Witnesses to China’s Miracles in the Past 40 Years
China’s development has not only created changes in its appearance but also brought opportunities and impetus to global economic growth.
China & The World Mar 14, 2019
Lessons From Belt and Road
The Asian Infrastructure Investment Bank (AIIB) has been one vehicle by which China has tried in the past few years to undertake this transformation from pupil to teacher.
BEIJING REVIEW ECONOMY WATCH Mar 10, 2019
Foreign Investment Law for Equality and Convenience
After the law is promulgated and implemented, the registration procedures for foreign businesses will be reduced and the time required will be shortened, bringing great convenience to foreign investors.
CHINA PICTORIAL ECONOMY WATCH Mar 4, 2019
Greater Bay Area: Prospects and Challenges
The recently announced Guangdong-Hong Kong-Macao Greater Bay Area is an ambitious initiative to link different cities in the Pearl River Delta region into a dynamic financial and innovative powerhouse. As a prominent part of China’s national strategic plan, the proposed link involves 11 cities with a combined GDP twice that of San Francisco’s Big Bay and close to the similar scheme of New York. The region also has combined trade of US$1.5 trillion, more than three times that of the Tokyo Bay Area. In fact, the combined economic size of the Chinese Bay Area is comparable to Canada as the world’s tenth largest economy. A new vision for Hong Kong’s role in the regional cooperation is necessary to achieve mutual benefits and maintain overall competitiveness. As part of the integration plan, a series of large-scale infrastructure and transport projects, in particular the 26-km Guangzhou-Shenzhen-Hong Kong Express Rail Link (Hong Kong Section) and the 55-km Hong Kong-Zhuhai-Macao Bridge, both opened in the second half of 2018, are vital links to facilitate the flow of people, goods, services, and capital. This in turn allows the concept of a “one-hour living circle” embedded in the Greater Bay Area project to be thoroughly realized. All these infrastructure developments are indeed highly effective in reducing the time and cost of overall integration. Hong Kong could […]
CHINA.ORG.CN Economy Mar 2, 2019
Implications of China’s New Foreign Investment Law
A new foreign investment law is on the cards.
CHINA.ORG.CN ECONOMY WATCH Mar 2, 2019