YU Peiwei ( 于培伟 ) Policy Research Department of the Ministry of Commerce Editorial Note:  In 1978, China began to open its door to the outside world. After three decades of step-by step reform, the country has developed into the ...

SONG Hongyuan , ZHANG Hongkui , FANG Hua , ZHANG Hengchun  and ZHAO Hai Research Center of Rural Economics, Ministry of Agriculture Abstract: Despite the great progress of rural socioeconomic development in the 11th Five-year Plan period (2006-2010), China’s agriculture and countryside are still ...

WANG Yuzhao ( 王郁昭 ) Former Vice-president of Development Research Center of the State Council (DRC) Editorial Note:China’s 30 years of reform have achieved tremendous success and a transformation of the country. Amazingly, however, this grand endeavor began in an ...

SHEN Kunrong1 and FU Yuanhai 1,2 1School of Economics, Nanjing University 2School of Economics and Trade, Hunan University of Commerce Abstract: Using panel data of 29 regions in China from 1999 to 2007, this paper presents a systematic evaluation of how FDI’s spillover ...

WANG Xiaolu (王小鲁) Deputy Director, Noctional Economic Research Institute, China Reform Foundation Editorial Note: As big countries both in transition, China and Russia share similarities in many respects. Due to different paths of reform, however, results of the two countries vary considerably. ...

PEI Changhong1 ( 裴长洪 ) and LIN Jiang2 ( 林江 )   Abstract: Mergers and acquisitions of Chinese enterprises by foreign investors have moved onto the public radar in recent years. To date, the M&A frenzy has drawn widespread attention, with a mixed ...

Tang Haiyan (唐海燕)1 and Zhang Huiqing (张会清)2 1President, Shanghai Lixin University of Commerce 2Doctoral candidate, Business School of East China Normal University Editorial Note: In recent years, China’s rise and its implications for East Asia have drawn wide attention. As a ...

TAN Liwen (谭力文)1, MA Haiyan (马海燕)2 and LIU Linqing (刘林青)3 1 Professor, Director of Institute of Corporate Strategic Management, Wuhan University 2 Doctorate Candidate of Institute of Corporate Strategic Management, Wuhan University 3 Associate Professor, Institute of Corporate Strategic Management, ...

LV Jianglin School of Finance and Statistics, Jiangxi University of Finance and Economics Abstract: In this paper we demonstrate that price-to-income ratio (PIR) is the most precise indicator of measuring bubble levels in China’s urban housing market under current conditions. We have built ...

LIU Caifeng ( 刘彩凤 ) School of Sports Economics and Management, Central University of Finance and Economics Editorial Note: The Labor Contract Law, which came into effect January 1, 2008, caused a stir among various social quarters. Among its several clauses, layoff ...