Insights

June 29, 2017

Promoting Hong Kong’s Economy by Integrating into the Guangdong-Hong Kong-Macao Bay Area

Author: Yang Qiurong, Research Fellow, Center for Hong Kong and Macao Studies

Editor’s Note: Integrating into the Guangdong-Hong Kong-Macao Bay Area and deepening the cooperation with other cities in the Bay Area will boost Hong Kong’s economy.

City clusters are a critical platform enhancing the national competitiveness and regional influence. New York, Tokyo and London are influential cities in…

June 14, 2017

What is the Root of High Housing Price?

Author: Fan Gang, President, CDI

Editor’s Note: Although the real estate market has gone through a tortuous development process, there still remains a huge potential. So how can the real estate industry realize sound development?

Why is there high housing price? Because there is high price of land auction and the land price is derived from the real estate price. The expected housing price in the…

May 26, 2017

New Amber Route in Northern Europe

Author: Zhang Guoping, Postdoctoral Researcher, CDI

Editor’s Note: The proposal of the Amber Route has clearly defined the potential of complementary industries in the future between China and the Nordic countries, and will expand and deepen economic and trade cooperation between China and the Nordic and Arctic region.

Arctic region has weak infrastructure but the enormous potential needs. The…

May 18, 2017

"Belt and Road" Opens Golden Age of Sino-British Cooperation

Author: Zhang Guoping, Postdoctoral Researcher, CDI

Editor’s Note: Britain's participation in the "Belt and Road" Initiative is an important opportunity to open the Chinese domestic market and third country markets. China and Britain are highly complementary in trade structure. By strengthening the docking of development strategies, and promoting mutually beneficial cooperation in trade,…

May 17, 2017

Stronger Product and Service Alignment Crucial to Promoting China-Belarus Cooperation

Author: Wang Guowen, Director, Department of Logistics and Supply Chain Management, Zhang Yiju, Research Associate, Department of Logistics and Supply Chain Management

Editor’s Note: The mutual recognition and alignment of the standards for product and services at national strategic level and in the form of bilateral agreements is crucial to ensuring successful construction, implementation and…

May 16, 2017

Improve Business Environment to Facilitate the Development of Sri Lanka-China Industrial Zone

Author: Yu Zongliang, Research Assistant, Department of Regional Development Planning, CDI

Editor’s Note: China is Sri Lanka’s largest trading partner and the most important investor. The Sri Lanka-China Industrial Zone will become an important platform for Chinese enterprises going global as well as the industrial capacity cooperation between the two countries. However, the business environment…

May 15, 2017
Insight 32

Positive Trends in Trade and Investment Cooperation between China and Pacific Islands

Author: Hu Zhenyu, Director, Department of Sustainable Development and Maritime Economy, CDI, Zhou Yuyi, Research Associate, Department of Sustainable Development and Maritime Economy, CDI


Editor’s Note: The Pacific Island countries are faced with significant environment pressure and pressing needs for development at present. While growth in global trade has slowed down, development in trading…

March 26, 2017

Treating Economic Sub-Health Conditions

Author: Fan Gang, President of CDI

Editor’s Note: at Session 24 Global Economy: Moving Beyond Sub-Health, Fan Gang said that high economic growth rate is unhealthy and China would like to lower its foreign reserves gradually.

High economic growth is not necessarily healthy as China currently deals with the consequences of overheated economy in the past. China's central bank is also reluctant to…

March 26, 2017

Labor Market Reform in the Internet Era

Author: Fan Gang, President of CDI

Editor’s Note: at Session 28 Labor Market Reform: Tough, but a Must-Do during the Boao Forum for Asia Annual Conference 2017, Fan Gang said that freelancers who have emerged with the development of the Internet should be covered by social security system so that they could gain the social recognition and a sense of belonging to the society.

With the development…

March 15, 2017

Guangdong-Hong Kong-Macao Bay Area and China’s Opening-up

Author: Guo Wanda, Executive Vice President of CDI

Editor’s Note: Guangdong-Hong Kong-Macao Bay Area, a metropolitan area featured with vitality, technology and innovation, emphasized by Premier Li Keqiang in the Report on the Work of the Government 2017, implies greater opening-up of China.

The world is now experiencing de-globalization. Yet China is stepping up opening-up to the outside world.…

January 09, 2017

Decline in China's Foreign Reserves Is Good News

Author: Fan Gang, President of CDI

Editor’s Note: “The decline in China's foreign reserves is good news in the long-run,” said Prof. Fan Gang, the President of CDI, in an interview with Bloomberg Television in Shanghai on January 9, 2017.

The decline in China's foreign reserves is good news in the long-run,” said Prof. Fan Gang, the President of CDI, in an interview with Bloomberg Television in…

December 27, 2016

Trump’s Anti-globalization Met with One Aye and Three Nays

Author: Peng Jian, Director of Department of Regional Development and Planning

Editor’s Note: A hawkish transition team determined to reshape global economic and trade landscape was formed upon Trump taking office. Trade war of "anti-globalization" was launched with China as the main target. The "anti-globalization" Trump’s team pushes for will face an unfavorable situation with one vote in favor…

December 16, 2016

Housing Supply and Demand in Big and Small Cities: Why the Difference?

Author: Fan Gang, President of CDI

Editor’s Note: The latest upsurge in land price and housing price revealed an important policy reason that it is the urbanization strategy that has caused polarization in cities. It is crucial to follow the law of population migration and urbanization to free up more land for the development in big cities.

The latest upsurge in land price and housing price…

November 29, 2016

Appreciation of US Dollar Should Not Be Interpreted as Devaluation of RMB

Author: Fan Gang, President of CDI

Editor’s Note: The recent change in yuan’s exchange rate against the US dollar is not the result of the devaluation of renminbi but the appreciation of the dollar. Why has renminbi “depreciated” recently?

The recent change in yuan’s exchange rate against the US dollar is not the result of the devaluation of renminbi but the appreciation of the dollar. The…

If Hinckley Point C Comes, Can Bradwell Be far behind?

Oct 28, 2016

Author: Zheng Yujie, Director of Information and Communications Department

Editor’s Note: On September 15, 2016, the Hinkley Point C nuclear power project was finally approved by the British government. This is an important step for China's nuclear power enterprises to enter the developed countries’ markets. Yet for China's nuclear power, the real significance lies with the Bradwell nuclear power…

How are the BRICS countries in 2016?

Oct 16, 2016

Author: Zheng Yujie, Director of Information and Communications Department, Zheng Xin, Research Fellow of Department of Urbanization

Editor’s Note: The 8th BRICS Summit, themed on “Building Responsive, Inclusive and Collective Solutions”, was held in Goa, India from October 15 to 16, 2016. President Xi Jinping’s proposal of common and innovative growth mode for the cooperation between BRICS…

China's Financial Centers on a Rapid Rise

Sep 29, 2016

Author: Fan Gang, President of CDI

Editor’s Note: On the occasion of GFCI 20 launch, Prof. Fan Gang, President of CDI, said that capital account liberalization is most needed to further enhance the overall competitiveness of China's financial centers in an exclusive interview with CBN.

Capital account liberalization is most needed to further enhance the overall competitiveness of China’s…

Yuan Should Weaken as Dollar Set to Strengthen

Sep 09, 2016

Author: Fan Gang, President of CDI

Editor’s Note: A gradual devaluation of the yuan should be allowed as the U.S. dollar is set to strengthen, and moves to loosen the nation’s capital borders should continue despite outflows.

In a Bloomberg Television interview on the decrease of China’s foreign-exchange reserves and the yuan devaluation, Prof. Fan Gang said a gradual devaluation of the yuan…

On G20 Hangzhou Summit: Dealing with Trade Protectionism

Sep 04, 2016

Author: Fan Gang, President of CDI

Editor’s Note: “We are in the same boat against the currents”, which means that global joint efforts should be made to fight against difficulties of economic growth. China delivered a strong message to the world that it is determined to navigate the course of world economic recovery.

In a CCTV studio interview about “G20 Summit Opens” on September 4, prof. Fan…

Shenzhen-Hong Kong Stock Connect to Unleash Potential

Aug 16, 2016

Author: Yu Lingqu, Research Fellow at Department of Finance Industry

Editor’s Note: Shenzhen-Hong Kong Stock Connect marks steady progress toward building a law-regulated and internationalized capital market. It is expected to unleash great potentials.

“The basic preparation for the Shenzhen-Hong Kong Stock Connect has been completed and the State Council has approved the implementation plan for…

It Is Time to Rethink China's Urbanization Model

Aug 11, 2016

Author: Fan Gang, President of CDI

Editor’s Note: It is not necessary to work against the laws of urbanization. China should instead embrace the possibility that several city clusters with populations of dozens of millions, or even over 100 million, may arise.

At the 2016 Boao Real Estate Forum, Prof. Fan Gang, President of CDI said that for many years China's urbanization model has been limiting…

“Urban Villages” Is a Must

Jul 20, 2016

Author: Fan Gang, President of CDI

Editor’s Note: The most valuable thing of urban villages is that they provide cheap housing and living conditions for low income earners in China. The low rent in urban villages not only ensures that there is sufficient and low-cost labor supply in the city, but also actually reduces the living cost and inflation rate in the city.

Urban villages and old towns…

CDI Opinions on the Two Sessions: Fiscal Reform

Mar 07, 2016

Author: Fan Gang, President of CDI

Guo Wanda, Executive Vice President of CDI

Qu Jian Vice President of CDI

Editor's note: the year 2016 is the first year for the implementation of the “13th Five-Year Plan” as well as the first year for the decisive stage of building a moderately prosperous society in all respects. According to the general plan, the main work and tasks of deepening the reform of…

On Two Overheatings of China’s Economy

Mar 02, 2016

Author: Fan Gang, President of CDI

Editor’s Note: Because of the two overheatings, we have to take time handling the after-effects. If we continue reform and prevent an overheated economy, it is entirely possible that we can maintain a sound economic growth in ten to twenty years.

If we draw a trend chart for China’s economy in the past ten years, we will get two wave crests, which are “two…

How to Build a Regional Scientific and Technological Innovation System

Mar 01, 2016

Author: Zhang Yuge, Director of Center for Hong Kong and Macao

Editor's note: Integrating resources is a very important reason for the success of DJI. An open regional scientific and technological innovation system should be established to promote Shenzhen-Hong Kong cooperation. In what ways can Hong Kong and Shenzhen cooperate?

Two years ago, DJI was in the spotlight. Hong Kong has absolute…

What is Supply-Side Reform?

Feb 21, 2016

Author: Fan Gang, President of CDI

Editor’s Note: Supply-side structural reform focuses on the “elimination of excess capacity”. In a broad sense, this means de-stocking, de-leveraging and cost reduction. It is a long-term issue which requires in-depth institutional planning and long-term adjustment.

What is supply-side reform? To put it simply, the supply side is the opposite of the demand side.…

To Eliminate Excess Capacity

Feb 18, 2016

Author: Hu Caimei, Deputy Director of Department of Finance Industry

Editor’s Note: Excess capacity is a symptom of imbalanced supply and demand. The re-balance of supply and demand can be realized by transforming and upgrading traditional industries, developing emerging industries, using new factors to form new productivity.

Recently, both traditional industries and emerging industries…

Migrant Workers Becoming Citizens to Boost Chinese Economic Restructuring

Feb 17, 2016

Author: Zheng Xin, Research Fellow of Department of Urbanization

Editor’s Note: The citizen-oriented development of migrant workers will increase their consumption in cities and stimulate economic growth.

In 2015, the permanent urban population in China reached 770 million, with an urbanization rate standing at 56.1%. Urbanization is still an important driving force for Chinese economic growth.

Which Fields Inspire Confidence in China's Future Growth?

Feb 15, 2016

Author: Liu Guohong, Director of Department of Finance Industry

Editor’s Note: The downward trend of Chinese economic growth will to some extent help to break the vested interest in reform and opening-up, thereby laying the foundation for sustainable economic growth of China in the “New Normal”.

Since 2011, China's annual growth rate has fallen from a 2-digit number to about 7%. It is true that…

China Kicking Off New Forces of Economic Growth

Feb 14, 2016

Author: Zhou Junmin, Senior Research Fellow

Editor’s Note: As China’s economy steps into the “New Normal”, the growth forces should shift into a stage characterized by advanced forms, a complex labor division and a rational structure.

In 2015, the GDP of China reached RMB 67.57 trillion, growing by 6.9% with per capita GDP exceeding RMB 49,000. Although the GDP growth rate was low, it was still…

Supply-Side Structural Reform and the Orientation of Monetary Policies

Jan 14, 2016

Author: Fan Gang, President of CDI

Editor’s Note: To further reform the Chinese forex system, we should not resume the system of being pegged to the USD that China adopted in the past. Instead, the RMB should be related to the currencies of a variety of nations.

At present, supply-side structural reform in China is becoming increasingly important and urgent. Some believe it is imperative to make…