Entrepreneurship and Innovation of Small and Medium-Sized Enterprises in China

2021 ◽  
pp. 155-167
Author(s):  
Jin Chen ◽  
Liying Wang

The long-term gradual recovery of the world economy has provided a good international environment for entrepreneurship and innovation of small and medium-sized enterprises (SMEs). With the continuous deepening of reforms and policies such as “Mass Entrepreneurship and Innovation” and “Internet Plus,” unprecedented policy dividends have benefited SMEs’ entrepreneurship and innovation. In particular, the new round of opening up, led by “The Belt and Road” construction, will stimulate more external demand, which will provide good opportunities for the development of SMEs. With the current weak foundation for the recovery of the world economy, there are still many uncertainties. The problem of insufficient and imbalanced domestic economic development is still outstanding, and economic development still faces many difficulties and challenges. Overall, the international and domestic environment faced by China’s SMEs is improving.

2021 ◽  
Vol XXIV (Issue 1) ◽  
pp. 364-381
Author(s):  
Robert Ciborowski ◽  
Ewa Oziewicz ◽  
Sylwia Pangsy-Kania

2018 ◽  
Vol 04 (03) ◽  
pp. 327-343 ◽  
Author(s):  
Zhexin Zhang

Since its launch in late 2013, China’s Belt and Road Initiative (BRI) has achieved many tangible results that may have lasting effect on the social and economic development of host countries and on the geopolitical dynamics of the world. Its emergence in international political discourse is changing the basic thinking and logic of traditional geopolitical competition. While Western countries tend to interpret the BRI as part of China’s hidden geopolitical strategy to ultimately rule the world, Chinese and most developing nations see it as China’s international cooperation strategy to enhance global connectivity, communication and cooperation, so as to foster a more balanced and equitable world system. To maintain a favorable international environment for further progress of the BRI, China needs to better explain the details concerning the initiative as well as its role in the country’s grand strategy of peaceful development. Meanwhile, China must keep striving to match its words with its deeds in global arenas, so as to win more trust and support from the international community in jointly implementing the initiative.


Significance The senior leadership seeks to defend its position within China, first and foremost by preserving and strengthening the power of the Party through which it rules. China’s growing wealth and power create new opportunities for the Party to bolster its power -- and give rise to new threats that could undermine it. Impacts China’s ambitions centre on itself; they do not involve remaking the world in China’s image. China’s interests converge with other states' on climate change and economic cooperation; disputes concern how gains and costs are shared. China’s pursuit of its self-interest may sometimes have positive spill-overs, such as when it shares innovations, freely or otherwise. Despite controversies and setbacks, the Belt and Road will provide infrastructure critical for economic development globally. Beijing, long a practitioner of commercial espionage, is becoming bolder in its use of cyber operations to pursue its foreign policy agenda.


Author(s):  
Paula Tomaszewska

Chinese Belt and Road initiative (BRI) is not only an economic or political project, but also has the potential to transform the international system. The initiative‘s impact is large – from stimulating the financing of infrastructure investments in various countries around the world to the development of new global supply chains. The scientific goal of the article is to analyze the consequences of implementing the initiative. The research problem is included in the following question: does the Belt and Road Initiative contribute to increasing Chinese influence in the world and carries the risk of driving poorer countries into the ―debt trap‖? The conclusion from the article is that China should create an improved version of the BRI initiative based on a better risk assessment of the current projects. Infrastructure investments, if not carefully implemented and controlled, may lead to consequences, such as increasing the debt of some countries in the long term.


10.12737/686 ◽  
2013 ◽  
Vol 1 (3) ◽  
pp. 9-14 ◽  
Author(s):  
Басовский ◽  
Leonid Basovskiy

The concept «rotary point» of world economic development is entered. Turning Point reflects the phenomenon of transition from one type to another type of development of the world economy. Passing of a rotary point is a loss of stability of world economic system. Identification of turning points — is to identify anomalies dispersion indices reflecting the performance of the economy. The long-term periods between rotary points are characterized as «the accelerated growth», or as «the slowed-down growth. Research allowed to establish two rotary points of development of world economy. It is a point of the middle of the 1970th — the beginnings of the 1980th of 3 g and a point of 2007–2011. Econometric analysis shows that up to a turning point of the mid-1970s, early 1980s is a period of accelerated growth. The period after passing of this rotary point is the period of the slowed-down growth. Modeling Kondratieff Wave allowed to associate with the rapid growth of the ascending and slow growth — with the descending branch of the wave. At the invariable period of a cycle of Kondratiev in the next years it is possible to expect the accelerated growth of world economy.


2021 ◽  
pp. 1-23
Author(s):  
Wiebke Rabe ◽  
Genia Kostka

Abstract This article traces the process behind the implementation of the “Air Silk Road,” a cargo flight connection between Luxembourg and Zhengzhou, the capital of Henan province. Its origins lie in economic competition between Henan and its neighbouring provinces, dating back a decade before the official announcement of the Air Silk Road in 2017. Provincial and municipal governments in Henan displayed opportunistic risk-taking behaviour in persistently pushing for the development of Zhengzhou's airport economy, but only timing and coincidence allowed the province to gain a foothold in the Belt and Road Initiative (BRI). With findings drawn from fieldwork in China between 2019 and 2020, we contribute to an understanding of the implementation of the BRI, the underlying rationale and the challenges inland provinces face in integrating into the world economy.


2019 ◽  
Vol 7 (1) ◽  
pp. 19-25
Author(s):  
S. Linlin

In recent years, Heilongjiang Province has constantly been improving and upgrading the e-commerce development model, and successfully opening up Online Silk Road, actively docking the Belt and Road and participating in the construction of the Sino-Mongolian-Russian economic corridor. This paper analyses the foundation of Heilongjiang Province’s Online Silk Road construction combs its development status and further proposes the challenges and problems in the construction process. Finally, the paper puts forward prospects and recommendations for the development potential of e-commerce concerning cooperation with Russia and agricultural products.


Author(s):  
Linda Yueh

China’s emergence as the world’s second-largest economy has transformed the world economy by creating a source of consumers as well as a place for production. As is consistent with becoming a major economy, China has become a net capital exporter, investing more abroad than it receives in inward foreign direct investment. The clearest manifestation of this outward investment is seen in the ‘Going Global’ policy for Chinese firms launched in the early 2000s and in the Belt and Road Initiative that began to invest in infrastructure overseas in 2013. The latter has significant implications for Africa as well as the Middle East, eastern parts of Europe, and South-east and Central Asia. This chapter explores the drivers of China’s emergence as an economic superpower and analyzes its wider potential impact, including on sub-Saharan Africa’s economic development, notably in respect of Chinese infrastructure investment in Kenya.


2020 ◽  
Vol 6 (2) ◽  
pp. 194-221 ◽  
Author(s):  
Paul K. Gellert ◽  
Paul S. Ciccantell

Predominant analyses of energy offer insufficient theoretical and political-economic insight into the persistence of coal and other fossil fuels. The dominant narrative of coal powering the Industrial Revolution, and Great Britain's world dominance in the nineteenth century giving way to a U.S.- and oil-dominated twentieth century, is marred by teleological assumptions. The key assumption that a complete energy “transition” will occur leads some to conceive of a renewable-energy-dominated twenty-first century led by China. After critiquing the teleological assumptions of modernization, ecological modernization, energetics, and even world-systems analysis of energy “transition,” this paper offers a world-systems perspective on the “raw” materialism of coal. Examining the material characteristics of coal and the unequal structure of the world-economy, the paper uses long-term data from governmental and private sources to reveal the lack of transition as new sources of energy are added. The increases in coal consumption in China and India as they have ascended in the capitalist world-economy have more than offset the leveling-off and decline in some core nations. A true global peak and decline (let alone full substitution) in energy generally and coal specifically has never happened. The future need not repeat the past, but technical, policy, and movement approaches will not get far without addressing the structural imperatives of capitalist growth and the uneven power structures and processes of long-term change of the world-system.


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