Turkey's Hope

Turkey, lies southeast of Europe on the tip of western Asia, the country enjoys both a historical bond and deep friendship with China.With their respective locations on the west and east ends of the ancient Silk Road, Turkey and China have a long history of political, cultural and trade relations.……     

Turkey's Hope

Turkey,lies southeast of Europe on the tip of western Asia,the country enjoys both a his- torical bond and deep friendship with China. With their respective locations on the west and east ends of the ancient Silk Road,Turkey and China have a long history of political,cultural and trade relations. Ms.Arzuhan Do(?)an Yal(?)nda(?),President of Turkish Industrialists and Businessmen As- sociation(T(?)S(?)AD),is an elegant lady with rich experience in Sino-Turkey affairs.When T(?)S(?)AD made headlines in the Chinese media, China's Foreign Trade took the opportunity to interview her face to face.     

China Sports Goods Industry:Big but Not Strong

China,though not the largest consumer market of sports commodities,has 20,000-plus producers of sports goods.A reshuffle of the industry to retain the strong ones and eliminate the weak is going on,said Ma Jilong,vice-Chairman of China Association of Sports Goods Industry,during the 30th China Sports Show held from May 17 to 20 in Beijing. Asked about the unique features of this expo,Ma said that it has grown from a pure show of sports goods into one that features sports culture,financing,release of trade standards,and auction of sports collection.Yao Ming attended the show,as an investor instead of a sportsman.Yao said he was interested in some creative mass sports programs initiated by young entrepreneurs. The first day of the show received 20,000 visitors,most of whom are professionals in the industry.There are also foreign visitors,mainly from India,Pakistan,Turkey and the Middleeast.     

Iran the Beating Heart of ASIA

Iran is a vast country covering 1,648,000 square kilometers in southwestern Asia.Its neighbors are Turkmenistan,Azerbaijan and Armenia on the north,Afghanistan and Pak- istan on the east,and Turkey and Iraq on the west.Iran's southern borders are all bathed by the indigo-colored waters of the Persian Gulf and the Sea of Oman,which assure its access to open seas,and a large portion of Iran's northern borders lie by the Caspian Sea. Iran is the origin of a bright and rich culture.In the Anterior Geographer's opinion, this land is counted as the center of seven ancient countries and the moderate continent. Iran is a vast land and has such a variety of climates that all four seasons can be found in different parts of it concurrently... By Editor     

RMB Exchange Rate Reform：Past and future

With the deepening of China＇s financial reform, economic development and the enforcement of market roles, the RMB exchange rate needs to become more flexible and become a more sensitive reflection of the changes in market supply and demand. Under such circumstances, on July 21, the People＇s Bank of China announced that the previous system where China＇s RMB was pegged to the U.S. Dollar would be changed to include a basket of foreign currencies, shifting China＇s exchange rate system into a managed floating exchange rate regime based on market supply and demand.     

Minister of Commerce Advocates Harmony Rather Than Trade Disputes

Bo Xilai, Minister of Commerce, indicated China‘s stance on the issue of textile disputes with the United States of America(USA) and the European Union(EU) in a press conference of the State Council on May 30. 　　China will not accept the Overall Arrangement Bythe USA, nor the Guidelines for the use of safeguards on Chinese textiles exports to the EU. Bo stated that the USA and the EU base their limits on China‘s textile on the quote of the Paragraph 242 of Report of the Working Party on the Accession of China, but the quote is groundless and incorrect. 　　……     

Guangdong Companies Talk Wages

Wages are on the rise again in Guangdong, a big exporting province, and across much of the rest of China. In recent months, there has been much anecdotal evidence of labour shortages and wage hikes on the southern and eastern coasts. We showed a while ago that the labour market had made a surprising V-shaped recovery in coastal areas and was also strengthening in central and western China,     

On the Development of China's Land Oil Industry

Mr. Wang Tao, President of the China National Oil and Natural Gas Corporation, briefed this reporter on his thoughts on the development of China's land oil industry. From the present to the turn of the century, said Wang Tao, is a critical period in the reform and development of the land oil industry in China. Our basic thoughts on the development of China's land oil industry from now on are: to blaze a new trail of better commercial efficiency and rapid development by making economic efficiency upgrading the aim, and oil and gas production and operation the main     

Minister of Commerce Advocates Harmony Rather Than Trade Disputes

Bo Xilai, Minister of Commerce, indicated China‘s stance on the issue of textile disputes with the United States of America(USA) and the European Union(EU) in a press conference of the State Council on May 30. China will not accept the Overall Arrangement By the USA, nor the Guidelines for the use of safeguards on Chinese textiles exports to the EU. Bo stated that the USA and the EU base their limits on China‘s textile on the quote of the Paragraph 242 of Report of the Working Party on the Accession of China, but the quote is groundless and incorrect. In the meantime, Bo stressed that Chinese tradition advocates“Harmony Goes First”. When doing business, harmony brings wealth.     

The 14th Five-Year Plan Starts A New Journey to A Modernized Socialist Country

2021 is a year of special importance in China’s modernization process,since it is the first year of the 14 th Five-Year Plan and the start of a new journey to build a modern socialist country.In a period of five years,the Five-Year Plan specifies future direction for economic and social development in China,and is an important way for China to carry out development strategies and build consensus on development.     

中国与拉美国家贸易摩擦：动因及应对之策

近年来,中外贸易摩擦的主体逐渐由原先的发达国家转为包括印度、土耳其和拉美等发展中国家。虽然从贸易摩擦案件涉及的数量和金额来看还远小于发达国家,但是从长远的战略意义上来看,其影响要远远大于发达国家。从现实状况入手剖析贸易摩擦的产生动因,应对中拉贸易摩擦政府要转变经济增长方式,适时调整对拉美出口战略,采取更灵活的经贸合作形式;企业要提高应对贸易摩擦的能力,加大对拉美的直接投资。     

基于CMS模型的中国纺织品服装出口分析

本文利用恒定市场份额模型对1992年以来中国纺织品服装出口情况进行了分析,并与土耳其、印度和巴基斯坦做了横向对比。研究结果表明,中国纺织品服装出口的增长是进口市场的结构效应、自身的竞争效应以及结构与竞争力的交互影响的二阶效应共同作用的结果。其中竞争效应是带动当前中国纺织品服装出口增长的主要因素。土耳其、印度和巴基斯坦纺织品服装出口的增长主要是由于市场需求规模的扩大,其次是竞争力效应,二阶效应的作用非常小。     

美国家电百思买 中国大撤退

<正>2011年2月27日,星期天,上海白天的气温骤然升至20摄氏度。百思买(Best Buy)中国区总裁宋大卫(David Sisson)却不合时宜地穿了件过于宽大的黑色厚羊毛大衣,眼睛发红。     

世界板栗的贸易格局分析

世界板栗的生产和出口都比较集中,中国、韩国、意大利和土耳其既是主要生产国同时也是主要出口国,这四个国家的年出口量占世界的90%以上。板栗贸易具有明显的地域性,不同国家板栗出口价格差异明显。我国是世界板栗的最大出口国,研究世界板栗进出口贸易格局,分析国际市场的需求和竞争特点,有利于保持和发展我国这一传统产品在国际市场上的竞争力。     

The EU and Turkey—Economic Effects of Turkey’s Full Membership

Since October 2005 the EU and Turkey have been negotiating the accession of Turkey to the EU. In June 2006 they reached agreement on the provisional closure of the “science and research” chapter, a matter which was relatively easy to handle. Thirty-four chapters remain to be negotiated, indicating that the path to Turkey’s full membership will be a long one. What are the main economic challenges facing both Turkey and the EU?     

Turkey and the EU: On the costs and benefits of integrating a small but dynamic economy

Conclusions  Seen on the whole, one of the biggest economic challenges for Turkey is to make its recent macroeconomic stabilisation sustainable. Of utmost importance in this respect is a significant catch-up in quality of institutions and governance to the EU level. Although starting with a small GDP, Turkey could significantly contribute to high growth rates of the EU as a whole (as already aimed at by the Lisbon agenda). The analysis of Turkey's human resources has identified a large gap in human captial formation and its centra role for backlogs in convergence between Turkey and the EU. Hence, one important policy conclusion would be to link up pre-accession financial support with the accumulation of human capital instead of the usual support for standard infrastructure projects. Another example would be in the area of trade integration. For instance, enhancing the currently existing customs union with Turkey in the direction of free trade in services would generate benefits to Turkey and to the EU which should not be underestimated. Finally, one could imagine the implementation of joint and specific transition policies in the areas of energy, agriculture and education. If Turkey is able to stick strictly to its reform-oriented path of modernisation, nothing can prevent us from expecting enormous benefits from the integration of two regions with significantly different factor endowments — a straightforward economic insight not often well understood by politicians or the public.     

Telecommunications Policy Reform in Turkey

This paper, considering the economic effects of liberalisation in the telecommunications sector on the Turkish economy, makes use of the empirical studies on the linkages between regulatory regimes and telecommunications prices. Since Turkey is trying to liberalise the telecommunications sector by following the EU approach to liberalisation, the paper considers briefly the regulatory regimes in the telecommunications sectors of the EU and Turkey, determines the ad valorem equivalent of barriers to the telecommunications services sector in Turkey, and derives estimates of the welfare effects of adopting the EU rules and regulations in the Turkish telecommunications sector. It shows that there is tremendous scope for Turkey to benefit from adopting and implementing the legislative, regulatory and institutional framework of the EU telecommunications sector.     

The Trade Effects of the EU–Turkey Customs Union

In the present study we argue that the salient features of both the EU‐15 countries and Turkey are conducive to making the effects of the 1995 EU–Turkey customs union asymmetric among the incumbent EU countries. In order to support our argument we rely on a model in which trade involves the exchange of vertically differentiated products. This model generates the prediction that the more contiguous an incumbent country is to the joining country in terms of technological sophistication, the larger will be the crowding out of this country's exports to the other incumbent countries as a result of the CU expansion. Using a gravity model we estimate the effects of the customs union between Turkey and the EU‐15 by differentiating between exports from (a) lower‐technology EU‐15 countries (we term this group of countries ‘South’) to higher‐technology EU‐15 countries (the ‘North’), (b) North to South, (c) South to Turkey, (d) North to Turkey, and (e) Turkey to EU‐15. Our econometric results indicate that, in contrast to North's exports to the other EU‐15 countries (which have remained intact), the Southern countries’ exports to the other EU‐15 countries have declined as a result of the CU. Moreover, the extra penetration of the Turkish market by the EU‐15 countries has not been more favourable to the Southern group.     

Turkey’s development strategy in the light of the economic development of Europe

The Turkish Government intends to apply for EC membership later this year. The prospect of accession was opened to Turkey already by the EC association agreement of 1963. The world-political events pivoting on Afghanistan have greatly improved the chances for Turkey’s admission to the EC—despite all the economic problems which Turkish membership involves for the EC and for Turkey itself. Prof. Gumpel analyses these problems here.     

Interactions between tourism and financial sector development: evidence from Turkey

This article aims to examine the interactions between tourism growth and financial development in Turkey, which is a top tourist destination and has developed a well-functioning financial system over the last decade. The results confirm a long-term association between tourism development and financial development; foreign direct investments and foreign trade also impact this interaction. According to the results, tourism expansion in Turkey is mainly influenced by financial markets. The results also reveal that in Turkey, changes in tourism volume precede changes in financial volume. Thus, the major finding of this study is that tourism development and financial development in Turkey have a long-term and reinforcing interaction.