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Dong Ximiao: City commercial banks fix shortcomings via Internet
After many years` development, the city commercial banks have become an important part of the financial system. Combined with its own advantages, the city commercial bank seeks the differential development, makes full use of new technologies such as the Internet, and also lays emphasis on such less developed fields as small and micro businesses and three rural issues (agriculture, rural areas and farmers), to positively fix the shortcomings against the background of reducing deposit and loan int
2016-05-11 -
He Weiwen: China`s Consumer Prices up, Producer Prices down
China`s consumer price index (CPI), a main gauge of inflation, grew 2.3 percent year on year in April, flat from the previous two months.
2016-05-11 -
Chen Dingding: Fear and Honor: The Other Side of US-China `Thucydides Trap`
The debate over the “Thucydides trap” has been one of the hottest trends among watchers of U.S.-China relations in recent years, as top leaders from both countries frequently refer to it as one of the most critical challenges between the two. Most of the time, leaders deny the inevitability of conflict and call for mutual respect and cooperation. They are right that conflict isn’t inevitable, but there remain some common misunderstandings of the Thucydides trap that need to be dispelled.
2016-05-10 -
Liu Ge: Good start may not lead to good results
Even if some internet enterprises are quite alluring, their popularity is different from the technology breakthroughs and innovations that China badly needs. Although the Chinese enterprises have increased their input in research and development, the slow growth of innovation-based yields cannot make up the fast losses caused by the wave of enterprise bankruptcies.
2016-05-09 -
Hu Yuwei was interviewed with CCTV on the global business
Hu Yuwei, a research fellow at Chongyang Institute for Financial Studies of Renmin University of China, was interviewed on CCTV on the global business.
2016-05-09 -
John Ross: China`s Credit Surge Augurs no Restart of Massive Stimulus
Recent official data shows China`s new yuan loans rose to a record of 4.6 trillion yuan or about 712 billion U.S. dollars in the first quarter.
2016-05-06 -
Wang Wen: TTIP is about geopolitics and trade block formations
Fresh trade protectionism is taking shape in new forms, and the unnecessary internal friction in competition between developed countries and emerging economies continues to grow.
2016-05-06 -
Ding Gang: Is Japan’s economic dismay tragedy or lesson?
In analyzing Japan`s economic trajectory, observers often take Japan` economic performance in the past 20 years as a lesson that reminds China not to have its bubble bust and fall into a long-term economic downturn as Japan did.
2016-05-05 -
What would Trump bring on China?
After a landslide victory in Indiana`s Republican presidential primary, Donald Trump has become the Republican nominee in all but name as Ted Cruz dropped out. Global Times invited eight Chinese scholars to comment on the possible influence of Trump`s win to Sino-US relationship.
2016-05-05 -
Zhai Yongping: Closing the development gap through grid interconnection
Like the internet, the global energy internet will not only realize material interconnection, but also deepen exchanges and communications between different economies, cultures and ideas. This will boost mutual trust between the countries and promote stable and peaceful development in a given region.
2016-05-05 -
Liu Zhiqin: Overconsumption could threaten economic stability
Now China is in the process of pursuing supply-side reforms, and this will potentially ease the downward pressure on economic growth.
2016-05-03 -
Wang Yiwei: A new style of globalization: the ‘Belt and Road’ initiative
In his new book "The Belt and Road Initiative: What Will China Offer the World in Its Rise," Wang argues for the unsustainability of the U.S.-dominated globalization and pointed out that the “Belt and Road” initiative proposed by China is a great solution to narrow the gaps, initiate a true and inclusive globalization and become the main theme of the 21st century.
2016-04-29 -
Zhao Minghao: AIIB programs offer fresh chance for Sino-US cooperation efforts
During this year`s annul spring meetings of the World Bank (WB) Group and the International Monetary Fund, the Asian Infrastructure Investment Bank (AIIB) and the WB signed a co-financing framework agreement to jointly fund major infrastructure projects in regions including Central Asia and South Asia. The AIIB in 2016 is anticipated to approve $1.2 billion in loans, with joint projects with WB and Asian Development Bank (ADB) accounting for a sizable share.
2016-04-28 -
Ding Gang: Can economic bond bring China, Japan closer?
My Chinese and Japanese fellows all described the other country as neighbors that cannot be escaped, as a result of which the two can only cooperate. China ranks second in the world economy, sitting between the US and Japan. Politically, we can hardly separate the US and Japan. But economically, we should consider how to make the best of Sino-Japanese relations to serve China`s development.
2016-04-28 -
Li Wangming: Use Green Lottery, Eco-Finance and Internet Plus to Push Forward Eco-Civilization in China
It requires a huge amount of money to build a Eco-civilization. As a rule-of-thumb, one country needs to invest 1% to 1.5% of its Gross Domestic Product (GDP) to prevent its environment pollution from exacerbating. Only when the investment reaches as much as 2% to 3% of its GDP, can this country see an improvement in environment.
2016-04-27 -
He Weiwen: National initiatives drive M&A surge
Driven by the "One Belt, One Road" initiative and "Made in China 2025" strategy, Chinese companies are expanding their outbound merger and acquisition (M&A) activity to optimize their global resource allocation, experts said on Tuesday.
2016-04-27 -
Hu Yuwei: China can avoid ‘Minsky moment’ through reforms
Even though the recent wave of default incidents has increased market volatility in the short run, as long as this wave of bond defaults doesn`t trigger systemic financial risks, such cases will actually help to foster the healthy development of China`s bond market in the long run, because investors will have a better understanding of it, and will be more inclined to conduct due diligence beforehand.
2016-04-26 -
Dong Ximiao: Quick Pass churns payment market
The purpose of financial sector to develop mobile payment service should be serving people`s livelihood and benefitting the public, the payment methods provided by Samsung and others have enriched mobile payment market and provided multiple choices for consumers, so they can become the initiative selections in the natural market competition.
2016-04-25 -
Ding Gang: Faltering Brazil a lesson for Asia
Now the previous star of the BRICS is plagued by economic collapse. But analysts mostly focus on political and economic factors, and ignore the unsustainable impetus for development caused by dwindling manufacturing.
2016-04-21 -
He Weiwen: Newest Blueprint Presents 5 Areas of Opportunities for U.S. Businesses
The just concluded NPC Session and Chinese Premier Li Keqiang’s Report on Government Work have given a clear, comprehensive picture of the Chinese economy for the next five years. At the backdrop of a persistently weak and uncertain world economy and continuing downside pressure on Chinese own economy, the world second-largest economy will keep an annual growth rate of 6.5% for the 13th Five Year Plan (2016-2020), only marginally lower than last year’s 6.9%.
2016-04-20
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