scholarly journals Promoting High-Quality Growth Through Financial Reform in the People’s Republic of China

2021 ◽  
Author(s):  
Yiping Huang ◽  
Xun Wang ◽  
Anqian Huang
Keyword(s):  
Financial Development ◽  
Economic Performance ◽  
Financial Reform ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
High Quality ◽  
Republic Of China ◽  
Shed Light

This report assesses the effects of financial development on economic performance in the People’s Republic of China (PRC) and attempts to shed light on future reform directions.

scholarly journals Determinants of Urban Land Supply in the People's Republic of China: How Do Political Factors Matter?

2017 ◽  
Vol 34 (2) ◽  
pp. 152-183 ◽  
Author(s):  
Wen-Tai Hsu ◽  
Xiaolu Li ◽  
Yang Tang ◽  
Jing Wu
Keyword(s):  
Urban Land ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Land Supply ◽  
Political Factors ◽  
Industrial Land ◽  
Sales Revenue ◽  
Republic Of China ◽  
Highly Correlated ◽  
Shed Light

This paper explores whether and how corruption and competition-for-promotion motives affect urban land supply in the People's Republic of China. Conditional on demand-side factors, we find that corruption is highly correlated with an increase in land supply. The corruption effects are strongest for commercial land, followed by residential land, and then industrial land. To shed light on the competition motives among prefectural leaders, we examine how the number of years in office affects land supply and distinguish among different hypotheses. Our empirical results show robust rising trends in land sales. These results are consistent with the hypothesis that among prefectural leaders the impatience and anxiety in later years from not being promoted may contribute to an increase in land sales revenue in later years. We also find that prefectural leaders may aim for more land sales revenue over their first few years in office instead of seeking higher revenue in their first 1–2 years.

scholarly journals The 14th Five-Year Plan of the People’s Republic of China—Fostering High-Quality Development

2021 ◽  
Keyword(s):  
Rural Areas ◽  
Carbon Dioxide Emissions ◽  
Social Inclusion ◽  
People’S Republic Of China ◽  
Carbon Intensity ◽  
Low Carbon ◽  
People's Republic Of China ◽  
High Quality ◽  
Republic Of China ◽  
Modern Development

This policy notes outlines recommendations for the 14th Five-Year Plan (2021–2025) for National Economic and Social Development of the People’s Republic of China that highlights high-quality green development. The plan emphasizes innovation as the core of modern development, relying on the dual circulation strategy as the growth paradigm coupled with reforms to increase living standards. Building on the achievements of the 13th Plan, it aims to reduce the carbon intensity of the economy and peak carbon dioxide emissions before 2030. This policy note’s recommendations focus on innovation-driven growth, low-carbon development, integration of urban–rural areas with deeper social inclusion, and population aging as priorities.

scholarly journals The Role of Local Governments in Driving High-Quality Growth in the People’s Republic of China

2020 ◽  
Author(s):  
Ehtisham Ahmad ◽  
Hans van Rijn
Keyword(s):  
Local Government ◽  
Local Governments ◽  
Institutional Environment ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
High Quality ◽  
Republic Of China ◽  
Spatial Inequalities ◽  
Local Government Level ◽  
Negative Side Effects

Over the past 25 years, the People’s Republic of China has gone through a long period of remarkable growth, lifting millions of people out of poverty. But this focus on growth has come at a cost, particularly in terms of environmental degradation, increasing socioeconomic and spatial inequalities, and the building up of fiscal liabilities at the local government level. Under the High-Quality Growth agenda, the People’s Republic of China seeks to rebalance the economy by addressing those negative side effects, and local governments will have a key role to play in the implementation of that agenda. In this paper, some critical aspects of the fiscal and institutional environment in which local governments operate are analyzed, and proposals are offered for the strengthening of local government finances.

scholarly journals Negotiating Legacies

2020 ◽  
Vol 19 (1) ◽  
pp. 5-11
Author(s):  
Lara Momesso ◽  
Niki J.P. Alsford
Keyword(s):  
Hong Kong ◽  
People’S Republic Of China ◽  
People's Republic Of China ◽  
Special Issue ◽  
National Elections ◽  
Republic Of China ◽  
Hierarchical Relations ◽  
Shed Light

Abstract This special issue concerns agency and negotiation in the context of the hierarchical relations between the People’s Republic of China (PRC), a global superpower, and Taiwan, a subordinated actor often relegated to a marginal position in contemporary global geopolitics. By exploring how Taiwan opposes, interrupts and re-creates its subordinate position vis-à-vis China, the authors of this special issue will shed light on the complexities of the ongoing Taiwan experience, shaped by different, often opposing, interests, positions and perspectives regarding its relationship with China. Yet, by exploring the experience of Taiwan with reference to its Chinese legacies, this special issue will also allow important reflections on China, not only in its hegemonic role regionally and globally, but also in its weaknesses when it deals with subordinated actors. This is a timely and important piece, which will allow alternative interpretations of contemporary events not only in Taiwan, for instance the recent national elections and related political developments, but also in the region, such as the protests which have been occurring in Hong Kong during the last four months.

scholarly journals Bridge to Future Livable Cities and City Clusters in the People’s Republic of China: Policy Opportunities for High-Quality Urban Development

2021 ◽  
Author(s):  
Stefan Rau
Keyword(s):  
Urban Society ◽  
People’S Republic Of China ◽  
Low Carbon ◽  
People's Republic Of China ◽  
China Policy ◽  
High Quality ◽  
Rapid Urbanization ◽  
Republic Of China ◽  
The Past ◽  
Urgent Action

The achievements in rapid urbanization and industrialization of the People’s Republic of China (PRC) over the past 40 years were historic. But they came at high environmental and social costs. By 2050, the country will be a high-income, four-generation urban society. Yet, according to the United Nations, the PRC’s population will have halved by 2100. Many cities will lose population and businesses. This will be equally historic and requires urgent action. The author recommends focusing on urban rehabilitation and retrofitting to make cities more livable—with a green circular zero-waste economy, aiming at low-carbon, climate-resilient cities—and making cities healthy and friendly for people of all ages.

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