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In order to improve its foreign trade development pattern, China is striving to expand foreign trade in services. Competition to expand local shares among the Chinese provincial regions is fierce. The paper is to provide policy recommendations for Shandong province to win this competition. Based on an analysis of the current features of world trade in services, the author examines the development...
Based on T-M model and H-M model, the author analyzes empirically stock selection and market timing of 100 open-end securities investment funds in China under bull market. The research result shows that the most of open-end securities investment funds have some stock selection ability, but it isn't notable in statistics; the most of open -end securities investment funds have some market timing ability;...
In past 30 years, there were increasingly concern on the influences of FDI on Chinese economy in that the implementation of foreign strategies. According to the analysis on the relationship between FDI and the host country's economic competitiveness, the author holds the following perspectives: the effectiveness that FDI produces on the host country depends on the latter's economic level and development...
In the background of the global financial crisis, the public economic policy to play an important role as the operational guidelines and measures of regulating macroeconomic and controlling to guide people's economic activities. This article talked about the response initiatives of the public economic policy in the financial crisis based on the categories of the public economic policy, which from...
When China grain enterprises are trying to achieve their international development goal, they have to face the political risk from international market and competition from trade and craft. This paper will explore the key factors which may affect the course of "Go Global" of China grain enterprises to be involved in competition by applying Principal Component Analysis (PCA) and then deal...
The paper presents current situation and characteristics of the regional investment in Africa, analyzes the location choice of investment in Africa, propose the corresponding countermeasures according to the current regional situation, hoping to enlighten the investors.
This paper develops the model of urban social capital based on perpetual inventory method and individual social network, and measures the social capital stock of 203 cities in China during the period from 1988 to 2008. The results show that, the inequality, labor expected revenue, the expected investment rate of social capital, the probability of job mobility and social capital across the life of...
The development of Shenyang's real estate market is healthy, stable and sustainable in recent years and has contributed much to the development of Shenyang's economy. However, there is still lacking of index system that reflects the situation of Shenyang's real estate market. According to the feature of real estate price indexes in China and different cities and through the price analysis to housing...
Aim at cost allocation problem of cogeneration plant products, the paper presents a new heat-electricity product cost allocation method named equivalent allocation method. In the method, the heat-electricity product cost is divided into Fixed Cost and Variable Cost. They are allocated respectively based on the unit type and the equivalent characteristic between heat product and electricity product...
With "Kyoto Protocol" gradually take force, carbon trading was born and developed rapidly. In contrast to prior studies on China's carbon emissions trading, we conduct a systematic research. First of all, we analyze the status of China's carbon trading. Second, we explore the production function model for relevant carbon trading and analyze the advantages and disadvantages of the carbon...
As the most important part of economic growth, capital investment has a higher growth rate recently and occupies the amazing share among all the investments. Based on the theory of risks management, the capital investment risk factors were fully analyzed and an index system for the reasonable evaluation of capital investment was brought forward, which aimed at the quantitative and overall evaluation...
Influenced by the global financial crisis since later 2008, the economy of Russia has declined across the board. Russian GDP has fallen by about 9% in 2009. In this paper, the economy in Russian Far East grew slowly, however, the overall situation was better than the whole country's situation. With the post crisis era coming, the government and enterprises must have a clear view of local coming socio-economic...
In order to provide some new development ideas for intra-county economy in different levels of China, the development experiences of intra-county from the developed countries can be referred according to the development characteristics of intra-county economy in China. Then the ideas and countermeasures are drawn by using these experiences. Finally, the effectiveness of the countermeasures can be...
This paper constructs an economic growth theory in which economic growth is driven by knowledge accumulation and endogenously determined by the evolutionary dynamics of division of labor between scientific research and material production. Distinguished from the existing growth models based on representative individual's intertemporal choice, this paper formulates economy as an evolutionary process...
The main reasons of stagnant coalbed methane(CBM) production include resource right ownership, industrial policy and engineering management in China. Scientific management of each stage can reduce venture capital and save mining cost, and realize commercial exploitation. Based on the management disadvantages of CBM development, the study puts forward the favorable measures avoiding the risk of investment...
In this paper, hierarchical holographic modeling (HHM) is used to identify the risks in transport PPPs under the perspectives of contractual nature of PPPs, institution and cultural environment, and inadequate supervision. Then, we propose that the traditional financial audit approach can not effectively control risk on PPPs, and furthermore, we give an analytic framework of audit supervision for...
Evaluating the impacts of rural road investment projects is a key content in the rural roads post-evaluation. A good rural road investment project impact evaluation provides the basis for sound policy making. However, because of the lacks of impact evaluation activities and methodology, it has been difficult to know how opportunities provided by rural roads actually filter back into beneficiary outcomes...
Using the data of Fujian Province over the period 1978-2008, this paper employs cointegration and Granger causality testing approach to study the relationship between Technological progress and Local government expending on Science and Technology. The empirical estimates show that Local government expending on Science and Technology and total factor productivity (TFP) has the long-term stability and...
Real estate industry as a pillar industry in China develops along with national economy innovation step by step. Real estate economy plays an important role in the whole national economy. Through the discussion on the origin and distinguishing modes of real estate bubbles, the paper takes income-reverting method to measure and test real estate bubbles in Ningbo, and calculates the bubble coefficient...
Pearl River Delta is an export-oriented and rapidly urbanized region which is closely integrated with the global economic system. A preliminary conclusion was obtained based on the analysis of the present regional planning system of the Pearl River Delta. There was a mismatch between the two parallel subjects of the regional traffic network and the eco-environment protection. Three improvement measures...
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