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China & World EconomyVolume 15 Number 1 January ¨C February 2007Table of Contents
1 Understanding High Saving Rate in China Xinhua He, Yongfu Cao 14 China¡¯s Rapid Accumulation of Foreign Exchange Reserves and Its Policy Implications Yongnian Zheng, Jingtao Yi 26 Financing Alternatives for Chinese Small and Medium Enterprises:The Case for a Small and Medium Enterprise Stock Market Hung-gay Fung, Qingfeng Liu, Jot Yau 43 How Mobile Are Resources in Chinese Agriculture?¡ª Implications for China¡¯s Agricultural Trade Policy Funing Zhong, Jing Zhu, Zhengqin Xie 62 Is Asian Currency Unit Attractive to East Asian Economies? Bin Zhang, Fan He 77 China¡¯s State Security in a Time of Peaceful Development: A New Issue on Research Agenda Yizhou Wang 87 China¡¯s FDI Net Inflow and Deterioration of Terms of Trade: Paradox and Explanation Huizhong Li, Ping Huang, Jialun Li 96 Regional Differences in China¡¯s Energy Efficiency and Conservation Potentials Shi Dan
Statistical Data£º 116 Changes in China¡¯s Main Economic Indicators 118 The Latest Statistics for Imports and Exports
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