绿色崛起生态发展

记者:倪行长,您到江西已经快半年了,最大的感受是什么?倪行长:几个月来,我看到了很多,听到了很多,也想到了很多,主要有四点比较深的感受:第一,江西是个好地方.自然资源丰富,铜、钨、银、钽、锂、稀土、铀等举世闻名;历史底蕴深厚,红色文化更是闻名中外,井冈山是中国革命的摇篮,南昌是人民解放军军旗升起的地方,瑞金是第一个苏维埃中央政府所在地,安源是中国工人运动的策源地;生态环境良好,森林覆盖率在全国居前列,有1处世界文化遗产、2处世界地质公园、12个国家级风景名胜区,真是无愧于物华天宝、人杰地灵的美誉.     

加强事务所内部治理机制建设的体会

会计师事务所作为自主经营、自担风险的民事主体参与市场服务,其内部治理机制的合理性和有效性直接影响其自身的经营管理效率和服务水平,也在不同程度上影响着事务所的正常运转和稳步发展。因此,建立符合行业发展的内部治理机制和完善的内部管理制度,对于事务所的发展,非常重要。     

煤炭工业的排头兵

内蒙古自治区煤田地质局(煤炭地质勘查(集团)有限责任公司)是自治区唯一从事煤田地质勘探专业工作的单位,主要任务是根据国家地质勘探计划,综合运用各种手段,在全国范围内进行煤炭地质勘查工作,探明煤炭储量及矿山开采条件,为自治区煤炭工业规划和建设提供地质资料.     

Michael Perelman： An ecological future in view of Marxist Economics （I）

Q1： The reputation of economics rises and falls with the business cycle. In the late 19th century, when capitalism faced what was then called the Great Depression, the world held economists in very low regard. Generally speaking, what do you think about of ＂the Economics of Crisis＂ and ＂the Crisis of Economics＂ concerned in view of Marxist economics？     

中国与东盟四国吸引跨国公司地区总部的税收政策比较研究

东盟的新加坡、马来西亚、泰国和菲律宾四国(以下简称"东盟四国")在运用税收手段吸引跨国公司地区总部方面有很多有价值的经验。本文对比了我国和东盟四国在吸引跨国公司地区总部方面的税收政策,提出我国应该借鉴东盟四国的经验,把吸引跨国公司地区总部纳入国家引进外资的战略框架。     

Deregulation or Governmental Intervention？ A Counterfactual Perspective on China＇s Electricity Market Reform

The long-standing severe power shortage in China has provoked much debate on whether China should further promote market-oriented electricity reform. The present paper addresses this issue by analyzing the impacts of deregulation of the electricity generation sector and retailing activities on other sectors, the macroeconomy and electricity users. A countetfactual scenario analysis is used based on a simplified computable general equilibrium framework. We find that deregulation can significantly improve the efficiency of electricity production, increase employment and enhance household welfare. These nontrivial findings can help to resolve many controversies about governmental intervention during China＇s economic transition. Our findings have two implications relating to policy feasibility and applicability; that is, competition in the electricity retail market shouM be phased in, and the necessary arrangements for unemployment in incumbent firms shouM be considered.     

Strategic Asset Allocation for China＇s Foreign Reserves： A Copula Approach

In this paper, we study strategic asset allocation for China＇s foreign reserves using a risk- based approach. Four aspects of the risk management are investigated： an investment universe, dependence structure, allocation strategies under risk minimization and trade-off between risks and returns. A regime-switching copula model is developed to investigate the dynamic dependence between assets. One regime emphasizes a short-term safe asset and the other regime emphasizes a long-term safe asset. The optimal allocation is derived following two strategies： risk minimization and trade-off between risks and returns in utility maximization with disappointment avoidance, lf the central bank focuses solely on risk minimization, the asymmetries in the asset return dependence encourage the flight to safety. However, if higher risks are allowed in exchange for higher returns, even the exchange is very conservative, and the asymmetries would discourage the flight to safety. Therefore, we suggest that China should mitigate its flight to safety after 2008 and increase holdings of short-term bank deposits, long-term treasury bonds and euro bonds.     

Development in China＇s Foreign Trade： 2003-2012

China＇s foreign trade has entered a new stage, marked by some profound changes since 2003. After 5 years ＇consecutive high growth, China＇s foreign trade experienced a significant slowdown in growth following the onset of the global financial crisis in 2008. The purpose of this article is to present a review of the development in China＇s foreign trade over the past l O years, and to explore important changes that have taken place during this period of time. A majorfinding of the presentpaper is that the traditional forces driving the high export growth in China, that is, low-cost labor, low-cost resources and low-cost money, have been disappearing. The policy implication is that over the next l O-15 years, the most important conditions for sustaining high export growth will be promoting the development and export of private enterprises in traditional heaw industries and high-technology industries, and relying on technological progress and high produc6vity to propel export expansion.