YIN Xingming ( 殷醒民 ) Professor with China Center for Economic Studies, Fudan University Abstract: Technological progress is the main driver of labor productivity in manufacturing industries. But it is capital accumulation that makes such progress possible. In the early 21st ...

WANG Guogang ( 王国刚 ) Financial Research Institute, Chinese Academy of Social Sciences Abstract: Excessive liquidity seriously affects Chinese economy. Thus, various policy proposals have been submitted by some scholars. The author holds that whatever form it may take, reducing trade ...

The State Administration of Foreign Exchange (SAFE) Taskforce Abstract: The use of renminbi for invoicing and settlement intermediaries in foreign-oriented activities is the first step and footstone of internationalization of the Chinese currency. With the appreciation of renminbi in recent ...

PEI Changhong (裴长洪) The Institute of Finance and Trade Economics, Chinese Academy of Social Sciences Abstract: In recent years, China’s service industries have absorbed an increasing amount of foreign direct investment (FDI); foreign investors have taken wholly foreign-owned enterprise (WFOE) as ...

Ronald Mckinnon and Gunther Schnabl 1Professor of International Economics at Stanford University; 2Professor of International Economics at Leipzig University. Abstract: China’s financial conundrum arises from two sources: (1) its large trade (saving) surplus results in a currency mismatch because it is an ...

JIN Bei ( 金碚 ) Director General, Institute of Industrial Economics, Chinese Academy of Social Sciences Abstract: The reason why materials on earth are divided into “resources” and “waste” is fundamentally dependent on the level of industrial technology and the scale ...

GUO Chaoxian1 Associate Professor of Institute of Industrial Economics, Deputy Director of Industrial Organization Division, Chinese Academy of Social Sciences, China Abstract: This paper creates an extended import-competitive economy – energy – environmental input/output model and employs a structural decomposition analysis (SDA) approach based ...

FANG Songhai Institute of Industrial and Technological Economics, National Development and Reform Commission (IITE/NDRC), China Abstract: During the 11th Five-year Plan period, China’s agricultural productivity improved on all levels; the contribution rate of technologies to agriculture rose steadily, the agricultural service ...

DONG Minjie1 and LIANG Yongmei2 1Graduate School of the Chinese Academy of Social Sciences (CASS), China 2 Institute of Industrial Economics, CASS, China Abstract: In this paper, we attempted to calculate the impact of environmental regulation on the international competitiveness of ...

JIANG Changyun1 (姜长云), ZHANG Xiaomin2 (张晓敏) and ZHANG Yanping3 (张艳平) 1Research Institute of Industrial Economics and Technical Economics, NDRC 2Doctoral student from the School of Economics and Management, Nanjing Agricultural University 3Doctoral student from the School of Economics and Management, ...