On China’s growing geo-economic influence and the evolution of variegated capitalism

China’s growing geo-economic clout globally has attracted significant research attention over the past few years. Rather than strictly adopt a national-specific and path-dependent perspective, this paper offers a nuanced perspective on the rationale of Chinese economic expansions overseas. I propose we view China’s growing geo-economic influence as a relational development, inextricably connected to broader changes in global capitalism, especially the failure of the US government to maintain confidence in the dollar. The paper probes critically the underlying logics of two recent developments: (1) the role of the China Investment Corporation (a new sovereign wealth fund) and state-owned enterprises (SOEs) in accessing new markets worldwide; and (2) the policies to extend the global reach of the Chinese yuan. I argue that these phenomena are concatenated to China’s broader aim to secure domestic economic security, given its vast holdings of dollar reserves and its macroeconomic constraints through the maintenance of a fixed foreign exchange regime. These developments in turn contour and sustain the evolution of the variegated global system of capitalism.     

Spatial dynamics of industrialization in Jiangsu Province of China

l introduCtionJiangsu Province is one of the fastest growing provinces in Cab and has eXPerienced aStonishingeconomic development since the Anplementahon of reform and open dOOr POlicy in 1978. As theeconomic development is closely related to the industrial develOPment, this Paper will examine tileperformance of industrial sector in Jiangsu in the period 1978-1995. ms may be helpfiil to understandthe regional economic development in the ProVince which serves as a good case study of this …     

资本营运与国有企业内部治理结构的完善

分析了改制后的国有企业仍存在着股权过于集中 ,内部权力结构失衡 ,激励监督机制失灵 ,外部市场约束乏力等种种内部治理结构不规范的现象和原因 ,提出了通过资本营运来优化和分散公司的股权结构 ,强化所有权约束机制。完善市场体系 ,改进公司委托 -代理制度的对策建议。     

中国国有企业生产效率的区域差异

借鉴西方经济地理学中的新区域主义和企业与区域联系的关系型理论框架, 对中国国 有企业的区域差异进行了实证分析, 发现中国的国有部门存在显著的内部差异。分省看, 存在显著的东西差异和南北差异。华北和东北的国有企业在规模上要远远大于华东和华南的国有企业, 但是前者的生产效率却要落后于后者。分地市看, 高生产效率的国有企业呈现逐渐 向沿海都市经济区集聚的空间态势。统计检验表明地方化的贸易和非贸易性联系是影响国有 企业生产效率的区域因素。具体而言： ① 与地方经济有着较多的生产和市场联系的国有企业, 受区域外部经济效应的影响, 其生产效率越高; ② 地方劳动力市场的多元化程度有利于国有企业采取灵活的薪酬制度和劳动力管理措施来提高生产效率; ③ 与外资企业的非贸易联系可以方便国有企业学习和采纳行之有效的组织行为和管治结构, 并促进其生产效率的提高。