Abstract:It is a law accepted by us that the proportion of service industry rises with the economic development. In the late 1990s, Chinas service industry has stopped the ascending trend beginning from the reform and opening up and kept stable in a low level, which is not consistent with the common law. The reasons include the economic growth mode, economic mechanism, the location and policy of our nation in the global production system and statistic method, etc. This paper reviewed the development and internal structure transformation of chinas service industry. From different aspects, based on different types of data, this paper primarily explored the relation of economic growth and service industry development, established a multivariate regression model to analyze the influence of income level and urbanization etc. It is expected that when our countrys per capita GDP goes up to a new level, our service industry proportion will rise significantly. At last, the paper brought forward some advises to promote the development of service industry.

Abstract:Upon the WTO entry, the Chinese commercial banks have to transform from product-oriented to customer-oriented and offer clients value-added services. In line with value concept, the correlations between perceived quality, risks, corporate reputation and service value need to be studied. The two sub-samples of foreign banks clients and local banks clients were drawn and reliability analysis, factor analysis, linear regression and structural equation modeling were employed to test the hypotheses of service value and its antecedents. The results indicate that perceived quality has positive correlation to service value, risks are mediated through corporate reputation to influence service value, and two groups of clients perceive core service quite similarly and risks quite differently.

Abstract:The paper examines the situation, route and driving power of China insurance industry through basic analysis and dynamic models. It proves that the route is concave which is much different from that of developed countries, especially after 1993. From the points of consumption theory, long-run model and short-run model of insurance growth are established. It shows that insurance industry growth definitely comes from its resource, national total disposable income and market economy. Efficient measures are given finally.

Abstract:In this article we examine regional disparity in China and its changes in the last two decades of the 20 th century, analyze the flow and allocation of capital, labor and human capital among regions, and their impacts on regional disparity. We also examine the impact of institutional reform and structural changes on regional disparity. Based on these analyses, we provide perspectives on the trend of changing regional disparity in the future and our own judge on the policy measures for reducing regional disparity without harming economic efficiency.

Abstract:This paper examines the efficiency in resource allocation in China.We estimate production functions at provincial level and use these functions to compute time series for the marginal product of capital and labor.We find that the dispersionin the marginal product of capital declines from 1970 to 1984 and then becomes stable afterwards whereas the dispersion of marginal product of labor declines initially but the trend reverse since 1993.We argue that this reversal may indicate any of the following:1 a policy-driven labor magration adding to labor market inefficiency;2the presence of increasing returns in labor;3both capital and labor have become mobile since 1993.

Abstract:This paper has explored the causes of duplicative industries and interregional economic segmentation with increasing return. In a market economy, the better-developed region has comparative advantage in high-tech industries and higher speed of technological progress, and consequently a higher position and a larger share in interregional bargaining to distribute the benefits of regional specialization. If the less-developed region does not specialize, it will lose the benefits of regional specialization, but it might also gain a higher bargaining power in the future and even catch up the rich region. The higher is the technological level of better-developed region, the higher is its speed of technological progress, the higher is its bargaining power, and the more beneficial is it for the less-developed region to raise its bargaining power by developing “strategic" industries. Though under certain conditions its self-beneficial for the less-developed region to behave strategically, its socially inefficient because of loss in total production and allocative efficiency. We also find that fiscal transfer by the central government could induce the less-developed region to specialize, which means that fiscal transfer have both the functions of improving regional income distribution and the efficiency of resource allocation..

Abstract:This paper examines the effect of the change of state-owned stock ratio SOSR in an SOE on the efficiency of the whole society and the payoff of the government. We address this issue by setting up a mixed oligopolistic competition model and divide the analysis into two cases: Closed Economy and Open Economy. Our basic results are as follows: if the relative production efficiency of an SOE is too low, complete state ownership is not optimal, and privatization will be a necessary step; However, if the relative production efficiency of an SOE is not too low, complete privatization is not optimal for the government or from the social perspective. Our results can to a certain extent provide a theoretical support for the governments idea on the SOE reform.

Abstract:Anti-dumping is a severe trial faced by Chinas export products now and in the foreseeable future. This article divides anti-dumping process into 3 phases, namely the filing of anti-dumping investigation requests, the investigation process and the ruling of anti-dumping. The article also analyses respectively the subjects and the timing of the filing of investigation requests, and discusses in detail the motives of the enterprises of the importing countries filing the anti-dumping investigation requests, as well as the governments ruling of anti-dumping. Upon these discussions, the article constructs an anti-dumping alarming system.

Abstract:WTO Anti-dumping Agreement allows members to resort to anti-dumping measures when their domestic industries face material injuries from dumping imports. Anti-dumping measures on behalf of domestic upstream industries may harm downstream industries and consumers in the importing country. This paper empirically measures the price effects of antidumping duties on chemical industry through the Input/Output table analysis and yields the conclusion that anti-dumping measures affects downstream industries negatively and China should take public interest into consideration in anti-dumping proceedings.

Abstract:This paper examines the impact of foreign direct investment FDI performed by a firm of a developed country on the social welfare of a developing country in a differentiated duopoly with substitute goods and product R&D. It is found that even when a developing country has comparative advantage from the point of view of the cost of production, the FDI performed by developed countries occurs only when spillover effect is relatively small. When this kind of FDI occurs, however, the welfare of developing countries may fall in some cases. The effect of FDI on the social welfare of developing countries will depend on the following three factors: the characteristics of the FDI, the degrees of comparative advantage of cost and the degrees of protection of intellectual property rights.

Abstract:With Examples from Grid,In This paper,we focus on the incentive problems in network expansion.We found that incomplete information and collusion between network companies will distort the expansion capacity,but the affect of the vertical integration is uncertain.If the company gets TCC payment,the distortion of expansion capacity is uncertain,if not,there will be download distortion.We also proble into the merchant mechanism in the Grid expansion,and found that the efficiency of this mechanism correlates directly with the Grid interconnection status quo,demand elasticity and the social cost of the public fund.

Abstract:The lower of tenure security which peasants have, the lower of the probability and the area that they rent farmland. Land redistribution reduced the tenure security, but it facilitated labor migration and increased the supply of the land in land rental markets. Land redistribution advanced the development of farmland rental markets in those areas with vast population and limited farmland where the lack of land supplies was the main obstruction in farmland rental markets. On the base of 1083 farmers of Jiangsu, Zhejiang and Shandong provinces in 2000, it validated those hypotheses above.