亚洲免费av电影一区二区三区,日韩爱爱视频,51精品视频一区二区三区,91视频爱爱,日韩欧美在线播放视频,中文字幕少妇AV,亚洲电影中文字幕,久久久久亚洲av成人网址,久久综合视频网站,国产在线不卡免费播放

        ?

        MARKET WATCH

        2012-12-23 08:52:14
        Beijing Review 2012年43期

        MARKET WATCH

        OPINION

        Less In te rven tion, Mo re Prod uc tiv ity

        On October 10, the State Council released a statement on its website announcing it would delete or modify 314 requirements in order to remove obstacles for the country’s social and economic development and curb corruption.

        This round of reductions was the sixth of its kind since reform of the administrative approval system kicked off in 2001.

        Figures from the State Council show that a total of 2,374 administrative approval items have been rescinded or adjusted since 2002, marking significant progress in the reform effort.

        According to the statement, the reductions mainly focus on three fields: first, cleaning up approval procedures for investment, especially investment in the real economy, small and microsized enterprises and private investment; second,intensifying efforts in reducing and modifying the approval procedures of social projects, such as education, medical care, culture events and public services; and third, canceling items that shouldn’t have been included in the administrative examination and approval system.

        The most appealing highlights in the statement are as follows: Governments should refrain from projects that citizens, corporations or other organizations can handle independently. It should also refrain from interfering in matters that market competition can effectively sort out or industrial groups and agencies can manage.

        In the statement, the State Council hailed the adm inistrative approval reform for forcefully pushing forward the transformation of government functions, strengthening the market allocation of resources and boosting law ful adm inistration.

        The reform is also seen as an effective measure for improving the government’s efficiency and fighting corruption. It should be combined w ith other reforms concerning investment,financing, taxation and administrative management in order to better organize relations between the government, enterprises and individuals.

        W ithout a doubt, the move, if successfully implemented, will be a huge benefi t to the Chinese market because it shows the government is willing to step aside to let the market function freely. It’s the right time for the State Council to clean up its administrative approval system.

        Right now, China’s economic development is at a crossroads. The demographic dividend,which led to fast development during the past decade, is coming to an end. Previous development models have proven to be unsustainable and a new grow th momentum is badly needed. Since the beginning of 2012, a slowing economy has shown that the dilemma faced by Chinese companies is caused not just by changes in economic cycles, but also an insufficient market-based mechanism and excessive government intervention.

        The over-regulated administrative approval system has taken the steam out of the market. In light of this, the Chinese Government made corresponding changes to better spur the economy.The move is bound to boost productivity in a slowing economy.

        Whether the ambitious reform can come to fruition mainly depends on government’s ability to hand over power. Implementing reforms in China is often like taking two steps forward and one step back.

        However, judging from the current economic and social reality, this can’t happen. Reforms are needed to keep up with economic and social demands. Reforms on state-owned enterprises and the government are the hardest. We should nonetheless push forward those reforms because we are at the point of no return.

        THE MARKETS

        Seeking Nasd aq Listing

        YY Inc., which runs a Chinese online games portal, plans to launch a Nasdaq initial public offering (IPO) to raise up to $100 million, according to a fi ling it sent to the U.S. Securities and Exchange Commission on October 15.

        The company is one of few that are trying to go public amid the weak global economic climate and shrinking interest among investors in Chinese stocks, which are suffering from a poor image due to recent fraud scandals.

        YY Inc., which operates online games portal Duowan.com and audio chat software YY Client, said in the filing that its net revenue increased from 32.7 million yuan ($5.22 million) in 2009 to 319.7 million yuan ($51.06 million) in 2011.

        It made profi ts in the three quarters ending on June 30, w ith its net profit going from 4 million yuan ($638,800) in the fourth quarter of last year to 17.3 m illion yuan ($2.76 m illion) in the second quarter of this year, it said.

        Its YY software, which had 400 m illion registered users by September, had 84.2 percent of the online group audio chatting market, according to figures provided by the domestic research company iResearch.

        Fo rg ing Partne rsh ip

        A Hong Kong-listed subsidiary of China Petrochem ical Corp., or Sinopec Group,agreed to buy a 50-percent stake in a European liquid bulk storage and term inal operator on October 15.

        Sinopec’s subsidiary w ill form a new international joint venture in liquid bulk storage w ith Vesta Term inals BV, a wholly owned asset of Mercuria Energy Group Ltd., according to a statement released by Mercuria.

        Vesta Term inals is an independent liquid bulk storage operator w ith about 1.6 m illion cubic meters of petroleum products and biofuels capacity at three term inals in the Netherlands, Estonia and Belgium.

        中国老太婆bb无套内射| 人妻熟女妇av北条麻记三级| 国产一区二区三区中出| 人妻久久久一区二区三区蜜臀| 欧美大成色www永久网站婷| 色丁香色婷婷| 午夜精品一区二区久久做老熟女| 青青草小视频在线观看| 人妻 日韩 欧美 综合 制服| 亚洲av无码片一区二区三区| 97无码人妻一区二区三区蜜臀 | 久久99人妖视频国产| 乱色欧美激惰| 久久久久亚洲av无码专区网站| 亚洲人成18禁网站| 日本人妻高清免费v片| 国产成人午夜福利在线观看| 亚洲国产精品sss在线观看av | 性无码专区无码| 久久免费视频国产| 日本经典中文字幕人妻| 国产麻豆久久av入口 | 国产乱子伦精品免费无码专区 | 亚洲妇女水蜜桃av网网站| 国产内射视频在线播放| 加勒比日韩视频在线观看 | 日韩三级一区二区不卡| 一本无码av中文出轨人妻| 亚洲熟妇色xxxxx欧美老妇| 亚洲国内精品一区二区在线| 人禽杂交18禁网站免费| 天天摸日日摸狠狠添| 久久久久成人精品免费播放| 日本一区二区三区高清视| 久久国产免费观看精品3| 无码少妇一级AV便在线观看| 国产亚洲精品成人av在线| av中文字幕一区不卡| 黑人大荫道bbwbbb高潮潮喷| 国产精品黑色丝袜在线播放| 在线国产丝袜自拍观看|