The Development Strategy and Innovation System in China

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "The Development Strategy and Innovation System in China"

Transcription

1 The Development Strategy and Innovation System in China Professor YANG Qiquan Chinese Academy of Science and Technology for Development MOSCOW Oct.1, 2009

2 Introduction: Although globalization has obtained unprecedented development, scientific and technological knowledge are not equally utilized among different countries and peoples. Based on the discrepancy of the knowledge development, some countries maintained a sustained and rapid development, and took the lead in world s economic development, while some other countries failed to achieve an equivalent significant development, and even gradually becoming marginalized.

3 innovative countries Group1:Some countries, like oil producing countries in the Middle East, mainly depend on rich natural resources to increase their national wealth. Group 2: In some Latin American countries, their economy is attached to the capital, market and technology of developed countries. Group3: And some countries, based on the absorption of advanced technology of other countries, regard initiative innovation as national strategy, and form a strong international competitiveness. The last group of countries are called innovative countries in the international academic community. The innovation composite index of these countries are obviously higher than the other countries, scientific and technological innovation become the predominate strategy for development.

4 20 innovative countries in the world 创 新 能 力 指 数 * (2001 年 ) 俄 罗 斯 斯 洛 伐 克 中 国 捷 克 匈 牙 利 芬 兰 法 国 加 拿 大 英 国 荷 兰 新 加 坡 比 利 时 新 西 兰 以 色 列 意 大 利 奥 地 利 西 班 牙 澳 大 利 亚 冰 岛 韩 国 德 国 瑞 典 日 本 丹 麦 爱 尔 兰 美 国 瑞 士 挪 威 ,000 20,000 30,000 40,000 50,000 人 均 GDP( 美 元,2001 年 )

5 1. Building an innovative country is an inevitable choice for China s development. 1.1 The goal of building a well-off society in an allround way determined China should take the path of building an innovative country. 1.2 The special national conditions determine China should take the path of building innovative country. 1.3 The need to assure national defense security and economic security determined China should take the path of building innovative country.

6 1.1 Building a well-off society in an all-round way determined China should take the path of building an innovative country By 2020, China s GDP will be quadrupled than that in 2000; per capita GDP will increase from 1000 US dollars to 3000 US dollars. International experience shows that it is the key period to realize industrialization. Marginal contribution ratio of the traditional factors of production like labor force, capital and land resources for economic development is going to decline, and innovation will gradually become the predominant factor for supporting and leading economic and social development. Therefore, the basic task of economic development during this period is to largely improve innovation ability, and to accomplish the transformation from factor-driven development to innovation-driven development step by step.

7 1.2 The special national conditions determine China should take the path of building innovative country How to settle the employment of our abundant labor forces, especially the employment of surplus rural laborers smoothly in a short time is an issue that never occurs in the world s development history. China s industrialization is faced with severe and urgent restriction of the bottleneck of resources and the pressure of ecological environment. We must not overuse our resources and polluting before administering it.

8 1.3 The need to assure national security determined China should take the path of building innovative country With the development of national economy, we will meet more and fiercer external influence and strikes. The lesson of financial crisis in is also very profound.

9 2. The guidelines of China s science and technology development. Strengthen indigenous innovation Achieve leapfrog advances in key areas of science and technology Support and guide coordinated economic and social development

10 3. The objectives of China s science and technology development By 2020, China will become an innovative country, and will be one of the important technological innovation centers in the world. The ratio of input in research and development to GDP will reach 2.5%. By 2020, the ratio of dependence on foreign technology will reduce to under 30%. Citation numbers of international scientific papers will enter top 5. The number of patents for invention will enter top 3 in the world.

11 4. The key tasks of China s science and technology development 4.1 Train of thought for science and technology development 4.2 The general plan of China s science and technology development

12 4.1 Train of thought for science and technology development Give priority to energy development, water resources and environmental protection technology; Regard proprietary intellectual property rights of equipment manufacturing industry and core technology of information industry as the key for the breakthrough of China s industrial competitiveness. Regard biotechnology as the focal point for high-tech industry in the future Accelerate the development of aerospace technology and marine technology. Reinforce the research on basic science and frontier technology, especially cross disciplinary research.

13 4.2 The general plan of China s science and technology development The outline proposes 11 key fields of national economy and social development, and focus on 68 priority topics which can probably obtain breakthrough in the near future; Aim at national objectives, implement 16 major projects, such as large aircraft, high resolution earth observation systems, manned space program and lunar probe program etc. The outline mainly focus on 27 frontier technologies in 8 fields of technology, 18 basic scientific questions, and proposes the implementation of 4 major scientific research projects. Deepen the institutional reform, improve policies and measures, increase science and technology input, strengthen the cultivation of talents, promote the construction of national innovation system,

14 5. Reform of S&T regime and national innovation system building in China An enterprise-centered technological innovation system with combination involving production, education and research; A knowledge innovation system with combination involving scientific research and higher education, A national defense innovation system with army-civilian combination; A regional innovation network with different industrial characteristics; A socialized and networking sci-tech intermediary service system. The network of the five parts

15 5.1 Enterprise-centered technological innovation system. In national innovation system, enterprise should be the main part of R&D input, technological innovation activities and the application of innovation achievement. Enterprises input of R&D in China increased notably. Innovation is becoming the key factor to improve the core competence of enterprises.

16

17 R&D expenditure of Enterprises in China

18 Analyze R&D input by the enterprises ownership R&D funds (billion Yuan) Proportion (%) R&D funds (billion Yuan) Proportion (%) All domestic enterprises State owned and state holding enterprises State-owned enterprises Other enterprises

19 The increment speed of foreign enterprises is obviously higher than domestic enterprises 2000 年 2004 年 R&D funds (billion yuan) Proportion (%) R&D funds (billion yuan) Proportion (%) annual growth rate (%) All enterprises Domestic enterprises Foreign enterprises Foreign investment enterprises Hong Kong, Macao, and Taiwan investment enterprises

20 5.2 Reform of the governmental R & D institutes Overall development of governmental research institutes. Reform of governmental technological development institutes. Reform of governmental social benefit scientific research institutes knowledge innovation project of Chinese Academy of Science

21 Overall development of governmental research institutes Compared with 1999, in 2004, the proportion of government research institute R&D personnel in the national total reduced from 28.4% to 17.6%, while the collect of money of the government R&D institutes increased from 52.4 billion Yuan to 78.9 billion Yuan, with an annual growth rate of 5.3%, funds from government department increased the fastest, with an annual growth rate of 9.3%, and the proportion increased from 62.9% to 75.5%. the number of papers of R&D institutes included by SCI, EI and ISTP increased with an annual growth rate of 16.33%. The number of patents granted increased from 2573 in 1999 to 4137 in 2004, with an annual growth rate of 9.9%.

22 Reform of governmental technological development institutes. Till now, 376 technological development institutes under departments of state council and 700 local technological development institutes have completed the transformation. in the year 2004, the scientific and technological input increased by 21% compared with The scientific and technological fund from government was 1.1 billion Yuan, increased by 30% compared with 2000 the scientific and technological revenue from enterprises was 7.1 billion Yuan, increased by 60.5%

23 The changing of the R&D expenditure on GRIs ( ) 100 million yuan 600 Current price Real price

24 The R&D personnel on GRIs and the average R&D expenditure per R&D personnel ( ) R&D personnel (thousand person-years) Scientists and engineers R&D expenditure per capita (thousand per person-years)

25 A classification Reform for the governmental social benefit research institutes In 2001, China launched classification reform for the 265 social benefit scientific institutes under central government. Those scientific institutes with market-driven ability turned into enterprises. Government provides strong financial support for those public welfare scientific institutes which can hardly make profit. These institutes are managed and operated as nonprofit-making scientific research institutes.

26 THANK YOU

Study on Driving Force of Economic Growth in Beijing and Outlook on Prospect of Economic Growth during 11th Five-year Plan Period

Study on Driving Force of Economic Growth in Beijing and Outlook on Prospect of Economic Growth during 11th Five-year Plan Period Study on Driving Force of Economic Growth in Beijing and Outlook on Prospect of Economic Growth during 11th Five-year Plan Period Research Group Beijing Municipal Bureau of Statistics,China August 31,2006

More information

Forecasting Chinese Economy for the Years 2013-2014

Forecasting Chinese Economy for the Years 2013-2014 Forecasting Chinese Economy for the Years 2013-2014 Xuesong Li Professor of Economics Deputy Director of Institute of Quantitative & Technical Economics Chinese Academy of Social Sciences Email: xsli@cass.org.cn

More information

A Study on China s Economic Transformation and the Innovation of Marketing Strategy

A Study on China s Economic Transformation and the Innovation of Marketing Strategy 1084 A Study on China s Economic Transformation and the Innovation of Marketing Strategy Jiang Wenqin, Xu Yanfeng Shandong Institute of Business and Technology, Shandong Yantai, P.R.China, 264005 (E-mail:

More information

Innovation and growth in China and India

Innovation and growth in China and India Innovation and growth in China and India Professor Sunil Mani Planning Commission Chair Professor in Development Economics Centre for Development Studies Trivandrum, Kerala, India Email : mani@cds.ac.in

More information

Department of Management Sciences

Department of Management Sciences Department of Management Sciences The so-called management sciences here is an interdisciplinary science which aims at revealing and applying the basic laws of various management activities, in order to

More information

Research on Tax Burden and Industrial Structure Optimization of Guangdong Province

Research on Tax Burden and Industrial Structure Optimization of Guangdong Province Open Journal of Social Sciences, 2016, 4, 108-114 Published Online February 2016 in SciRes. http://www.scirp.org/journal/jss http://dx.doi.org/10.4236/jss.2016.42015 Research on Tax Burden and Industrial

More information

Guangdong Province. By Sophie Lu LUP , 23 th February 2012

Guangdong Province. By Sophie Lu LUP , 23 th February 2012 Guangdong Province By Sophie Lu LUP 011.8-2, 23 th February 2012 Guangdong: highest GDP in China for over 20 years The GDP of Guangdong province ranked first nationwide for 22 consecutive years by 2010,

More information

CHINA SERVICES SECTOR ANALYSIS

CHINA SERVICES SECTOR ANALYSIS CHINA SERVICES SECTOR ANALYSIS China Snapshot Capital: Beijing Population: 1.3 billion (WB 2011) Currency: Renminbi Yuan GDP (constant 2000 US $ billion): 3.5 (WB 2011) GDP per capita (constant 2000 US

More information

6. Gross Domestic Product by Country

6. Gross Domestic Product by Country 6. Gross Domestic Product by Country The economies of the six countries studied for this report have flourished, allowing for the very high growth rates in research and development (R&D) investment and

More information

Opportunities, Challenges and Strategies for the China Market

Opportunities, Challenges and Strategies for the China Market Opportunities, Challenges and Strategies for the China Market Craig Allen, Deputy Assistant Secretary of Commerce for China May 28, 2014 Salt Lake City, Utah Presentation Outline Historic Perspective Why

More information

Evaluation on Scientific and Technological Development of Electronic Information Industry in Guangxi

Evaluation on Scientific and Technological Development of Electronic Information Industry in Guangxi Evaluation on Scientific and Technological Development of Electronic Information Industry in Guangxi Yiwei Xiang & Jun Hong Guangxi University, Nanning 530004, China Tel: 86-771-323-2114 E-mail: hongjunx@163.com

More information

China s Technology Development and Innovation Strategy

China s Technology Development and Innovation Strategy World Resources Institute China s Technology Development and Innovation Strategy Xiaomei Tan, Ph.D. Project Manager China Climate and Energy Program World Resources Institute October 26 th, 2010; CSIS

More information

Comparative Analysis of Shanghai and Hong Kong s Financial Service Trade Competitiveness

Comparative Analysis of Shanghai and Hong Kong s Financial Service Trade Competitiveness Comparative Analysis of Shanghai and Hong Kong s Financial Service Trade Competitiveness Ying Li Longfei Liu Lijun Liang Management School Shanghai University of Engineering and Science China Abstract

More information

National and Regional Contexts: Priorities, Capabilities, and Strategies. Nirmala Rao Dean, Graduate School The University of Hong Kong (Hong Kong)

National and Regional Contexts: Priorities, Capabilities, and Strategies. Nirmala Rao Dean, Graduate School The University of Hong Kong (Hong Kong) National and Regional Contexts: Priorities, Capabilities, and Strategies Nirmala Rao Dean, Graduate School The University of Hong Kong (Hong Kong) China s 12 th 5-year plan (Government of the People s

More information

Development of Public Administration in China: Since 1978 Mao Shoulong (Draft)

Development of Public Administration in China: Since 1978 Mao Shoulong (Draft) Development of Public Administration in China: Since 1978 Mao Shoulong (Draft) Since the end of 1978, China s economy has developed very quickly because of the introducing of reform and opening up policy.

More information

Doctoral Education Quality Assurance System of Shanghai Jiao Tong University. Yaguang Wang Nov.14, 2014

Doctoral Education Quality Assurance System of Shanghai Jiao Tong University. Yaguang Wang Nov.14, 2014 Doctoral Education Quality Assurance System of Shanghai Jiao Tong University Yaguang Wang Nov.14, 2014 Contents Ⅰ. Basic Information of Doctoral Education Ⅱ. Quality Assurance System of Doctoral Education

More information

Economic Planning in China by Gregory C. Chow, Princeton University CEPS Working Paper No. 219 June 2011

Economic Planning in China by Gregory C. Chow, Princeton University CEPS Working Paper No. 219 June 2011 Economic Planning in China by Gregory C. Chow, Princeton University CEPS Working Paper No. 219 June 2011 Economic Planning in China Gregory C. Chow This paper provides an up-to-date study of economic planning

More information

The Emergence of Private For-Profit Medical Facilities and their Roles in Medical Expenditures in China

The Emergence of Private For-Profit Medical Facilities and their Roles in Medical Expenditures in China The Emergence of Private For-Profit Medical Facilities and their Roles in Medical Expenditures in China Xiaohui Hou July 9 th IHEA The Evolution of of Public in China Maoist era largest national public

More information

Further Developments of Hong Kong s Offshore RMB Market: Opportunities and Challenges

Further Developments of Hong Kong s Offshore RMB Market: Opportunities and Challenges Further Developments of Hong Kong s Offshore RMB Market: Opportunities and Challenges Zhang Ying, Senior Economist In recent years, as the internationalization of the RMB has been steadily carrying out,

More information

CHINA LIFE INSURANCE COMPANY LIMITED ANNOUNCES 2012 ANNUAL RESULTS (H SHARE)

CHINA LIFE INSURANCE COMPANY LIMITED ANNOUNCES 2012 ANNUAL RESULTS (H SHARE) Press Release For Immediate Release CHINA LIFE INSURANCE COMPANY LIMITED ANNOUNCES 2012 ANNUAL RESULTS (H SHARE) HONG KONG, 27 March 2013 China Life Insurance Company Limited (SSE: 601628, SEHK: 2628,

More information

On the Interaction and Integration of Cross Selling and Customer Relationship Management

On the Interaction and Integration of Cross Selling and Customer Relationship Management On the Interaction and Integration of Cross Selling and Customer Relationship Management SUN Shaofu School of Management, Dalian Jiaotong University, Dalian, Liaoning, China, 116028 sunshaofudl@163.com

More information

India in the Era of Economic Reforms From Outsourcing to Innovation. By Nirupam Bajpai and Jeffrey D. Sachs

India in the Era of Economic Reforms From Outsourcing to Innovation. By Nirupam Bajpai and Jeffrey D. Sachs India in the Era of Economic Reforms From Outsourcing to Innovation By Nirupam Bajpai and Jeffrey D. Sachs 32 India is one of the fastest growing economies in the world today. The economic reforms implemented

More information

Reflections on the Internal Operating Mechanism of Scientific and Technological Innovation of Colleges

Reflections on the Internal Operating Mechanism of Scientific and Technological Innovation of Colleges Reflections on the Internal Operating Mechanism of Scientific and Technological Innovation of Colleges SUN Yan Henan Polytechnic University, Jiaozuo, Henan, China, 454003 sunyanyj@hpu.edu.cn Abstract:With

More information

AGRICULTURAL TRANSFORMATION and RURAL DEVELOPMENT

AGRICULTURAL TRANSFORMATION and RURAL DEVELOPMENT AGRICULTURAL TRANSFORMATION and RURAL DEVELOPMENT Status Quo Over 3 billion people lived in rural areas in 1997. This figure increased almost 3.3 billion by year 2010. People living in the countryside

More information

SHANGHAI PROFILE OF THE HEALTH SERVICES SYSTEM. (7 February 2004)

SHANGHAI PROFILE OF THE HEALTH SERVICES SYSTEM. (7 February 2004) SHANGHAI PROFILE OF THE HEALTH SERVICES SYSTEM (7 February 2004) EXECUTIVE SUMMARY Shanghai is a municipal city of China. The city is now divided into 18 districts and 1 county. There were 132 towns, 3

More information

The Impact of Science and Technology Policies on Rapid Economic Development in China

The Impact of Science and Technology Policies on Rapid Economic Development in China CHAPTER 6 15 The Impact of Science and Technology Policies on Rapid Economic Development in China DONGMIN CHEN, SHILIN ZHENG, and LEI GUO, Peking University Thirty years of ongoing economic reforms in

More information

Development of Public Private Partnerships (PPPs) in China

Development of Public Private Partnerships (PPPs) in China Development of Public Private Partnerships (PPPs) in China Dr Paul H K Ho Chairman, Quantity Surveying Division The Hong Kong Institute of Surveyors Associate Head, Division of Building Science and Technology

More information

Gao Peiyong* * Gao Peiyong, Professor, Renmin University, Beijing, China. E-mail: gaopy@263.net.

Gao Peiyong* * Gao Peiyong, Professor, Renmin University, Beijing, China. E-mail: gaopy@263.net. The Scale of Public Debt in China Gao Peiyong* In measuring the present scale of China s public debt, cess has public debt in China experienced? Thirdly, facing the current situation of public debt in

More information

12th EU-China Round Table. Report on Surpassing GDP: The New Version of Human Development Index

12th EU-China Round Table. Report on Surpassing GDP: The New Version of Human Development Index European Economic and Social Committee Brussels, 8 October 2012 12th EU-China Round Table Report on Surpassing GDP: The New Version of Human Development Index Rapporteur: He Chuanqi, China Center for Modernization

More information

The Experience of China s Top 30 Cultural Industries Enterprises in

The Experience of China s Top 30 Cultural Industries Enterprises in The Experience of China s Top 30 Cultural Industries Enterprises in 2012 Hangzhou International Congress, Culture: Key to Sustainable Development, 15-17 May 2013, Hangzhou, China Pro.Fan Zhou,Fanzhou94@163.com

More information

Research on the Construction of Wuhan Optoelectronics Information Industry Clusters

Research on the Construction of Wuhan Optoelectronics Information Industry Clusters Research on the Construction of Wuhan Optoelectronics Information Industry Clusters YANG Li Mao, TANG Xuan School of Business, Hubei University, P.R.China, 430062 ylimao@hubu.edu.cn Abstract: Industrial

More information

China s 12th Five-Year Plan: Healthcare sector

China s 12th Five-Year Plan: Healthcare sector China s 12th Five-Year Plan: Healthcare sector May 2011 KPMG CHINA One of the guiding principles of the 12th Five-Year Plan (5YP) is inclusive growth : helping ensure that the benefits of the country s

More information

SCIENCE AND TECHNOLOGY DEVELOPMENT IN VIETNAM AND INTERNATIONAL COOPERATION POLICY

SCIENCE AND TECHNOLOGY DEVELOPMENT IN VIETNAM AND INTERNATIONAL COOPERATION POLICY SCIENCE AND TECHNOLOGY DEVELOPMENT IN VIETNAM AND INTERNATIONAL COOPERATION POLICY Dang Bao Ha Centre for Information Analysis National Agency for Science and Technology Information - NASATI 24 Ly Thuong

More information

Globalization and China s Economic Development Gregory C Chow

Globalization and China s Economic Development Gregory C Chow Globalization and China s Economic Development Gregory C Chow References: China s Economic Transformation (Blackwell, 2002) Knowing China (World Scientific, 2004) 1 How was rapid growth at a 9.5% annual

More information

Science and Technology Policy: Model of Chinese National Science and Technology Input-output Relationship Analysis

Science and Technology Policy: Model of Chinese National Science and Technology Input-output Relationship Analysis Science and Technology Policy: Model of Chinese National Science and Technology Input-output Relationship Analysis YANG MING JIANG ZHAO-HUA Dalian University of Technology The Research Center of the 21st

More information

China Textile Industry

China Textile Industry June, 2013 China Textile Industry Contents Market Overview - 2012 Industrial Development - Fixed Asset Investment in 2012 - Foreign Trade 2012 - Foreign Direct Investment on textile industry Labor Cost

More information

Research on Tech SME Intellectual Property Innovation Mode

Research on Tech SME Intellectual Property Innovation Mode International Business and Management Vol. 6, No. 2, 2013, pp. 57-63 DOI:10.3968/j.ibm.1923842820130602.1030 ISSN 1923-841X [Print] ISSN 1923-8428 [Online] www.cscanada.net www.cscanada.org Research on

More information

Promotion of. Innovation and Technology. Development in Hong Kong. June Johann Wong Deputy Commissioner for

Promotion of. Innovation and Technology. Development in Hong Kong. June Johann Wong Deputy Commissioner for Promotion of Innovation and Technology Development in Hong Kong June 2013 Johann Wong Deputy Commissioner for Innovation and Technology 1 1. Hong Kong s Competitiveness World s freest economy since 1995-2013

More information

Finance Service in E-commerce

Finance Service in E-commerce Finance Service in E-commerce Laichun CHAO, Kuaixian PENG, Xinrui KONG (Hangzhou Institute of Electronic Engineering) Abstract: The issue discussed the advantage, service content of the internet financial

More information

Economic Growth Rates

Economic Growth Rates 4 Economic Growth Rates Will the poor countries catch up with the rich? GDP and GNP growth rates in developing countries are on average higher than those in developed countries. Moreover, the difference

More information

China s Foreign Investment

China s Foreign Investment FEDERAL RESERVE BANK of MINNEAPOLIS ECONOMIC POLICY PAPER 16-09 JULY 2016 China s Foreign Investment EXECUTIVE SUMMARY Foreign investment into China has surged since the 1990s and become a topic of keen

More information

SEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK

SEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK SEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK The data included in the 2014 SIA Factbook helps demonstrate the strength and promise of the U.S. semiconductor industry and why it is critical for policymakers

More information

The Competitiveness of Chinese Circulation Industry 1 Perspective on the Industrial Structure

The Competitiveness of Chinese Circulation Industry 1 Perspective on the Industrial Structure The of Chinese Circulation Industry 1 Perspective on the Industrial Structure LI Hui School of Business, Renmin University of China, P.R.China, 100872 ququ4092@163.com Abstract: Since Chinese reform and

More information

Globalization and China: Impact on the Economy and People s Quality of Life

Globalization and China: Impact on the Economy and People s Quality of Life Globalization and China: Impact on the Economy and People s Quality of Life Tao (Tony) Gao, Ph. D. Zarb School of Business Hofstra University University 1 APEC Economic Leaders' Declaration Shanghai, China;

More information

Pricing Private Health Insurance Products in China. Chen Tao

Pricing Private Health Insurance Products in China. Chen Tao Pricing Private Health Insurance Products in China Chen Tao Abstract In this paper an overview of how to price private health insurance products in China is given. In the beginning the Chinese private

More information

Monetary policy, fiscal policy and public debt management

Monetary policy, fiscal policy and public debt management Monetary policy, fiscal policy and public debt management People s Bank of China Abstract This paper touches on the interaction between monetary policy, fiscal policy and public debt management. The first

More information

CHINA SCIENCE AND TECHNOLOGY

CHINA SCIENCE AND TECHNOLOGY CHINA SCIENCE AND TECHNOLOGY NEWSLETTER Department of International Cooperation Ministry of Science and Technology(MOST), P.R.China No.11 June 10 2014 China s Innovation Capacity Sees Steady Improvement

More information

Should China Accelerate Liberalization of Capital Account?

Should China Accelerate Liberalization of Capital Account? Should China Accelerate Liberalization of Capital Account? Liqing Zhang Professor and Dean Central University of Finance and Economics Presentation at 7th Meeting of IPAG Asia s Growth and Development

More information

Consumption Structure Evolutions in an Aging Society and Implications for the Social Security System

Consumption Structure Evolutions in an Aging Society and Implications for the Social Security System Consumption Structure Evolutions in an Aging Society and Implications for the Social Security System Dr. Rui Mao School of Management, Zhejiang University, China PRI-ADBI joint conference, Tokyo Rui Mao

More information

LIFE INSURANCE INDUSTRY IN CHINA

LIFE INSURANCE INDUSTRY IN CHINA Unless otherwise indicated, the financial and market share information set forth in this section is based on information reported by companies to the CIRC. The reported information includes premium and

More information

Chapter 6:Economies in Transition Economic systems: is a set of institutions for allocating resources and making choices to satisfy human wants.

Chapter 6:Economies in Transition Economic systems: is a set of institutions for allocating resources and making choices to satisfy human wants. Chapter 6:Economies in Transition Economic systems: is a set of institutions for allocating resources and making choices to satisfy human wants. Resource allocation is the assignment of resources to specific

More information

Continuity and Transformation Continuous challenges for world-class status among universities in Taiwan and Japan as ageing societies

Continuity and Transformation Continuous challenges for world-class status among universities in Taiwan and Japan as ageing societies Continuity and Transformation Continuous challenges for world-class status among universities in Taiwan and Japan as ageing societies Akiyoshi Yonezawa (Nagoya University) Angela Yung Chi Ho (Fu Jen Catholic

More information

AREA STUDIES - CHINA: REGIONAL SUSTAINABLE DEVELOPMENT REVIEW Vol. III The Social Security System in China - Y. P. Liu

AREA STUDIES - CHINA: REGIONAL SUSTAINABLE DEVELOPMENT REVIEW Vol. III The Social Security System in China - Y. P. Liu THE SOCIAL SECURITY SYSTEM IN CHINA Y. P. Liu Institute of Geographic Sciences and Natural Resources Research, Chinese Academy of Sciences, Beijing, P.R. China. Keywords: Social security system, China

More information

The Macroeconomic Situation and Monetary Policy in Russia. Ladies and Gentlemen,

The Macroeconomic Situation and Monetary Policy in Russia. Ladies and Gentlemen, The Money and Banking Conference Monetary Policy under Uncertainty Dr. Sergey Ignatiev Chairman of the Bank of Russia (The 4 th of June 2007, Central Bank of Argentina, Buenos Aires) The Macroeconomic

More information

The 12th Five-Year Plan for the Environmental Health Work of National Environmental Protection

The 12th Five-Year Plan for the Environmental Health Work of National Environmental Protection The 12th Five-Year Plan for the Environmental Health Work of National Environmental Protection Ministry of Environmental Protection of the People s Republic of China 21 st, September 2011 Table of Contents

More information

China: Trade Facilitation Reform and Economic Development

China: Trade Facilitation Reform and Economic Development China: Trade Facilitation Reform and Economic Development Zhang Yansheng Institute for International Economic Research National Development and Reform Commission Development of China s international trade

More information

The Challenge Faced by Argentinean Leaders Today: To Buy or to Develop Technology

The Challenge Faced by Argentinean Leaders Today: To Buy or to Develop Technology The Challenge Faced by Argentinean Leaders Today: To Buy or to Develop Technology Shashank Nigam, Singapore Management University 1. Sustainable Growth Argentina s real GDP grew 9 percent in 2004, following

More information

Focus on the Development of Strategic Emerging Industries in China Based on SWOT Analysis

Focus on the Development of Strategic Emerging Industries in China Based on SWOT Analysis International Journal of Business and Social Science Vol. 4 No. 16; December 2013 Focus on the Development of Strategic Emerging Industries in China Based on SWOT Analysis Zhang Qian School of Management

More information

Health Care Financing in China

Health Care Financing in China Health Care Financing in China Social vs. private insurance Jin MA, Professor, MSc, MA, PhD Shanghai Jiao Tong University School of Public Health April 11, 2011, Atlanta, USA Outline Health Financing bet

More information

China Sourcing and Marketing Strategies: The New Economic Dynamics February 9, 2011

China Sourcing and Marketing Strategies: The New Economic Dynamics February 9, 2011 China Sourcing and Marketing Strategies: The New Economic Dynamics February 9, 2011 www.bostonstrategies.com g (1) (781) 250-8150 Page 1 This report has been prepared by Boston Strategies International

More information

Introduction and Development Strength of. Shenzhen Service Outsourcing Industry

Introduction and Development Strength of. Shenzhen Service Outsourcing Industry Introduction and Development Strength of Shenzhen Service Outsourcing Industry I. Profile of Shenzhen Shenzhen, strategically located on the south-central coast of Guangdong Province, is China s first

More information

Entrepreneurship and Entrepreneurship Education in China

Entrepreneurship and Entrepreneurship Education in China Entrepreneurship and Entrepreneurship Education in China Doc. Liu Fan KAB Entrepreneurship Education Research Institute of China 1 Introduction Whether GDP, Poverty Alleviation or Contribution degree

More information

The Chinese non-life insurance market Are you ready to face the challenge?

The Chinese non-life insurance market Are you ready to face the challenge? The Chinese non-life insurance market Are you ready to face the challenge? White Paper The Chinese non-life insurance market In this White Paper Executive summary...3 The Chinese non-life insurance market...4

More information

Martin Hemmert. Korea University Business School

Martin Hemmert. Korea University Business School Martin Hemmert Korea University Business School Contents 1 The Concept of Innovation Systems 2 The Korean Innovation System: Overview 3 The Parts of the Korean Innovation System 4 Conclusions and Implications

More information

An Elementary Introduction to Training the Postgraduates for Professional Degrees in Oil and Gas Engineering

An Elementary Introduction to Training the Postgraduates for Professional Degrees in Oil and Gas Engineering Creative Education 2012. Vol.3, Special Issue, 847-851 Published Online October 2012 in SciRes (http://www.scirp.org/journal/ce) http://dx.doi.org/10.4236/ce.2012.326126 An Elementary Introduction to Training

More information

REINSURANCE IN THAILAND by Potjanee Thanavaranit Deputy Director-General, Department of Insurance Ministry of Commerce, Thailand

REINSURANCE IN THAILAND by Potjanee Thanavaranit Deputy Director-General, Department of Insurance Ministry of Commerce, Thailand REINSURANCE IN THAILAND by Potjanee Thanavaranit Deputy Director-General, Department of Insurance Ministry of Commerce, Thailand I. Structure of the insurance industry A. Number of companies Since 1982,

More information

Focus on China Market and Pursue Sustainable Value Growth

Focus on China Market and Pursue Sustainable Value Growth Focus on China Market and Pursue Sustainable Value Growth (Beginning) Distinguished guests, ladies and gentlemen: Good morning. I 'm Wu Zongmin, from China Pacific Property Insurance Company Limited (CPIC

More information

Viet Nam Science and Technology Development Towards 2020

Viet Nam Science and Technology Development Towards 2020 Viet Nam Science and Technology Development Towards 2020 Dr. Bui Van Quyen Director General of the National Agency for Southern Affairs (NASA) Ministry of Science and Technology (MOST) of Vietnam 1 Some

More information

May 26, 2003 PRESENT STATE OF THE ECONOMY AND FUTURE PROSPECTS. Dr. Ashfaque H. Khan Director General (Debt Office) Ministry of Finance

May 26, 2003 PRESENT STATE OF THE ECONOMY AND FUTURE PROSPECTS. Dr. Ashfaque H. Khan Director General (Debt Office) Ministry of Finance May 26, 2003 PRESENT STATE OF THE ECONOMY AND FUTURE PROSPECTS By Dr. Ashfaque H. Khan Director General (Debt Office) Ministry of Finance OUTLINE OF THE PRESENTATION! IMMEDIATE PAST! MAJOR ECONOMIC CHALLENGES!

More information

2014 Results Announcement. China CITIC Bank Corporation Limited

2014 Results Announcement. China CITIC Bank Corporation Limited Results Announcement China CITIC Bank Corporation Limited 2 Contents Part I: Financial Performance Part II: Business Development Part III: Outlook and Strategies 3 Part I Financial Performance Main Financial

More information

Canada s Energy Sector in a Changing Global Market. Kristi Varangu Director, International Energy Division March 10, 2014

Canada s Energy Sector in a Changing Global Market. Kristi Varangu Director, International Energy Division March 10, 2014 Canada s Energy Sector in a Changing Global Market Kristi Varangu Director, International Energy Division March 10, 2014 2 Purpose Illustrate the profound changes that are taking place in global and North

More information

Taiwan s Higher Education Reform towards Building a. Knowledge-Based Economy. Chao Han Liu

Taiwan s Higher Education Reform towards Building a. Knowledge-Based Economy. Chao Han Liu DO NOT CITE, QUOTE, COPY OR CIRCULATE CH Liu 1 Taiwan s Higher Education Reform towards Building a Knowledge-Based Economy Chao Han Liu University System of Taiwan I. Introduction For the past thirty years

More information

Weiqiao Textile Announces its 2015 Interim Results

Weiqiao Textile Announces its 2015 Interim Results Weiqiao Textile Announces its 2015 Interim Results Seize new opportunities in new normal development phase Continued leadership against the backdrop of industry changes Financial Summary Revenue was approximately

More information

Study on tax system reform in China

Study on tax system reform in China Study on tax system reform in China Zhang Xuedan RIFS,MOF,PRC Main Contents 一 reform 二 Tax revenues since 1994 三 Problems of current tax system 四 Some thoughts on new tax system reform in China 一 After

More information

Impact of China s Science and Technology System Reform on Rural Development and Poverty Reduction

Impact of China s Science and Technology System Reform on Rural Development and Poverty Reduction Impact of China s Science and Technology System Reform on Rural Development and Poverty Reduction Case study report prepared for UNAPCAEM by Mr. SUN Mengxin and Mrs. LUO Hui OUTLINE Background of the Reform

More information

Chapter 2 Study on Functional Mechanism and Effectiveness of Land Ticket System in the Process of New-Type Urbanization

Chapter 2 Study on Functional Mechanism and Effectiveness of Land Ticket System in the Process of New-Type Urbanization Chapter 2 Study on Functional Mechanism and Effectiveness of Land Ticket System in the Process of New-Type Urbanization Jiangtao Fang Abstract Most districts of China have already taken measurements in

More information

Economic Outlook for FY2005 and Basic Economic and Fiscal Management Measures

Economic Outlook for FY2005 and Basic Economic and Fiscal Management Measures Provisional Translation Economic Outlook for FY2005 and Basic Economic and Fiscal Management Measures December 20th, 2004 Cabinet Approval 1. Main Economic Indicators for FY2004 and FY2005 Gross domestic

More information

DUBAI INC S DEBT. A hair cut, or no hair cut?

DUBAI INC S DEBT. A hair cut, or no hair cut? DUBAI INC S DEBT A hair cut, or no hair cut? Dubai High Growth Dubai GDP growth versus selected regional benchmarks Dubai GDP growth versus selected fast growth smaller economies Index (100 in 2003, real

More information

The Economic Outlook of Hong Kong. in the Context of China s 12th Five-Year Plan

The Economic Outlook of Hong Kong. in the Context of China s 12th Five-Year Plan The Economic Outlook of Hong Kong in the Context of China s 12th Five-Year Plan A Speech by Dr Victor Fung to the Students and Professionals at Savantas Liberal Arts Academy 匯 賢 智 庫 學 苑 on 21 May 2011

More information

Structural Reform and Medium-Term Economic and Fiscal Perspectives - FY2004 Revision

Structural Reform and Medium-Term Economic and Fiscal Perspectives - FY2004 Revision Structural Reform and Medium-Term Economic and Fiscal Perspectives - FY2004 Revision January 21, 2005 Cabinet Decision 1. About FY2004 Revision 1 Despite recent slack movement observed in certain areas,

More information

MGE#12 The Balance of Payments

MGE#12 The Balance of Payments MGE#12 The Balance of Payments The Current Account, the Capital Account and the Balance of Payments Introduction to the Foreign Exchange Market Savings, Investment and the Current Account 1 From last session

More information

A Reassessment of Asian Excellence Programs in Higher Education the Taiwan Experience

A Reassessment of Asian Excellence Programs in Higher Education the Taiwan Experience 4th International Conference on World-Class Universities (WCU-4) A Reassessment of Asian Excellence Programs in Higher Education the Taiwan Experience Angela Yung-Chi Hou Dean of the Office of Research

More information

ROLE OF INNOVATIONS AND KNOWLEDGE - INFRASTRUCTURE AND INSTITUTIONS

ROLE OF INNOVATIONS AND KNOWLEDGE - INFRASTRUCTURE AND INSTITUTIONS ROLE OF INNOVATIONS AND KNOWLEDGE - INFRASTRUCTURE AND INSTITUTIONS ANDRAS NABRADI University Debrecen, Hungary, E-mail: nabradi@agr.unideb.hu Paper prepared for presentation at the 113 th EAAE Seminar

More information

SEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK

SEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK 2015 SEMICONDUCTOR INDUSTRY ASSOCIATION FACTBOOK INTRODUCTION The data included in the 2015 SIA Factbook helps demonstrate the strength and promise of the U.S. semiconductor industry and why it is critical

More information

Financial Overview INCOME STATEMENT ANALYSIS

Financial Overview INCOME STATEMENT ANALYSIS In the first half of 2006, China s economy experienced steady and swift growth as evidenced by a 10.9% surge in GDP. In order to prevent the economy from getting overheated and to curb excess credit extension,

More information

The study on the Human Resource Management of the Logistics Enterprises Based On the Competency Model

The study on the Human Resource Management of the Logistics Enterprises Based On the Competency Model , The study on the Human Resource Management of the Logistics Enterprises Based On the Competency Model You Chun Li Yanping School of Economics and Management Wu Han University,Luojia Mountain, Hubei,P.R.China,430072

More information

Research on Construction of Fiscal and Tax Mechanism of China's Energy-saving Industry

Research on Construction of Fiscal and Tax Mechanism of China's Energy-saving Industry Proceedings of the 8th International Conference on Innovation & Management 313 Research on Construction of Fiscal and Tax Mechanism of China's Energy-saving Industry Yang Feng, Wang Dongwei, Si Danmin

More information

CHInA S SpACe ACtIvItIeS: present And future

CHInA S SpACe ACtIvItIeS: present And future China s Space Activities: Present and future Xu Yansong Space activities around the world have been flourishing during the first few years of the twenty first century. The leading countries in the arena

More information

Economic Growth Rate The World Bank

Economic Growth Rate The World Bank Economic Growth Rate The World Bank GDP growth rates in developing countries are on average higher than those in developed countries. Over the 1965-99 period, the average annual growth rate was 4.1 percent

More information

The Future of the Renminbi and Its Impact on the Hong Kong Dollar Eddie Yue and Dong He

The Future of the Renminbi and Its Impact on the Hong Kong Dollar Eddie Yue and Dong He The Future of the Renminbi and Its Impact on the Hong Kong Dollar Eddie Yue and Dong He This article outlines our thoughts on the following three issues. First, will the renminbi become an international

More information

Section 2 Offshore outsourcing trends in the US and Japan and their impact on employment

Section 2 Offshore outsourcing trends in the US and Japan and their impact on employment Section 2 Offshore outsourcing trends in the US and Japan and their impact on employment 1. Overview of outsourcing According to the results of a survey conducted by a private research institute,

More information

To what South Korea Owes Success in Innovations? Implications for Turkey

To what South Korea Owes Success in Innovations? Implications for Turkey To what South Korea Owes Success in Innovations? Implications for Turkey Selin Arslanhan Research Associate Yaprak Kurtsal Research Associate TEPAV Policy Note September 21 Introduction South Korea managed

More information

Analysis on Clothing Consumption Differences between Urban and Rural Residents in China Jianghong1;Zhaohong2

Analysis on Clothing Consumption Differences between Urban and Rural Residents in China Jianghong1;Zhaohong2 5th International Conference on Social Science, Education and Humanities Research (SSEHR 2016) Analysis on Clothing Consumption Differences between Urban and Rural Residents in China Jianghong1;Zhaohong2

More information

Outlook on the development of Hangzhou Silk and Women s Wear Fashion Industry

Outlook on the development of Hangzhou Silk and Women s Wear Fashion Industry Xu Tusong Deputy Director of Hangzhou Economic and information technology commission Outlook on the development of Hangzhou Silk and Women s Wear Fashion Industry The fashion industry refers to a series

More information

Imperatives of Infrastructure

Imperatives of Infrastructure Imperatives of Infrastructure Development in India Presentation by Dr. Ramgopal Agarwala Distinguished Fellow, RIS In Conference on Opportunities for Global Partnership between India and Japan Infrastructure,

More information

Mywish Maredia, Frederic Erbisch, Anwar Naseem, Amie Hightower, James Oehmke, Dave Weatherspoon, & Christopher Wolf 1

Mywish Maredia, Frederic Erbisch, Anwar Naseem, Amie Hightower, James Oehmke, Dave Weatherspoon, & Christopher Wolf 1 AgBioForum Volume 2, Number 3 & 4 1999 Pages 247-252 PUBLIC AGRICULTURAL RESEARCH AND THE PROTECTION OF INTELLECTUAL PROPERTY: ISSUES AND OPTIONS Mywish Maredia, Frederic Erbisch, Anwar Naseem, Amie Hightower,

More information

Operating Performance 2011. - For Annual Results Briefing

Operating Performance 2011. - For Annual Results Briefing Operating Performance 2011 - For Annual Results Briefing March 2012 Contents Operation and Management in 2011 Business Strategy for 2012 2 Part 1 Operation and Management in 2011 Note: Figures without

More information

Targeted Public Policies in Shanghai s Path to a Knowledge- Based Economy

Targeted Public Policies in Shanghai s Path to a Knowledge- Based Economy Targeted Public Policies in Shanghai s Path to a Knowledge- Based Economy Weiping Wu Associate Professor Urban Studies, Geography and Planning Virginia Commonwealth University December 2004 Research Focus

More information

AC 2011-194: THE PRACTICE AND THOUGHTS ABOUT ACCREDITA- TION OF MINERALS PROCESSING ENGINEERING PROGRAM

AC 2011-194: THE PRACTICE AND THOUGHTS ABOUT ACCREDITA- TION OF MINERALS PROCESSING ENGINEERING PROGRAM AC 2011-194: THE PRACTICE AND THOUGHTS ABOUT ACCREDITA- TION OF MINERALS PROCESSING ENGINEERING PROGRAM Yuemin Zhao, China University of Mining and Technology YOUJUN TAO, China University of Mining & Technology

More information

Report of Taiwan: STEM (Science, Technology, Engineering and Mathematics)

Report of Taiwan: STEM (Science, Technology, Engineering and Mathematics) Consultant Report Securing Australia s Future STEM: Country Comparisons This report can be found at www.acola.org.au Australian Council of Learned Academies Report of Taiwan: STEM (Science, Technology,

More information