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Full Description
China is indisputably one of the most dynamic economic regions in the world; however the character, nature and extent of its market economy status remains in question. This book provides an empirical analysis of many aspects of the developing market economy including: government reform; the marketization of enterprises; land transactions; capital transactions and finance; the market determination of wage rates; the development of intermediary organizations; and the improvement in the economy's legal framework. China's economic growth has also brought conflict with both the EU and the US. This book examines the contentious debates such as: the extent of renminbi convertibility; the independence of the financial sector; the freedom of labour in wage-rate bargaining; the extent of foreign investment; the extent of government ownership of enterprises; the protection of property rights; and the development of company law and of corporate governance.
Contents
Introduction; Part 1 New Progress in Market Economy in 2002 and 2003; Chapter 1 Reform of Government Administrative System; Chapter 2 Marketization of Enterprises; Chapter 3 Labor Flow and Market Determination of Wage Rates; Chapter 4 Market-determined Capital Transaction; Chapter 5 Market-oriented Land Transaction; Chapter 6 Marketization of Trade; Chapter 7 Scale of Intermediary Organizations and Their Market-oriented Operations; Chapter 8 Marketization of Money and Finance; Chapter 9 Improvement in China's Market Economy Legal Framework; Chapter 10 Evaluation of the Degree of China's Market Economy Development in 2002-2003; Part 2 The Development of China's Market Ecomony by Western Standards; Chapter 11 The Free Convertibility of Renminbi; Chapter 12 Independence of the Financial Sector; Chapter 13 Freedom of the Employee in Bargaining with the Employer for Wage Rates; Chapter 14 Extent of Admission of Foreign Investment; Chapter 15 Extent of Government Ownership or Control of the Means of Production and Enterprises; Chapter 16 Extent of Government Control over the Output, Price and Sales Decisions of Enterprises and over the Allocation of Resources; Chapter 17 The Protection of Property Rights and the Bankruptcy Law; Chapter 18 Implementation of Laws and Regulations Relating to Investment and Taxation; Chapter 19 Company Law and Corporate Governance; Chapter 20 Laws on Enterprise Accounting and Auditing Standards and their Enforcement; Chapter 21 The Use and Disposal of State-owned Enterprises' Assets; Chapter 22 Analysing Corruption, Trade Ties, and Other Factors;
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