisesbelongtothestate,algovernmentsandbetwe,thestate-(assets)telydefinetheirownrolesandthereonsandallowingenterprisestoassumesocialfunctionshavedis"offside",whichdampensthemarketvitalityoftheenterp,which,,anentrustedstateownershipagencysystem,whichclearlydefinespowersandresponsibilities,shouldbeestablishedsoastoformsystemsandmechanismswithwhichtheownership-relatedresponsibiliownedenec’sinstitution,whichwillbeseparatedfromthefunctionaldepartmentsinchargeofpublicadministration,toexercisetherightofsttalcontributor’’sinstitutionisentrustedbythestatetoownthestockrights,exercisethecapitalcontributor’srightsasastockholderinaccordancewiththeCompanyLaw,andperformthecapitalcontributor’,makemanagementdecisionsindependentlyandberesponsiblefortheirownprofitsandlosseswithinthecorporategovernanceframework,’sinstitutioni,thetasktoreformthestate-ownedassetsmanagementsystemistoe’sinstitutiontoexercisetherightofownershipinacentralizedandunifiedwayandtorealizetheseparationofgovernmentfunctionsfromenterprise(capital)managem’sinstitutionownsthestockrightsoftheenterprisesinwhichtheyinvestandhavestocks,andexerciserightsandas,includingthoseinwhichthestatehasinvestmentsandownsstocks,shouldmakemanagementdecisionsindependentlyandberesponsiblefortheirownprofitsandlosseswithinthecorporategovernanceframework,’sinstitutionisaccountabletothestateinthefieldsofrealizinggovernmentpolicyobjectivesandearketEconomyThemanagementofstate-ownedassetsisasystemandmechanismthatinvolvestheformsofrealizingstateownership,themanagement,operationandsupervisionofstate-ownedassets,corporategovernance,,thatcanberesolvedwiththees:iononstate-ownedassets,thedefinitionofstatepropertyrights,theaccountingsystem,statistics,auditing,appraisal,theapprovaloftheoperatingbudgetsofstate-owtate-ownedassetsandshouldbeadministratedbythedepartmentsofpublicadmininctionsareseparatedfromenterprisemanagementandtherightofownershipisseparatedfromtherightofoperation,the"state"m,thechainofentrustedagencyisthatthestateistheunifiedownerandthecentralandlocalgovernmentsrespectivelyrepresentthestatetoperformthecapitalcontributor’tsinchargeofstate-ownedassetsmanagement–thecapitalcontributor’’sinstitutioncontrolsthestocksofimportantenterprisesandconducts"authorizedoperation",risesCorporatesystemisthefoundationfortheenterpriseswhosegovernmentfunctionsareseparatedfromenterpriseman,state-ownedenterprisesmustundergocorporater,thestateownermovesfrom"controlling"enterprisesthroughtheadministrativeinterventionbythegovernmentdepartmentstoentrustingthecapitalcontributor’sinstitutionto"performthecapitalcontributor’sresponsibilities",includingthestatecapitalcontributors,maintaintheirfinalcontrolovertheenterprisesthroughthe,maketheirmanagenenviroauthorizesthecompetentdepartments,suchastheMinistryofFinanceandtheNationalAuditOffice,tocarryoutauditandsupervisionoverthecapitalcontributor’’sinstitutioncarriesoutauditandsupervisionovertheinstitutionithasauthorizedtooperate....Ifyouneedthefullcontext,pleaseleaveamessageonthewebsite.MEP Regular Press Conference (June) ChenXiwenResearchReport,,2000(Total1282)Duringthe9thFive-YearPlanperiod,anoverallbalancewasachievedbetweenthesupplyanddemandofmajoragriculturalproducts,’sagriculture,whichforlong-termtookthesupplyofsufficientfoodandclothingtothepeopleasitsfundamentaltarget,wouldnowenteran’sagriculture,andtheruralareasasawhole,,andsomehaveresultedfromthesurfacingofsomedeeplyrootedconickenthepaceofsystemandorganizationinnovationwillbethekeytosmoothadvanceofChina’sagricultureandruralworkasawholeintoanewperiodofdevelopment,andthecentraltaskinChina’dbasicappr(1).Glaringcontradictionbetandinattentiontoqualitativeoptimizationforlongyearsinthepasthasobviouslybeenrestrictedbydemand.(2).,townshipenterpriseshavegrownnoticeablywe,therurallabourforcehassufferedasetbackinitstransfertosecondaryandtertiaryindustries,andthetotalnumberofemployeesinagriculturehasbouncedback.(3).Increasingdifficultiesinthegrowthofthefarmers’,thegrowthofaverageper-capitanetincomeoffarmershassloweddownandtheruralareaasawholehassunkintoasituationofearningeverlessfromagricultureandrelyingmershasshrunkfortwoyears.(4).Aggravatingpressu,thepricesofcereals,oilsandotherstapleagricultur’sentryintotheWorldTradeOrganization,pressuresfromthisdirectionwillnoticeablyaggravate.(5).Wideningdiscrepancybetweenthe’stownsandvillagesarebasicallyorganizati,however,areoutward-orientedbusinessoperationorganizationsfromwhichtheycangetmarketinformation,technicalandfundsupport,,theestablishmentoffullgovernmentsatthetownlevelhasledtoaswellingoforganizations,staffandexpenditures,broadmassesofpeopleintheruralareas.(6).Growingdistancebetweenasupportiveandprotectiveagriculturalsystemcharacterizedmainlybypriceprot,governmentswouldshoulderheavierburdens,governmentsubsidiescouldhardlygodirectlytofarmers,,thispractimentduringthe10thFive-YearPlanperiodThebasicapproachofthoughtsaboutagriculturalandruraldevelopmentatpresentandinthenearfuturehasbeendefinedbythedecisionmadeatthe3rdPl,specialattentionshouldbepaidtothreeissues:(1).Itshouldbestressedthatthestrengtheningofagricu,thecomprehensiveproductioncapacityofChina’,inparticular,ingrainproductionforfiveyears,,itwouldbeeasyforblindoptimismtodevelop,Five-YearPlanperiodhasitsinevitability,butitisalsoattributabletosomespecialfactors,suchassubstantialincreaseofthepricesofgovernmentpurchases,unlimitedpurchaseofgrainatprotectiveprices,,however,thegrowthofthepopulation,decreaseofcultivatedland,shortageofwater,,themarketsan,specialattentionshouldbepaidtostrengtheningthebasicpositionofagriculture,protectingandincreasinggrainproductioncapacityduringthe10thFive-YearPlanperiod,periodshouldbeconcentratedmoreonimprovementoftheproduction,livingandmarketconditionsofagricultureandtheruralareasasawhole,promotionofagriculturalscienceandtechnologyandpopularizationofadvancedandapplicabletechnology,establishmentofasystemforcollectionanddisseminationofinformationaboutthemarketsofagriculturalproductsandasystemofqualitystandardsforagriculturalproducts,anddevelopm,thefocusshouldbeputonimprovementofthecomprehensivequalityofagriculture,thequalityofagriculturalproductsandefficiencyofagriculture,andtheincomeoffarmers.ZhangXiaojiInordertoimplementtheconsensusreachedbytheheadsofstateofChina,JapanandRepublicofKorea(ROK)attheManila"10+3"conferenceheldinNovember1999,theDevelopmentResearchCenter,authorizedbytheStateCouncil,conductedjointresearchontheeconomiccooperationamongthethreecountriesalongwiththeNationalInstituteforResearchAdvancement(NIRA)ofJapanandKoreanInstituteforInternationalEconomicPolicy(KIEP).AttheBrunei"10+3"conferenceheldinNovember2001,thethreeinstitutionspresentedthefirst"JointPolicyRecommendations"(seeappendix),theproposalconcerninnAffairs,theMinistryofForeignTradeandEconomicCooperation,theGeneralAdministr,JapanandKo,(RTA)ccountedformorethan50percentoftheworld’,includingservicetradeandinvestment,andevencont"stumblingblocks"toglobaltradeliberalization,whileothersregardthemasthe"foundationstones"for,thefactthatregionalismisspreadingacrosstheglobeindicatesthatcountries,proceedingfromtheirownpracticalinterestsorpoliticalinterests,arestillseekingtoestablishbilateralormultilateralregioaltradeagreements,thesecountriesdonotwanttomissanychancestoparticipateinneighboringregionaltradeagreementsforfearofbeing"marginalized"(EU)andtheNorthAmericanFreeTradeAgreement(NAFTA)arebyfarthetwomaheplantoestablishtheFreeTradeAreaofAmerica(FTAA),itishighlypossiblethatinthenext10years,,thecountriesin(ASEAN)planstoestablishafreetradeareacomprising10membercountries,andSingaporehasreachedagreementwithJapanonabilateraleconomicpartnershipinthenewera(JSEPA).However,whethertheEastAsianregioncantrulyformaregionaltradeblocthatcancompetewithEuropeandAmericadependsverymuchonhoweconomiccooperationwilldevelopamongChina,’"10+3"framework,thethreecountries’"10+3"conferencein2001,ChinareachedconsensuswiththeASEANontheestablishmentofafreetradearea,,themovehasputanenormouspressureonJapanandKorea,andmaywellforcethetwocountriestorecoeaswiththeASEANbutal,JapanandKoreaInthepast10years,thetradeamongthethreecountrieshasbyandlargem,,,theNAFTA,theSouthernCommonMarket,theASEANandotherregionaltradeblocs,boththeproportionandtheconcentrationcoefficiento,thethreecountries’tradestructure,comparativeadvantages,divisionofproductionandotherimportantfactorsaffectingtheintra-regionaltradeareundergoingchangesandt-,ofthetopsixmajorcommoditiesinChina’sexporttoKorea,fourwerealsorankedamongthetopsixmajorcommoditiesinChina’’simportfromKorea,fivew’sexports,thegrowt,Sino-KoreantradeisgraduallyassuminggreaterimportanceinChina’sforeigntrade,w,thep,inain2001surpassedthattoJapanforthefirsttimeinhistory....Ifyouneedthefullcontext,ItcanbeseenfromCh,,theannualgrowthratejumpedover14percent,,theCentralGovernmenttookstrictmeasuresofmacro-regulationincludingadoptionofadministrativemeasuressu,theslowdownofgrowthduringthisperiodoftimewasanormalresponsetothemeasu,however,,theCentralGovernmenthasshiftedtoanexpansivefinancialandmonet,,andlargeamountsofproductioncapacitiesremainidle,,surplusofproductioncapacitieswhenithasjustreachedafairlyprimarystageofdevelopmentToanswerthisquestion,itisnecessaandfornon-governmentalinvestment--twomajorfactorsrestrictinggrowthofdomesticdemandDemandcanbedivided,firstofall,,theAsianfinancialcrisisin1997anditsseriousinfluenceuponChina’sexportshaveconsti,forinstance,China’,domesticdemandwillalwaysplayadecisiveroleintheeconomicgrowth,fromalongpointofview,theinfluenceofexportgrowthontheeconomicgrowthasawholewillbecomparativelysmaller(asshowninChart2).Domesticdemand,theretailofconsumergoodsinChina’,,,theslowdowninconsumptiondemandgrowthhasitsrootmainlyintheruralareas,asindicatedinTable1.GuoLihongResearchReportNo157,1335DuringtheNinthFive-YearPlanperiod,Ch,aswestartedfromalowlevel,ourinfrastructureisaweaklinkintheoveralldevelopmentofthecountry,whethercomparedwithindus,asinfrastructurehaspublicandexternalfeatures,itssupplyanddemandcannotbesimplydeterminedintermsof"meetingeffectivedemands",anamplevolumeanticipatingandspurring(byserviceandprice)Year,thestrategicadjustmentoftheeconomicstructure,withurbanizationasthefocus,menswillboledependsontwofactors:oneiswhethernon-governmentalandoverseascapitalcanbeintroducedintoconstructionprojects;,itisnecessarytodiscusstwocloselyrelatedsubjects:market-driveninvestmerconceptualbasistothisarticle,,the"theoryofnaturalmonopoly"isthebasisonwhichth,governmentinterferenceandgovernmentmonopolyarenecess,"governmentmonopoly"and"governmenttakingoneverything"’economicphilosophythat"thegovernmentnevermeddlesinanythingthatcanbedonebynon-governmentalorganizations".Therefore,itisnotsurprisingthatin,transportationandtelecommunic,,forthesehighwayswerefreeofcharge,and,thefirstprivately-ownedtollhighway,theDullesGreenwayinVirginia,tricity,TVAwasestablishedonlyafteradozenyear,theUnitedStatesisanationwherethetheoryo"naturalmonopoly",thegovernmentmustenactl,eventhegovernmenthastointerfereinormonopolizecertainsectorswiththeaimtomaintainsocialjusticeortoremedymarketfailure,ratherthantocarryouttheaprioriconceptthat"onlybyexercisinggovernmentalmonopolycanthecostofatradebelowered".InChina,nearlyalleconomicsectorswgeneraltheoryofseekingprofit(includingthetheoryofnaturalmonopoly).ureEuropeann,GermanytendedtoexercisestatemonopolyinproductionbeforeWorldWar’saviationindustry,forthegovernmentprovidedthatitmustoperateonmorethanhalfofthenation,whentheKohladministrationnegatedtheideaofall-roundgovernmentinterference,thereweresome4,elecommunications,,Franceturned21ofthe58governmentalenterprisesintoprivateonesbutkeptthoseinelectricity,gas,coal,aviation,,whichmadeitdifficulttoadapttoeconomicglobalization;theleaststhatatacertainstageofeconomicdevelopment,,norcanitbeexplainedbytherationalizationof"affirmingthepresentwhilenegatingthepast"....Ifyouneedthefullcontext,pleaseleaveamessageonthewebsite. 


        LiuShijing,LuZhongyuan,ZhangLiqunLiJianweiDuetotheimpactoftheAsianfinancialcrisisandasaresultofthepressureofdomesticdeflation,China’seconomicgrowthfellforatimeaft,deepeningreformandopeningupandacceleratingeconomicrestructuringaswellasothermajorpolicymeasures,,theeconomy’sself-growth(endogenousandmarket-orientedgrowth)mechanismisgettingstr,Chinaneedstomaintainthecontinuityandstabilityofmacroeconomicpoliciessoastoconsolidatetheeconomy’sself-growthfoundationandmaketheperformanceofthenationalecothisyear,investmentandexporthavepostedarobustgrowth,consumptionhasbeenbriskandindustrialupgradinghasbeenfaster,artersandaquantitativeprojectionbyusingthemonthlymacroeconomicmeasuringmodelindicat,(1)Consumptiondemandhasbeenbriskandinvestment’sself-growthcapacityhasbeenpromotedConsumptionhasmain,,,,,()duringthesameperiod,,theupgradingofurbanandruralresidents’,theannualdeclineratesofth,ariseofsimilarintensitywaspostedforthespendingoftransportation,housing,medicalcare,,thepullingeffectof,,,or6percentagepointshigher,nd,butmo,,theaverageannualgrowthrateofalldomesticprivateinvestment,includingthejoint-stockeconomicsector,thecollectiveeconomicsector,theprivateeconomicsectorandthecooperativeeconomicsector,,,,,theinves,tofthestate-ownedeconomicsector,,theproportionofprivateinvestmentinallsocialinves,theproportionsoftheinvestmentsmadebythestate-ownedeconomicsector,thedomesticprivateeconomicsectorandtheforeignersandthosefromHongKong,,,however,,()exceededthatofthecollectiveeconomicsector().Second,thedependenceofthegrowthofallsocialinvestmentongovernmentst,theamounto,theproportionoftreasurybondinvestment(includingconstructiontreasurybondandtheinvestmentofallsupportingfunds),,thedownwardadjustmentofinterestrateshasyear,centyearsindicatesthatinthefirstthreequartersof2000,2001and2002,themacropoliciesaimeda,,investme,,raterevenue,price,expectation,self-raisedfund,foreignfundutilizationandothermarketfactorshavebeencontinuouslyontherise....Ifyouneedthefullcontext,pleaseleaveamessageonthewebsite.澳门和记平台官网ItcanbeseenfromCh,,theannualgrowthratejumpedover14percent,,theCentralGovernmenttookstrictmeasuresofmacro-regulationincludingadoptionofadministrativemeasuressu,theslowdownofgrowthduringthisperiodoftimewasanormalresponsetothemeasu,however,,theCentralGovernmenthasshiftedtoanexpansivefinancialandmonet,,andlargeamountsofproductioncapacitiesremainidle,,surplusofproductioncapacitieswhenithasjustreachedafairlyprimarystageofdevelopmentToanswerthisquestion,itisnecessaandfornon-governmentalinvestment--twomajorfactorsrestrictinggrowthofdomesticdemandDemandcanbedivided,firstofall,,theAsianfinancialcrisisin1997anditsseriousinfluenceuponChina’sexportshaveconsti,forinstance,China’,domesticdemandwillalwaysplayadecisiveroleintheeconomicgrowth,fromalongpointofview,theinfluenceofexportgrowthontheeconomicgrowthasawholewillbecomparativelysmaller(asshowninChart2).Domesticdemand,theretailofconsumergoodsinChina’,,,theslowdowninconsumptiondemandgrowthhasitsrootmainlyintheruralareas,asindicatedinTable1.Exploring a Livable and Ecological Development Pattern in Building Binhai New Area of Tianjin City LongGuoqiangInternationalpivotalportsareofgreatsignificancetotheadvanceoftheinternationalcompetitivenessofacountry’’sShanghaiandShenzhenPortshavealreadybecometwooftheworld’,Chinashouldacceleratethereformofnationaltrade,internation,thedevel,thevolumeoffreighthandledbytheworld’,thefreighthandledbytheworld’slargestports(Rotterdam,theNetherlandsin1985andHongKongin2000)majorinternationalshippingroutesandarenotedforhighefficiency,ansitfreighttheyhand,internationalpivotalportsareplayinganincreasinglyimportantr,thegovernmentsofsomecountriesandregionsha,HongKong,Singapore,PusanandKaohsiunghavebecometheworld’,,,’sportsismainlyattributedtothedevelopmentofitsowntrade,,SingaporeandKaohsiungrespectivelyaccountsfor40percent,,,infaceofanincreasinglyintenseinternationalcompetition,de,developinginternationalpivotalportsisarequirementofincreasingChina’’ssixthlargestexportcountry,andthecompetitiveadvantageincostandpricewillcontinuetobethemaincompetitivenessofChina’ofexitforthecontainersintheregionofthePearlRiverdelta,,ithelpsincreasethecompetitivenessofChina’,astheefficiencyofdomesticportsincustomsclearanceisnothigh,,asmostofthisregion’sexportisintheformofprocessingtrade,’simportisthroughHongKong,higherimportcostalsoweakensthecompetitivenessoftheregion’,theimbalanceinimportandexp,becauseofthesmallamountofinternationaltransitbusiness,thecargos’etworegionsoftheYangtzeRiverdeltaandthePearlRiverdelta,,developinginternationalpivotaluthalfofChina’,theefficiencyofcustomsclearancehasbecomeanimportantaspectwhenforeignbusinessmenevaluateChina’encyofChina’,Shanghaicarriedoutaexperimentreformcalled"greatcustomsclearance".Asaresultoftheexperiment,,suchasIntel,indicatedthattheywouldnotonlyexpandtheirproductioninvestmentinShanghai,nalpivotalports,suchmeasureswilldefinitelyimprovethecountry’,developinginternationalpivotalportsisarequirementforincreasingtheaddedvalueofChina’ofChina’stotalexport,andincreasingtheaddedvalueoftheprocessingtradeisanimportantwaytofurther,thankstothemasstransferoftheITandothermanufacturingindustriestoChina,electromechanicalproductsmanufacturinghasbecomethefast-growingandlargestsectorintheexportofChina’,theprocessingtradeofelectromechanicalproductshassomeuniquefeatures,suchas"zeroinventoryforproduction,globalizationofprocurementandnetworkingordering".Thesehaveputforwardhigherre,thelowefficiencyofChina’scustomscleara,reformingthecustomsclearancesystemanddevelopinginternationalpivotalportswillhelpincreasetheaddedvalueofChina’,developinginternationalpivotalportsisarequirementfordevelopingmoderndistributionandstrengtheningChina’sstatusastheworld’’sstatusintheinternationalmanufacturingdivisionoflaborhasdrasticallyelevated,theindustrialchainofthecountry’sforeigntradehasbee,somewell-knowninternationalretailenterprisesareplanningtoestablishgoodsdistributioncentersattheportsclosetoChina’,Val-MartplanstoestablishaprocurementanddistributioncenterinShenzhenforprocurement,classifiedpackaging,’smoderndistribution,butalsofurtherspurexportandstrengthenChina’sstatusastheworld’,theexistingcustomsclearancesystemisinconsistent,Chinahasalreadyha,thecoastalcitiesineastChinaareallonthemajorinternationalshippingroutesinwesternPa,thecontainershandledinEastAsiaaccountedfor50percentoftheworld’,thereisagreatpotentialforthepo,China’’,,China’sinternationaltradeismainlyconc,Ch,China’y’sownforeigntrade,,theYantianPortinShenzhenisinvestedandmanagedbytheHehuangGroup,,China’sShanghaiPortandShenzhenPortrespectivelyrankedthefifthandeighthamongtheworld’slargestcontainerports....Ifyouneedthefullcontext,pleaseleaveamessageonthewebsite.,2002Inrecentyears,alongwiththeexpansionoftheroleofprivateenterprisesinlocaleconomicdevelopment,localgovernmentsaregivingmoreandmoreattentiontothectiveprotectionofthelegitimaterightsandinterestsofprivateenterpr,eventsofencroachmentonthelegitimaterightsandinterestsofprivateenterprisesremaincommonandserious,,problemsrelatingtotheprotectionofthelegitimaterightsandinterestsofprivateenterprisesmainlytakethefollowingforms::DifficultmanagementafterpurchaseBasedontheinvestigationofrelevantdepartmentsincludingtheFederationofIndustryandCommerceofAnhuiProvince,inSeptember1998,HaitianGroup,aprivateenterpriseinMa,HaitianGroupwastobuyoverMaAnShanRubberPlant,abankruptenterprise,,,butmostofthemdidnotsinouncements,itstoppedissuingwagesfortheseworkersandstaffsinceJunethenextyear,resultingina,thecompanyreissuedthewagesoftheabsentworkersandstaffaccordingtotheopinionofthecoordina,astheworkersandstaffdidnotchangetheir"bigpot"mindset,theconfrontationalmooddidnotsubside,,theworkersandstaffappealedto,theChemicalIndustryBureauofthecityinformedHaitianGroupinwriting,askingHaitianGrouptowithdrawfromHaixiangCompany,,theChemicalIndustryBureau,backedupbythecityleaders,appealedtothecou,:Privateenterprises’,duetovariousconstrainingfactors,privateenterprise,butonceprivateenterpriseswanttopurchasethem,enbeinglaidoff,butoncetheirenterprisesaretobepurchasedbyormergedwithprivateenterprises,theybecomeprovocativeandtouchy,,thegovernmentusuallytriestomaintainst:GovernmentconstructionprojectstrangledaprivateenterpriseinGuiyangGuiyangXinghuaFerroalloyPlantisaprivate,thesittingofthenewGuiyangairportin,atthespecialmeetingpresidedoverbyavicemayor(concurrentdeputycommanderfortheconstructionoftheLongdongbaoAirport)ofGuiyang,,XinghuaFerroalloyPlantmustcompleteitsmovebeforeMarch1996;aspecialworkinggroupforthemovingwouldbeestablishedtooverseetheimplementation;andasXinghuaFerroalloyPlantenjoyedgoodeconomicresults,,theworkinggroupforthemovingrelayedtheideaofthespecialmeetingtoXinghuaFerroalloyPlant,(1995)ofHuaxiDistrictG,XinghuaFerroalloyPlantimmediatelystoppedbusinessactivitiesands,theplantconductedassetassessmentaccordingtolegalprocedures,formulatedthebudgetreportforreorgani,aftertheplantstoppedproduction,ibilityamongthem,,themovingfeeswereembezzledbycertainleadersforrenovatingbuildingsinthe,theplantreportedtotheprovincialgovernmentofGuizhouandobtai,,,,,themanagementofXinghuaFebur,theairportthenclaimedthatthesiteoftheplantwaswithintheclearancezoneoftheairportandits,theheadofenvironmentalprotectionbureauofHuaxiDistrictGovernmentofGuiyangCitycametotheplantwithsomeotherpeopleandannou,leadingtodirecteconomiclossesofoverRMB400,,theplantisstilltr:Thiscase,theimportantdecisiontomovetheplantfromitsexitingsite,whichrelatedtoenterprisesurvival,roup"relayedtheideaofthespecialmeeting"toitandwas"demandedtoimplementaccordingtotherequirementscontainedinthedocument".Second,aftertheenterprisestoppedproduction,thedepartmentsconcerneddidnottrytosolveitsactualproblems,,whentheenterprisehadtoresumeproductiontosaveitselffouryearsafterproductionstopped,apieceofhand-writtenpaperofthechiefofthedistrictenvironmentalprotectwithforeigninvestment,coulditbetreatedinthatwayComparedwiththesetwotypesofenterprises,privateenterprisesapparentlycouldnotnegotiatewithgovernmentdepartmentsontheirexistingstatus,andtheirrightsandinterestsarenothinginfrontofgovernmentdocuments....Ifyouneedthefullcontext, 


        ’%oftheenterpriseskeptnormaloperationthisyear,,,%;%;%.Thatistosay,(lastyear,),,%managersansweredthattheirenterpriseshadmadeprofits;%keptbreakeven;%,’,49%ofthemanagersthoughtitwould"turnforthebetter",%predicted"nochange",%forecast"worsening".,%plannedtoincreasetheirinvestment;%intendedtoreduceinvestment;and23%,moreinvestmentinterestwasexpectedtogotosuchindustriesaspharmaceutics,ironandsteel,electronics,non-ferrousmetals,,enterprisesintendingtoincreasei,managersofmostenterprisesfeltopt,%felt"veryoptimistic",%respondedwith"relativelyoptimistic",andonly11%were"notsooptimistic".Itisfurtherobservedthat15%oftheenterpriseshadbeeninvolvedintherealmofhighandnewtechnologies,%,%want%,newtechnologiesforenvironmentalprotection,"haveparticipatedin"or"plantoparticipatein"overalldevelopmentofwesternChina,%and45%,"marketexpansion"%ofenterpriseschosethisformwhichwasfollowedbytechnologicalco-operationpreferredby23%(11%),investment(%)andtalentsupport(%)....Ifyouneedthefullcontext,pleaseleaveamessageonthewebsite.The Peoples Government of Shaanxi Province --riodafterChina’sEntryintotheWTOGeYanfengVariouscontradictionsinChina’semploymentsectorhavebecomeextremelydominantinrecentyearsandhaveseriouslyaffectedthecountry’,howChina’semplo,ChinasentryintotheWTOwillbringaboutlastingprosperityofitseconomyandfacilitatetheperfectionofitsmarketeconomicsystem,whichwill,however,afterChinaacceptedatpresent,ChinasentryintotheWTOwill,China’semploymentsituationinthetransitionalperiodafteritsentryintotheWTOdoesnotallowmuchoptimismwhenthecountry,withthegradualbreakingdownoftradebarriers,Chinawillenterastageofeconomicdevelopmentthatismoreopenandinvolvesfiercercompetition,andatremendouschangewilltakeplaceinthemodeofitseconomicgrowth,andontheotherhand,technicaladvancementwillgraduallybecomeamajorforcedrivingupeconomicgrowthan,theroleofGDPgrowthinstimulat’shiddenemploymentwillsurf’sentryintotheWTO,domesticmarketpriceswillfureofagriculture,declineinthepricesoffarmproducewillaffecttheincomeoffarmers,surbanareaswhereenterprisereformhasresultedinadrasticcutofsurpluslaborers,yetsuchsurpluspersonnelinstate-ownedenterprisesandcollectively-ownedtownshipenterprisesstillremainat20%ormoreaccordingtoaconservative’sentryintotheWTOandwiththeintensificationofcompetition,risesexposedtoheavierpressurefromimportcompetition,andthosewithrelative’sentryintotheWTO,thenumberofemployeestob’semberofbigcitiesin1997,andtheanalysisoftherelevantdataandindexesof1997and1998,therealunemploymentrateinurbanareaswasbetween13%and15%in1997and1998whenthenumbersofthejoblessandlaid-offworkerswereincluded.*ThespeedofChinaseconomicgrowthhasnoticeablypickedupsince1999,,therealunemploymentratestillstandsaround10%sentryintotheWTO,unemploymentwillturnfromhiddentovisibletoalargeextent,anditwillbemostpossibletoseeChina’sunemploymentratesurpass15%sentryintotheWTO,itseconomyupplyanddemandoflaborforcesindiff,swiftdevelopmentwillberegisteredinsuchsectorsasfinance,insurance,telecommunications,anddistributionaswellassomehi-techenterprises,,clothing,co,agreatmanycapitalandtechnology-intensiveindustriesthathavebeendevelopedtoboostproductionofimportsubstitutes,suchasmetallurgy,automobile,machine-building,pharmaceutics,andchemicals,mayinevitablysufferandhavetocutemployeesinlargenumberechnicalfoundation,ahigherdegreeofopenness,andobviousregionalsuperioritymayexpecttoseerelativelyfaster,smallandmedium-sizedcitiesinthecentralandwesternregions,wheresmallandmedium-sizedenterpriseswithbackwardtechnologyandequipmentareconcentrated,theywillmeetevengreate,state-ownedenterpriseswillhaveamorethornyburdenofredundantemployeesandfaceaheaviertaskofstructuralreadjustmentanddivertingredundantworkersafterChina,thenon-statesectorwillhavemoreroomfor,forseveralyearsafteritsentryintotheWTO,Chinawillbeencounteredwithaverytoughcontradictionofstructuralemployment,andunemploymentwouldbeextraordinarilysevereinspecialindustries,oldindustrialbases,smallandmedium-sizedcitiesincentralandwesternregionsaswelketandbecomeunemployedforlongperiodoftime....Ifyouneedthefullcontext,pleaseleaveamessageonthewebsite.优发下载 客户端Policy Suggestions on Stabilization of Market Price (Excerpts) LongGuoqiangResearchReportNo66,2000China’,asenseofanxietyappeareddomestically:anexceedinglyhightradedependenceratiomighthaveanadverseeffectonthehealthydevelopmentofChina’’sforthcomingentrytotheWorldTradeOrganization,whetherwemaintainacorrectunderstandingoftradedependenceratiowilldirectlyaffectourasses’stradedependenceratiobyscientificmethodsandarrivingatacorrectun’stradedependenceratioTradedependenceratioofacountryistheratioofthetotalamountofforeigntradeofthatcountrytoitsgrossdomesticproduct(GDP).Theratioisusedtomeasurethedegreeofdependenceofacountry’,tradedependenceratiocanbedividedintotwocategories:degreeofdependenceuponexport,;anddegreeofdependenceuponimport,,itlay,,ideworldinthepast20years,China’,from1981through1999,theaverageannualgrowthrateofChina’,,intheyearsbefore1994theRenminbi(RMB),China’(seeChart1)Therapiddevelopmentoftheproce“tradeofprocessingimportedmaterialsprovided”and“tradeofprocessingmaterialsprovidedbyforeignclients”.Inthe18yearsfrom1981through1999,theaverageannualgrowthratesofChina’,,,theaveragean,makingtheratioo’,bothdomesticcontentratioandrateofaddedvalueofprocessingtradehavegoneup,auniquefeatureofthetraderemainstoacertainextent“importandhighexport”.,makinguseoftradedependenceratiowhichincludestheprocessingtrademaytoalargeextentexaggeratethedegreeofdependenceofChina’’stradedependenceratio(1978-1999)ZhangWenkuiResearchReportNo97,’s,tosolvetheproblemsofheavydebtofChina’sstate-ownedenterprises(SOEs)andtheresultanthugeamountsofnon-performingassetsofnationalbanks,someprogramswereputforwardforrestructuringthedebtsofbanksandenterprises,includingthedebt-to-equityswapprogramwithgreatinfluence(byZhouXiaochuanetal.,1994).Afterafewyearsofdeliberation,thedebt-to-equityswapprogramwasacceptedbythed,aninvestmentdepartmentwastobesetupineachcommercialbank,whatisactuallyadoptedist(AMCs)receivere-loansfromthecentralbankandpurchasethecreditor’srightstoenterprisesatfacevaluefromrespectivecommercialbanks,andtransferthemintoequityofenterprises,finally,alltheAMCsshallexi,thatistosay,theyshouldwithin10yearsaccomplishthe,thedebt-,therelevantdepartmentsrecommended601enterprisesforcarryingoutdebt-to-equityswaps,,themajorityoftherecommendedenterpriseshadconclu,thegeneralenterprisesurveyteamoftheStateStatisticsBureauconductedanoverallsurveyof504enterprisesthathadsignedofficialandframeworkagreementswithAMCs,itshowsthatinthefirstyear(2000)ofdebt-to-equityswaps,theenterprisesinvolvedintheswapwouldligh,aftercompletingthedebt-to-equityswap,,,enterprisesexpectedtogainprofitin2000amountedto439,,ofwhich,ownbyastilllargermargininsomelocalities,takeBeijingforanexample,in2000therewere17SOEsthatconcludedadebt-to-equityswapagreementwithAMCs,andaftercompletionofdebt-to-equityswap,,andlikewise,mosto,thedebtislibereachedin10yearsandthatthedebt-to-equityswappolicyisadvancingtowardstheexpectedgoalAsamatteroffact,theimmediateemergenceofprofitwasbasicallynotbroughtaboutbythedeep-rootedchangeintheenterprises,instead,themajorpartofprofitwasattributedtothechangeintheirfinancialstructure,inotherwords,lessdebtandinterestpaymenthasmadetheirbookslook"better"toanyfundamentalchangeintheirsituation,whatismoreimportantthanthefinancialstructureisthechangeinthestructuresofoperation,propertyrightsandgovernance(ZhangWenkui,1999).Inordertodeterminewhethertheimplementationofthedebt-to-equityswappolicyisconducivetoreachingtheexpectedgoal,wecannotbutemofenterprisesisworthyofourattention,becauseitnotonlyinvolveswhethertherestructuredenterprisesareabletofulfilltheirdebtobligationinthefuture,butalsohasabearingonwhethertheywillestablishasoundmechanisminafartherfutureunderwhichalltherespoisofvitalimportancetothesuccessofdebtrestructuringwhileanuncturedenterprisesinHungaryandPoland,itwasnotdtheinternalsituationoftheindebtedenterprise,thecreditorswereusuallyputintothepositionoffigureheads,therefore,notmuchimprovementwasmadeinthebusinessperformanceofmostdebt-restructuredenterprises(ZhangChunlin,1999).China’sdebt-to-equityswappolic,andtheinterestandbehavior-orientationofthenewshareholderwillexertanimpactonthegovernancestructureoftheenterprise,andthisisve:InternationalPerspectiveandTheoreticalProbeModerncapitalstructuretheoriesbelievethatequitycapitalanddebtcapitalplaydifferentrolesinenterprises,andanappropriatecapitalstructureisbeneficialtobot,however,thecapitalstructuredeviatesfromthereasonablelimitwithtoohighadebtratio,,debtrestructuringisusuallymoreacceptabletoallthepartiesconcernedthanliquidationafterbankruptcy....Ifyouneedthefullcontext,pleaseleaveamessageonthewebsite. 

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