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innovation in China using a matched patent database at the firm level and road information at the city level. Regional variation …Although both infrastructure and innovation play an important role in fostering a country's economic growth, discussion … number of approved patents per firm by 0.71 percent. Road development spurs innovation by enlarging market size and …
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"It's clear that China is the world's next economic superpower. But what isn't so clear is how China will get there by … the middle of this century. It now faces tremendous challenges such as fostering innovation, dealing with an ageing … population, and coping with a less accommodative global environment. In this book, economists from China's leading university and …
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Chinese banks suffer from serious financial fragility manifested by high proportions of non-performing loans and low capital-adequacy ratios. A key policy introduced recently by the Chinese government to reduce financial risks is the establishment of four asset management companies (AMCs) for...
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The current account surplus of the People's Republic of China (PRC) has drawn much foreign and domestic attention. This …
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