China＇s Private Economy：Challenges and Solutions：An Economy Matures

For the first three decades of the People＇s Republic, the Chinese economy consisted solely of state-owned or collectively owned enterprises.The emergence of private businesses following China＇s reform and opening-up in 1978 ushered in a private economy that has since grown to account for up to 50 percent of the country＇s GDP,70 percent of its jobs and 30-40 percent of its tax revenue.     

China＇s Enterprises Encouraged to Invest Abroad

ON July 19, 2004, the Chinese Ministryof Commerce andMinistry of ForeignAffairs jointly issuedthe Guide Catalogueof Foreign Countries and IndustriesRecommended for Investment. Itgives information on relevant indus-tries in 67 countries and regions.     

China＇s Contribution to the World Economy

Since the world financial crisis broke out in 2008, China has become a main engine of world economic growth.     

New Prospects for China＇s Economy

In recent years china has intentionally slowed down its economic growth to tacilitate sustainable growth and protect the environment.     

China＇s Tsunami Relief Effort

THE earthquake and subsequent tsunami in South and Southeast Asia last December figuratively shook the whole world. International humanitarian aid immediately began to pour into devastated areas, not least from China,     

Private Business Boosts China＇s Economic Development

正SINCE the policy of reform and opening-up in 1978,China has traveled a course of high-speed development on its way to becoming the economic power it is today.In 2013,as the world’s second largest economy,China not only ranked second in receiving foreign     

China＇s Accession to the WTO

LONG Yongtu is well known in China for his work as the chief negotiator on China＇s entry into the World Trade Organization （WTO）, helping to finally ensure its success in 2001, after 15 years of negotiations.     

The Role of China＇s Imports in the Global Economy

ENTERING the WTO in 2001 has not only brought China a share in trade dividends but also opened up greater opportunities for the world economy.     

Readjustment to China＇s Birth Policy

正Since its introduction of the one-child policy for most Chinese couples in the late 1970s,China has effectively reined in its rampant population growth.Benef iting from the policy,Chinese women have been liberated from the birth burden to a great degree and their education and employment situation has improved dramatically.To promote long-term,balanced development of the population,China is gradually adjusting its family planning policy.On December 23,2013,a bill to allow couples to have two children if either parent is an only child was approved at the sixth meeting of the Standing Committee of the 12th National People’s Congress.The move marks another major adjustment to China’s family planning policy since the country allowed couples to have two children if both parents are only children.     

The Earthquake Will Not Change the Momentum of China＇s National Economy

THE world＇s attention has been riveted by the devastating earthquake that hit Sichuan Province in May. Apart from timely relief assistance, international think tanks and financial organizations have also been analyzing its impact on the Chinese economy. One of the world＇s leading companies for catastrophe risk estimation, Air Worldwide, has stated that the economic loss caused by the earthquake may reach US $20 billion. However, the Financial Times reports that the disaster will not badly impact China＇s economy overall, despite the tragic losses, although analysts at JP Morgan believe that the temporary disorder may result in a new rise in consumer prices.     

A Visit to China＇s ＂Arctic Village＂

Beiji Village is the highest geographical point in China by latitude.With an annual mean temperature of -4.29 °C, the region is only just warm enough to avoid continuous permafrost.     

China＇s Space Exploration

The three phases of outer spaceexploration are:the launch ofman-made satellites,mannedspace ight and lunar explora-tion.After more than 50 yearsof perseverance,Chinese scien-tists,relying solely on their ownexpertise and technical know-how,have become the world'sthird most signi cant explorersof outer space.     

China＇s New Deal

In the months after the new leadership took power, China appears to have entered a period of accelerated reform.     

China＇s Young Environmentalists

THE Great Power Race is a clean energy competition open to college students in China, India and the United States for the most numerous and most innovative clean energy projects and solutions. It starts in September, and by the end of July, over 500 universities had lodged entry applications, 177 of them from China.     

China＇s Valentine＇s Day Love Affair

LIFE in China has become ever more diversified in recent years,allowing more space for Western fashion and convention. Today Valentine‘s Day and Christmas are widely celebrated, particularly among the young, who jump at every chance to party,revel and romance.