• Title/Summary/Keyword: Economy of the China

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An Empirical Study on the Impact of China's One Belt and One Road Initiative on Asian Countries and North Korean Economy in the Aspect of Digital Transformation of the 4th Industrial Revolution (4차 산업혁명의 디지털 트랜스포메이션 측면에서 중국의 일대일로 구상이 아시아 국가와 북한 경제에 미치는 영향의 실증 연구)

  • Park, Chul-Soo
    • Knowledge Management Research
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    • v.21 no.4
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    • pp.59-88
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    • 2020
  • This study is to examine the influence of Asian countries on the economic field, and to explain the characteristics and purposes of China's Belt and Road Initiative using data analysis. The purpose of this study is to identify and analyze the influence and characteristics of China's One-to-One Road Initiative on the economic sector by examining trade and investment in Asian countries adjacent to China. In particular, the One-to-One Road initiative is proceeding in a way that connects China and neighboring countries. It is to understand the dependence of the Asian countries in China on the Chinese economy. In addition, it is intended to derive implications by grasping and evaluating what the level is based on data. This study also attempts to grasp the influence and ripple effects of the one-on-one strategy on the Chinese economy and the North Korean economy, where dependence is deepening. Recently, the strategy for Asian countries through a one-to-one initiative in China has been restructured in the framework of the construction of the "21st century Maritime Silk Road" and emphasizes the cooperation mechanism led by the country. In progress of the one Belt and One Road, Chinese ICT companies are remarkable. This study looked at the influence of China's digital one Belt and One Road on Asian countries.

Investigation of Korean-Chinese Business Management Research (한(韓).중(中) 양국간(兩國簡)의 무역(貿易).경영(經營) 연구(硏究)에 관(關)한 문헌(文獻)적 고찰(考察) -1981년(年)부터 2004년(年)까지를 중심(中心)으로-)

  • Mun, Cheol-Ju;Kim, Yong-Jun;Park, Jung-Dong;Moon, Chul-Woo
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.38
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    • pp.327-376
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    • 2008
  • China is marking 9.4% annual growth rate in average since 1978. GDP reached $1090 in 2003 as the first time and China ranked at 4th with their economy size in 2006. One of the remarkable change in China is the extension of foreign open-door policy. China joined WTO in the end of 2001 and it strengthen the foundation of Chinese market economy structure and encouraged the inflow of foreign capital. While 400 of the 500 global corporations advanced into China, the economy trade has been rapidly increasing between Korea and China. The economy trade in both countries has been regularized since 1992 and the annual trade is tending upwards in last 15 years. Korean trade toward China reached 134,400 million which is increased 27 times compared with the total of 1982. In this period, Korean trade toward China marked 24.5% in Export increasing rate and 16.7% in import increasing rate. China became the 2nd biggest export country of Korea in 2001 and became the top in 2003. As the China foreign direct investment has been increasing rapidly, the number of Korean companies advanced into China has been remarkably increasing. By focusing on a thorough review of the nationally published documents of Korean-Chinese business management research during more than two decades (1981-2004), the present paper has been systematically classified and analyzed the current status of Korean-Chinese business management research. The paper raised some important issues regarding Korean-Chinese business management research and predominantly, its future prospects are outlined. In the paper, the documents which are registered in the Korean Academic Processing Foundation registration of journals and candidate registration of journals have been classified by: research purpose, main subject, research method and the results. Careful analysis among the research clarified the active and inactive business management research fields. This clarification enables us to get a better understanding of the current research of Korean-Chinese business management, and more importantly, it pointed out to the direction of future development of research. In addition, the systematic classification made by this paper may contribute to the decision making of subject index of Korean-Chinese business management research since there has been no classification standard of it until now.

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A Study on the Development Strategy of Masan Port at Northeast Era (동북아시대의 마산항 발전전략에 관한 연구)

  • 강용수
    • Journal of Korea Port Economic Association
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    • v.19 no.2
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    • pp.203-219
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    • 2003
  • The world Economy has rearranged into three economic block. Especially, the nation's economy in Northeast area are an engine of world economic development. Among these nations in Northeast area china has done a main role of the development of world economy. Owing to raising of the China economy, the Export-Import of container load has rapidly increased in this area. So it is very important of the nation to manage a port. Therefore, the purpose of this paper is to analysis a port of Masan and to search the way of development. To accomplish this purpose, I will analyze a logistics circumstance in northeast area and a port of Pusan and Jinhae. In conclusion, government and local government must enlarge the investment to develope the port of Masan. Local government should do its best effort to solve the problem of port of Masan. And all citizen should recognize that a development of the port of Masan will be the engine of the raising of Masan.

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Listed Local State-Owned Enterprises and Environmental Performance: Evidence from China

  • TANG, Kai;BAE, Khee Su
    • The Journal of Asian Finance, Economics and Business
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    • v.8 no.2
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    • pp.255-262
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    • 2021
  • The paper examines the influence of ownership type on environmental performance of Chinese listed enterprises. China's environmental problems are attributed to the collusion between enterprises and economy-oriented local governments, which has allowed many companies to skirt environmental regulations. Especially, local state-owned enterprises (SOEs) tend to have worse environmental performance than private firms, under the wing of local governments, with whom they have a closer political connection. According to the report of the Environmental Protection Agency, currently the unacceptably poor environmental performance of local SOEs has severely hampered the realization of green economy in China. After examining the dataset of 15,996 firm-year observations from 2,688 listed firms, this paper found that, in the presence of central government supervision and personnel intervention, listed local SOEs will be forced to improve their environmental performance in accordance with standards set by the central government, which leads to better environmental performance than that of listed private firms (private firms). The result of two-stage regression also supports the conclusion. This shows increased supervision and personnel intervention from the central government can significantly improve the environmental performance of local SOEs. The research in this paper expects to make a contribution to attaining the goal of green economy in China.

A Study on the Sustainable Development of China's Economy: based on the Experiences of South Korea's Economic Development (중국의 지속적 경제발전에 관한 연구: 한국의 경제발전 경험을 바탕으로)

  • Ju, Sung whan;Kwon, Sun Hee
    • International Area Studies Review
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    • v.15 no.3
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    • pp.325-348
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    • 2011
  • This paper analyses how China is likely to be able to sustain its current pace of growth. The results of analysis show that China's economic growth matches standard growth patterns identified by the models of economic development such as structural change, catching up model. Furthermore, China's economic growth, within these analytical frameworks, matches those of Korea at an earlier stage of her development. So Korea's growth patterns may well apply to the future of China such as the benefits of free society with economics and politics which generate technical progress and innovations. A country with a high innovative capacity is one whose institutions - educational, economic, political, legal, and so forth - allow it to dynamically and continually generate new products and services in a myriad of sectors. These are the way how China is likely to be able to sustain her economic development.

A Study on the Jus Rerem Law and Arbitration Law of China (중국(中國)의 중재제도(仲裁制度)에 관한 관견(管見) - 중국(中國) 물권법(物權法)의 제정(制定)을 중심(中心)으로 -)

  • Kim, Yong-Kil
    • Journal of Arbitration Studies
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    • v.17 no.3
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    • pp.121-143
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    • 2007
  • The law of Jus Rerem of China enacted on March 16, 2007 came into force from October 1st, 2007. China has enacted the law of Jus Rerem. This means that all three nations of Northeast Asia have formally and substantially similar legal terms and conceptions. Therefore, they will be reciprocally influenced on the legal matters related Jus Rerem. In the year 1949 when China, as a communist country, was originally established without the private ownership system, the law of Jus Rerem was not introduced. Since the reform and the open-economy policy in the year 1978 came into force, it has become important that newly acknowledged private property has been stipulated by the law of Jus Rerem. Arbitration Law of China is enacted on August 31th, 1994 and came into force from September 1st, 1995. It is a basic law which rules Chinese arbitration system. China has enacted the law of Jus Rerem, "conformed with the 21st century", by solving a lot of issues in dispute. A socialistic idea, a traditional Chinese idea and realistic conditions of the market economy were integrated into the law of Jus Rerem. It would have a very good effect on the growth and prosperity of China.

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The Key Factors of Successful Foreign Direct Investment (FDI) in China

  • Wei-Keon ZHANG
    • The Journal of Industrial Distribution & Business
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    • v.14 no.11
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    • pp.27-35
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    • 2023
  • Purpose: China's economy has changed considerably in recent decades. By delivering a comprehensive knowledge of the elements that support successful foreign direct investment (FDI) in China and practical insights for multinational firms operating in this dynamic environment, this research offers a new perspective and sets itself apart from previous studies. Research design, data and methodology: It is necessary to give a thorough overview of the body of information on successful FDI in China, which justifies the adoption of a systematic literature review. The study may use a wide range of studies because of this methodology, which guarantees that inferences have a solid and supported basis in data. Results: The findings in the present study have clarified how China's government policies and regulatory framework affect foreign direct investment (FDI). Previous studies have indicated that regulatory changes can significantly impact FDI. For instance, more foreign direct investment (FDI) has been drawn to liberalized industries such as technology and finance. Conclusions: In conclusion, for foreign direct investment (FDI) to be successful in China, it is essential to consider these four factors: local partnerships and cultural adaptation, market research and entry strategy, regulatory environment and policy support, and risk management and contingency planning.

Current Status, Future Trend and General Policies of Forestry in China

  • Cheng, Ming;Chun, Su-Kyoung
    • Proceedings of the KSFDT Conference
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    • 2006.04a
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    • pp.99-113
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    • 2006
  • With the economy reform carried on deeply step by step, forestry industry is playing a more and more important role in the country's economy. How to use the limited resources to make the largest economical benefit is a key point for the industry development, however it is exciting that our forest resources is on sustainable development gradually and forestry output value is also increasing every year, input and export volume is enlarged fast, add to reasonable strategy, no doubt that China's forestry can achieve a prosperous future.

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Small Business of Korean Chinese : The Case of Two Korean-Chinese Enclave Economy in Shenyang City (조선족의 자영업 활동 : 심양시의 두 조선족집거지경제를 사례로)

  • Lee, Dong-Jin
    • Journal of the Korean association of regional geographers
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    • v.14 no.5
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    • pp.507-520
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    • 2008
  • The two districts, 'Xita' and 'Manrong' in Shenyang City, the cases of this study, form ethnic enclave economies revolving around small business enterprises run by Korean Chinese. This ethnic enclave economy appeared as Korean Chinese came to have 'double ethnic resources'-Korean Chinese and Koreans living in China, and to play the role of middlemen. This was helped by the Chinese government's encouragement(to attract the capitals of South Korea), and the experiences of Korean Chinese who had played in South Korea. This 'double ethnic enclave economy' has put Korean Chinese in a position where they cooperate with Koreans in China on the one hand, but are forced to compete with them on the other. For the development of a Chinese Korean economy, therefore, it is needed to enhance the cooperation with Koreans living in China within the ethnic enclave economies and at the same time to increase economic activities outside of the enclave economy.

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The Study on the Change of Rural Housing around Xiao-He-Long Town, Yian-Ji-Shi in China (중국 연길시 근교 농촌주택의 변천에 관한 조사연구 -하룡촌 소하룡(小河龍)마을을 중심으로-)

  • Lin, Jinhua;Kim, Taiyoung;Choi, Hyoseung
    • Journal of the Korean Institute of Rural Architecture
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    • v.7 no.1
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    • pp.61-72
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    • 2005
  • The dwelling transformations of Xiao-He-Long town have been begun with China Economy Policy in 1904. The characteristics of change progress are as follows ; 1. As with pine tree living for a thousand years and increasing profits nearby Yian-Ji-Shi, Xiao-He-Long town as rural district has changed in appearance. 2. In accordance with improvement of rural life after China Reformation and Open Economy policy, residents have a tendency to secure a minimal house site area $400{\sim}500m^2$, and a spacious house which is able to consist barns for farming. 3. Dwelling plan type If Korean-Chinese consists of 'whetongjib, 6 module of Korean traditional unit. 'Whetongjib' has undergone with a corridor attached in porch, main entrance from south to north. 4. Construction materials as structural members bring about a change as result of influencing economic profits nearby Yian-Ji-Shi.

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