• Title/Summary/Keyword: Economy of the China

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The Consider of China's Great Strategy Change in the Present Age (현대 중국의 대전략 변화 고찰-신 중국 성립 이후 역대 영도자의 사상을 중심으로)

  • Choe, Gyeong-Sik
    • Journal of National Security and Military Science
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    • s.3
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    • pp.121-167
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    • 2005
  • The great strategy of China has been changing depending on the time, change of surrounding environment and personality of leaders of the time. However, the process of the change was not the drastic change but has maintained the consistency through the course of modification and development. The great strategy of Mao Ze-dong was to have the objective in 'World Great Nation' with the facilitation of the 'Surpass Strategy' and 'Autonomy, Independence and Alliance strategy' to successfully build up the political great nation, but he entrapped China's politics and economy into the point of no return by excessive war preparation under 'The Principle of Inevitable World War', striving of rapid communism and other policies. The Deng Xiao-ping era also targeted for ‘World Great Nation’ but, unlike Mao Ze-dong, he had the foundation in the 'The Principle of Evitable World War' and undertook the ‘Peace and Development Strategy’ and ‘Peaceful Coexistence' to build up the advantageous surrounding environment for China to focus on the economic construction as the core of the nation by establishing ‘The Reform and Opening Strategy’ and 'Three-step Development Strategy‘ to have the successful soft landing of the Chinese economy with the astonishing economic development. The system of leader's group of China after Deng Xiao-ping succeeded the practical and realistic spirit of Deng Xia-ping, and based on the drastically grown economic strength, the great strategy of China is on the ‘The Great Reinvigoration of Chinese Nation’. This is one step further from the strategy of 'World Great Nation' of the past that it embraces all the minority races in China, Chinese economic sphere, foreign citizens of Chinese origin as well as Chinese residing abroad. China contemplates the time of making 'The Great Reinvigoration of Chinese Nation’ in 2050, 100 anniversary of the birth of new China.

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Asset Price Volatility and Macroeconomic Risk in China (资产价格波动对中国宏观经济风险的影响)

  • Jishi, Piao;Mengjiao, Liu
    • Analyses & Alternatives
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    • v.3 no.1
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    • pp.135-157
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    • 2019
  • The linkages between asset prices and macroeconomic outcomes are long-standing issue to both economists and monetary authorities. This paper explores the impact of asset prices on output and price in China. It focuses on the impacts of asset prices on the low quantiles of GDP gap and high quantiles of price gaprespectively. The main findings are the following: the influence of stock price gap, stock returns, and money growth on the different quantile of GDP gap and price gap are noticeable different, and there are significant impacts on the left tail of GDP gap distribution and on the right tail of price gap distribution. This implies that the results coming from simple regression will underestimate the economic risk imposed by asset price volatility. Moreover, these results also provide the caveat that one should cautiously distinguish the meaning of asset price gap and asset price growth rate and use them, through their contents are similar in some sense. One implication for monetarypolicy is that authority should interpret the relationship between asset prices and macro-economy in wider perspectives, and make the policy decision taking the impacts of asset prices on the tails of economy.

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Study on Logistics Industry Cooperation between Shandong and South Korea

  • Li, Xiaopeng
    • The Journal of Industrial Distribution & Business
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    • v.3 no.2
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    • pp.23-27
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    • 2012
  • Purpose - The objective of the paper is to explain the economy and trade development between South Korea and Shandong, strengthening logistics Industry cooperation of both sides increasingly important. Research design, data, methodology - The study conducted a survey on Shandong is the earliest economy and trade exchanges with South Korea in China. Shandong and South Korea share the similar geopolitical, the same culture and long exchange history etc. Results - This study explores current situation and existing problems the logistics cooperation between Korea and Shandong, and recommendations so as to further trade between two sides. Conclusions - Logistics cooperation of China and South Korea is an important part of the international logistics cooperation in Northeast Asian Economic Circle, and the logistics cooperation between Shandong and South Korea occupies an important position in logistics cooperation of China and South Korea.

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Studies on Port Development Strategy in Shanghai, China

  • Kim, Jin-Hwan
    • Journal of Distribution Science
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    • v.15 no.1
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    • pp.7-14
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    • 2017
  • Purpose - The purpose of the paper is to examine development strategy that Shanghai port has practiced, and to take out some productive implications to be applied to other port. Research design, data and methodology - The research methods to be applied is first to look into some development progress in terms of trade volumes, and then to review development strategy that is classified with two different aspects, and finally to identify implications. Results - Following the change of economic environment that China has joined to WTO, the way of doing business in Chinese economy has transferred to market economy more closely. Trade volume is higher than before and it attracts to build national infrastructure including port. Development strategy has to be needed to take care of newly faced economic situations, within two aspects, hardware and software approach. Both construction and management are answer to competitive port of Shanghai. Conclusions - From the development strategy of Shanghai port, hardware and software aspects should be emphasized, and it is evident that both trade volume of shipping market and the willingness of port authority have to be getting along with each other in development strategy.

Collaborating for Science and Technology Under "One China, Two Systems"

  • Jeong, Seonphil
    • STI Policy Review
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    • v.5 no.1
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    • pp.98-111
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    • 2014
  • Since Deng Xiaoping's implementation of the "One China, Two Systems" policy, mainland China and the other Chinese regions of Hong Kong and Macau have cooperated in various ways to work towards successfully developing China's overall economy and industries. Particularly, cooperation between Guangdong Province and adjoining Hong Kong have been contributing to China's development, and this study explores their industry conditions including their current two governments policies designed to promote collaboration. The two partners were in a cooperative relationship even before the handover of Hong Kong, beginning with a "front shop, back factory" model built on their respective comparative advantages in labor-intensive industries in the 1980s. This cooperation effectively propelled the Pearl River Delta Region's industrialization process and enabled Hong Kong to transform from a manufacturing industry-based economy to a service industry-based economy. From the early 2000s, Guangdong and Hong Kong diversified their collaboration project from culture to high-tech. Also, both authorities produced several types of policies not only to promote both industries but also to harmonize their two different economic levels and models. As a result, the Guangdong and Hong Kong economies have developed remarkably well during the past two decades and continue to form future plans that carry plenty of optimism. Nonetheless, this study showed discrepancies between engineers and scientists from the two areas in their perception of their technology and science cooperation. Hong Kong experts were more negative in their responses but noted some successes of the collaboration, while Guangdong's group showed overall positive responses. This difference results from an unbalanced role in cooperation. Hong Kong's side responds to cooperation plans and takes on leading roles with more frequency than Guangdong's side in actual cooperation project processes.

Chinese Neo-liberalism's the prospect of contemporary and that's theory (중국신자유주의의 현실인식과 그 이론)

  • Kim, Tae-yong
    • The Journal of Korean Philosophical History
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    • no.27
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    • pp.255-292
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    • 2009
  • This thesis is to study on the prospect of contemporary and theory of contemporary Chinese Neo-liberalism philosopher in the 1990s. The previous Chinese liberalists focused only on political and cultural liberalism, neglecting economic liberalism. As a result, liberalism has not taken root in China. Therefore, the social problems of contemporary China are caused by immature and unregulated market economy controlled by the government, not by the market economy. On the other hand, the social relationship in China is not capitalistic yet. The Chinese need to take the gradual developing step to modernize China. China needs to begin an effort to reform China by the way and speed of the refolution, which lies between reform and revolution; not by making new value system, but by keeping daily ethics and rediscovering the Chinese value system, which is the same as universal ethnics. Moreover, it can solve the mental, cultural problems of modern society. Modernization will be achieved not by ruining the Chinese traditions, but by adjusting the traditions, keeping, and strengthening. Consequently, China will be able to move from agricultural absolutism to modern democracy. The democracy can exist only based on the market economy. Therefore, the goal will be accomplished by democracy based on the market economy starting from Confucian tradition.

A survey for research and application of quality science in CHINA

  • Xu, Jichao
    • International Journal of Quality Innovation
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    • v.1 no.1
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    • pp.38-57
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    • 2000
  • Quality science may be defined as the subject promoting both quality and productivity, which may include quality management, quality engineering and technology innovation. The research and application of quality science have been in existence for many years in China. This report first reviews its recent history as well as the analysis of the status quo. Finally, a prospectus and comments section for the future of quality science points out the development trends and its significant effectiveness on China's modem economics.

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STUDY ON THE AGRICULTURAL MECHANIZATION SERVICE SYSTEM CONSTRUCTION IN GUANGDONG PROVINCE

  • Shengmin, Liu
    • Proceedings of the Korean Society for Agricultural Machinery Conference
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    • 1993.10a
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    • pp.192-196
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    • 1993
  • Following the transfer of China's economy from planning to market economy, it is necessary to develop and strength the service system for agricultural mechanization . The current situation of the service system was investigated and some suggestions are proposed in this paper.

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The China's Strategy against Korea-China FTA and its Policy Implications (중국(中國)의 한중(韓中) 자유무역협정(自由貿易協定) 추진전략(推進戰略)과 정책적(政策的) 시사점(示唆點))

  • Ku, Ki-Bo;Hong, Jung-Ryun
    • THE INTERNATIONAL COMMERCE & LAW REVIEW
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    • v.35
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    • pp.223-247
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    • 2007
  • This paper focused on analyzing the effect against the Chinese Economy of Korea-China FTA and the trend of China-launching FTAs. And then this paper intended to deduce policy implications against the negotiations of Korea-China FTA. The points that Korea should consider in the process of the research and negotiations of Korea-China FTA are as follows: First, it is necessary that Korea should negotiate with China only in terms of the economic sector, excluding non-economic sectors which includes politics, national securities and so on. Second, Korea should put on the lists the every possible sectors that Korea has comparative advantages in. It is essential that the sectors include services in trade, TRIPs, ect. Third, the Korean government should put investment arrangements on the negotiating lists and ask China to afford a special favor to Korean investment In China. Forth, the Korean government should set the level of its tariff, considering the nation's trade deficit that Korea-China FTA will bing about.

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The Present and Prospect of China IT industry

  • Liu, Shin-Il
    • Journal of Korea Society of Industrial Information Systems
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    • v.11 no.5
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    • pp.190-197
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    • 2006
  • China has been aware of the urgent need of developing electronic and information industry in order to improve its productivity. Since 1991, IT industry has been one of the main factors to influence China's economic growth. In the results of the efforts to develop its IT industry, China has achieved average 25% yearly growth rate of IT manufacturing industry since 1991. We will take a look at haw the main IT products' performances was, how the role of IT industry was in China economy and in China's trade and how the prospect of China IT industry will be. However, we need to know that, depending an the different areas, the environment of the China's IT industry will be quite different. In China, the east coastal area has the better environment of technology, menpower, infrastructure, and fund for the development of IT industry and the IT industry of this area is very competitive, comparing with the middle and west area.

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