China Economist takes it upon itself to inform the world of the latest academic progress in Chinese economics and business management, to publish original academic papers and research reports on the Chinese economy, and to disseminate the Chinese experiences in eco-nomic development and corporate governance as well as the results of em-pirical studies in these fields.

The Chinese economy has been growing briskly for more than two de-cades and is changing the global economic pattern forcefully and rapidly.

It seems that the world was ill-prepared for the dramatic changes in China. This makes it all the more necessary for China to know herself and the world better, while the world needs to understand China. Thus, it has become an international trend to study China and to explore the global meaning of the China phenomenon. However, despite the fact that learn-ing Chinese as a foreign language is in vogue throughout the world, few foreigners can read Chinese articles without difficulty. China Economist,therefore, comes in handy for our foreign readers as an English periodical that focuses on economics and business management as well as on other fields of social sciences in China.

Specifically, China Economist takes it upon itself to inform the world of the latest academic progress in Chinese economics and business management, to publish original academic papers and research reports on the Chinese economy, and to disseminate the Chinese experiences in eco-nomic development and corporate governance as well as the results of em-pirical studies in these fields.

Trends

A New Trend in China's FDI Inflow and Outflow

From a Trading Country ta Trading Power

Focus

The RMB Exchange Rate under the International Monetary System

China's Trade Expansion Benefits the Asia Pacific Economies

China's Economic Growth Faces a New International Environment

Domestic

What Is the New Style of Industrialization？

Choosing a Growth Pattern that Suits the Present Development Stage

Development of Heavy Industry Requires New Strategies

Business

Reform Calls for Change of Mentality of SOE Employees

Improvement of Corporate Governance: a Key Issue for Economic Efficiency

China Data

Legacies and Lessons of the "I Oth Five-year Plan"

Digest