Comrade Chen Yun, in his recent talks on how to strengthen planned economy, raised some basic issues about economic work at present. What he said bore major significance for both theory and practice. Over the last few years we have followed the correct policy of opening up our economy to the...

In pursuit of the party line laid out at the Third Plenary Session of the Eleventh Congress, the party center in April 1979 called a work conference at which it brought up an eight-character policy, "adjustment, reform, restructuring, and improvement," to deal with the national economy. The...

Consistent real income comparisons over time and space are critical for studies on catch-up and convergence. The paper provides an analytical framework for making real income comparisons across countries and over time that satisfy transitivity and at the same time reflect an underlying...

China is believed to have gained immensely from its admission into to the World Trade Organization (WTO) in 2001. One of the direct gains comes from the lessening of deadweight loss (DWL) due to tariff reduction. Conventional measures for DWL, however, are too aggregate to capture the trade...

For the purpose of accommodating the relationship between the protection of nature reserve and the development of local society and economy, this paper, taking Dalian Chengshantou Nature Reserve as a study area and PRA as a main research method, investigated and analyzed the status of social and...

From 1992 to 2011, the total trade volume between the U.S. and China increased by 25 times, and China's share in U.S. total imports increased from 5% to 20%. However, the U.S.'s share in China's total imports dropped from 11% to 8% in the same period. In the major categories of U.S. exports to...

The latest World Bank estimates of real GDP per capita for China are significantly lower than previous ones. We review possible sources of this puzzle and conclude that it reflects a combination of factors, including substitution bias in consumption, reliance on urban prices which we estimate...