Deng Xiaoping and China's Opening to the Outside World

Mr. Deng Xiaoping's idea of opening to the outside world constitutes the major part of the theory of building socialism with Chinese characteristics. In the past 18 years, all significant progress in China's opening has been achieved under the guidance of Mr Deng Xiaoping, following his idea of opening. 1. Mr Deng Xiaoping opened China's door to the outside world. Eighteen years ago, China was following the path of a closed economy, and people were confined by the old idea of isolation from international intercourse. As a result, China missed time and again the development oppor     

Development of Foreign Financial Institutions in China

Opening to foreign financial institutions is an important part of China's policies of reform and opening to the outside world. The introduction of foreign financial institutions to China and opening of the Chinese financial market to foreign financial institutions has promoted the reform of China's financial system. The presence of foreign institutions has helped China import funds, advanced technology and managerial expertise and financial systems.     

Let China Arbitration Advance towards the World Further and Let the World Understand China Better

It is a great pleasure for me, as the president of CIETAC andCMAC, to write a few words for the first issue of the Arbitration inChina, to introduce China arbitration, especially foreign related arbitration in China (or we may say international commercial arbitration) into world.Arbitration in China has developed a great deal as the same asthat of China economy since China has adopted the open and reform policy in 1979, especially in the mid of 1990th, China international Economic and T…     

60 Years of China＇s Foreign Trade

Since the founding of the People＇s Republic of China 60 years ago, especially its launch of reform and opening up policy 30 years ago, China has achieved great transformation from a closed or semi-closed to an all-round opening up economy. Foreign trade has also made brilliant achievements. Goods and services continue to expand from small to large scale, from low to high quality. After sixty years of hard work, today＇s China is integrating into the world economy with a more open-minded state and more self confidence.     

China's Ship Industry Entering World Market

China's ship building industry has a long history of development. Since the founding of new China, with four decades of construction, especially a decade of reform and opening, its shipbuilding industry has entered a rapid development period. A large industry system with a powerful technical force has made it possible to have a development pattern combining shipbuilding and repairing, diversified economy and tertiary industry so as to serve well domestic and foreign markets for military and civil purposes. The China State Shipbuilding Corporation (CSSC) is a major force of China's shipbuilding industry. Under the direct leadership of the State Council, it has developed into an economic entity     

Forging Ahead Toward a Powerful Stone Producer in the World

The reform and opening has given impetus to the rapid development of China's stone industry, laying the foundations for its development to a higher level, and for the realization of the development target of a powerful stone producer in the world by the year 2010. Its major features are as follows: 1. Production of major products in China's stone industry has witnessed significant growth, leaping to second place in the world and ranking among the world's major stone producers. In 1995, total production of the national granite slabs, marble slabs, terazzos and     

China Becomes the Second Electrification Railway Country

The opening of Zhe-Gan electrification reform projects symbolizes that the total mileage of China's electrification has broken through 24,000 kilometers and lists China the second world largest electrification railway. China Railway Electrification Bureau (Group) Co., Ltd. (EEB), which is called the "National Team", has constructed over 19,000 kilometers, accounting form over 80% of the total national     

Window Opened to the World

It is the 30th anniversary of China to carry out the reform and opening up policy. Before the reform and opening up policy, China had struggled a long time to keep pace with the world. When we looked back on the nearly door-close time, we may feel lucky that there is window opened to .the outside world at the first period of the foundation of P.R.C. that is what we have been already very familiar with today, the China Import and Export Fair, also called the Canton Fair fbr short.     

Inevitable Trend of China's Entry into the World Multilateral Trade System

At the end of 1994, the negotiations on China's re-entry to the General Agreement on Tariffs and Trade(GATT) failed in reaching an agreement, due to the unjustifiable obstructions by a few contracting parties. Many people at home and abroad expressed their regret for this. However, fewer people are doubtful about the prospect that China will eventually become a member of the World Trade Organization. China's past decade or so of reform and opening and eight years of negotiations for re-entry into GATT have     

Twenty Years of China in the WTO: A Win-Win Outcome for Both China and the World

The year 2021 marks the 20th anniversary of China’s accession to the WTO.In the past 20 years,China has been implementing its commitments by opening up its door wider and wider to the outside world.Thanks to its stable development,China has become the driver and stabilizer to the world’s economic growth.     

China's Shipping Market

Since the New China, the nation's ports have been under the centralized control and development program of the Ministry of Traffic, with a separate shipping line. With the growth of the national economy and foreign trade after reform and opening to the outside world, it has become more evident that construction of coastal ports has lagged behind. To catch up, China is opening its     

Handling the Relationship Between Expanding the Open Policy,Using Foreign Capital,and Protecting Domestic Industry and Markets

It has been our consistent policy to expand the opening policy, while using foreign capital reasonably and effectively. Our experience of economic development since China's economic reform and opening to the outside world 20 years ago has shown that implementing the opening policy, participation in the international division of labour and exchange, the use of both domestic and international markets and resources, and the introduction of a foreign market     

China Performs an Important Role in the World Economy

By means of mutual trade and investment, China performs, a more. and more important role in the world economy.As the weekly magazine Economist said: Although the United States stock market bubble broke in 2000 to 2001,the world economy survived from depression due to the strong development of Chinese economy. Both China and the United States are depicted by UN Conference on Trade and Development as two growth engines of the world economy. China is quite different from 20 years before.     

CCPIT Chairman Zheng Hongye on Trade Promotion Work and the Construction of Commercial Chamber

Since the beginning of this year, big strides have been taken in China's reform and opening to the outside world. Coming to fruition are a series of important measures concerning finance, foreign exchange and taxation which attract worldwide attention. Under this situation, what new measures will be taken in China's nongovernment trade promotion work? How can the Chamber of Commerce bring its functions into full play in the socialist market economy? The author of this article interviewed Zheng Hongye, Chairman of the China Council for the Promotion of International Trade(CCPIT) and China Chamber of     

OPENING UP NEW PROSPECTS FOR CHINA'S SERVICE TRADE LED BY TOURISM

Since the launch of the reform, China's service trade has been growing at a much faster speed compared to that of the rest of the country's economy and world trade. In developing commodity trade, we are also engaged in technology trade, service trade and international investment, making efforts to achieve fusion and mutual promotion. Now, we are speeding up the opening of     

China's Economy Approaching the World Economic Track

The year 1993 was the fifteenth of China's reform and opening to the outside. Its economy sustained double digit growth for two years running. Last year, domestic GNP was RMB3,138 billion, a 13.4 percent increase compared with the previous year's 13.2 percent.     

Will China Continue to be the Engine of the World＇ s Economy？.

No one has an answer as to whether China＇ s economy will keep chugging along and remain the engine of the world＇ s economy. I for one am very optimistic as to the country＇ s growth prospects
With economic data consisting of mixed signals, it＇ s really a challenge to definitively know how China＇ s economy is really performing, and where it s headed.     

China's Aviation Market

In the excellent situation of reform, opening to the outside world, development and stability, the China civil aviation transport industry, which plays a leading role in the development of the national economy, is developing steadily. Its speed of development ranks first in the world and is the focus of world attention. In 1994, China's total air freight turnover reached 5.84 billion tons/km, an increase of 14 times compared with that of 1980, an     

World Bank： The Value of China＇s Economy Has Surpassed That of the U.K.

According to the survey by World Bank, China has become the fourth largest economy in the world. According to the two countries＇ economic aggregate data released by China and the U. K., the value of china＇s economy has surpassed that of the U. K.     

Show to the world, show the excellence

At present, the exhibition economy is a wide topical is sue which is much concerned by various cirdes of the society. Sinceour country‘s reform and opening to the Outside world, especially since China‘s entry into the WTO, the exhibition economy is like the rising sun, making rapid progress and creatingaln unprecedented grand occasion.