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Contents 

(Volume 9 Number 4 July - August 2001)
 Economic Focus
 

Economy in East Asia and China in the Era of Globalization

Li Tie-ying 
 
 Special Reports
 

How Does Public Spending Affect Growth and Poverty in China？ 

Fan Sheng-gen, Zhang Lin-xiu, Zhang Xiao-bo 
Bank Restructuring in China:
—Effectiveness, limitations and implications

Li Wen-hong
Analysis of China's Urban Income Distribution

Su Hai-nan, Xu Zhen-bin
Government Administration Requires Innovations

Chen Dong-qi
The Puzzling Phenomenon of China's High Economic Growth and the Decline of Energy Consumption

Wang Yan-zhong
On the Development of Foreign Banks in China

Yan Cui
Unfolding the Future from Past and Present
—A Changing Management Style for SOEs in China

Su Yi

Overseas Perspective
　
A Comparative Analysis of IPO Performance forFirms in Mainland China and Hong Kong SAR 

Louis T. W. Cheng

Window of Reform
China to Open Market Fund Management to Foreign Companies
New Rules for Gold Purchase
Trade Licences in Overseas Futures to be Granted to the Best SOEs 

Statistical Date
Changes in China's Main Economic Indicators
The Latest Statistics for Imports and Exports

Published by http://www.iwep.org.cn/