Chinese Economy after WTO:

Opportunities and Challenges of Globalization

 

University of Michigan

August 2-3, 2003

  (download the PDF file here)

　

Organized by:

Chinese Economists Society

The University of Michigan

Sichuan University Business School

　

Conference Co-Sponsors

Sichuan University Business School

Center for Chinese Studies, University of Michigan

William Davidson Institute, University of Michigan

International Institute, University of Michigan

Office of Vice President for Research, University of Michigan

China Data Center, University of Michigan

University of Michigan Business School

　

Conference Registration:

 

Friday, August 1, 2003                                       6:00PM-8:00PM

William Davidson Institute, Business School

724 East University Ave, Ann Arbor

 

Saturday, August 2, 2003,                                  8:00AM-4:00PM

Business School

 

Sunday, August 3, 2003                                     8:00AM-11:00AM

Business School

 

Conference Lodging:

 

Mosher Jordan Hall, 200 Observatory, Ann Arbor, MI 48109.

(734)764-5297

 

Conference Location:

 

All Conference Sessions will take place in the University of Michigan Business School, 701 Tappan Street, Ann Arbor, MI 48109.

 

                       

Conference Program

 

FRIDAY

William Davidson Institute Reception

Friday, August 1, 2003                                      6:00PM-8:00PM

               William Davidson Institute, 724 East University Ave

CES Business Meeting (all are invited)

                                                                       8:00PM-9:30PM

               Hale Auditorium, Business School

 SATURDAY

Continental Breakfast

Saturday, August 2, 2003                                  8:00AM-9:00AM

Business School, 701 Tappan Street

Opening Session

Saturday, August 2, 2003                                9:00AM-10:10AM

                             Hale Auditorium, Business School

Welcoming Remarks

Shunglin Lin, the CES President 2002-2003

Michael Kennedy, Vice Provost for International Affairs and Director of the International Institute

Changwen Zhao, Assistant President, Sichuan University

Albert Park, Acting Chair of the Center for Chinese Studies and the Associate Chair of the Department of Economics, University of Michigan

　

Keynote Speaker:

Alan V. Deardorff

John W. Sweetland Professor of International Economics, Department of Economics, and Professor, Gerald R. Ford School of Public Policy, University of Michigan

 

Break

Saturday, August 2, 2003                               10:10AM-10:30AM

 

Joint Panel on Chinese Economy

 

Saturday, August 2, 2003                               10:30AM-12:00PM

Chair: Albert Park, Acting Director, the Center for Chinese Studies, University of Michigan

Speakers:

New Round of Economic Growth. Shijin Liu, Director, the Center for Development, the State Council

Chinese Economy after WTO. Wen Hai, Assistant President, Peking University

Securities Market Development After WTO. Xinghai Fang, Deputy CEO, Shanghai  Stock Exchange

 

Lunch

Saturday, August 2, 2003                                12:00PM-2:00PM

Business School Phelps Lounge

Session 1

Saturday, August 2, 2003                                 2:00PM-3:40PM

Session 1.1: Financial System

Michigan

Chair: Holly Wang, Washington State University

1.  Financial Intermediation and Growth: Chinese Style. Genevieve Boyreau-Debray, World Bank

Discussant: Gene Chang, University of Toledo

 

2.  Restructuring China’s Financial System After the WTO: Risks and Options. Yanqing Yang, Johns Hopkins University-SAIS

Discussant: Holly Wang, Washington State University

 

3.  Financial Development and Urban-Rural Income Distribution in China. Qi Zhang, Chinese Academy of Social Sciences

Discussant: Sandra Poncet, Université de Paris

 

Session 1.2: China and WTO

Wolverine

Chair: Yao Yang, Peking University

 

1.  WTO and Private Enterprises: A Case Study of China Feiyue. Shunfeng Song and Hong Cheng, University of Nevada at Reno

    Discussant: Jian Zhang, University of Hawaii

 

2.  Intellectual Property Right Protection for Pharmaceuticals in Developing Countries: Impact on Brand and Generic Competition and Pharmaceutical Costs. Y. Richard Wang, AstraZeneca Pharmaceuticals

    Discussant: Yi Wang, White & Case LLP

 

3.  China and Antidumping War Against China. Jason Yin, Seton Hall University

    Discussant: Hongchun Fu, Southwest University of Finance and Economics

 

4.  Beyond SARS: The Long-Term Implications for Investors. Sam Baker, Trans-National Research

Discussant: Wen Hai, Peking University

 

Session 1.3: Foreign Direct Investment

P1016

Chair: Aimin Chen, Indiana State University

 

1.  FDI and their Impact on Domestic Firms - An Empirical Study of Chinese industries. Youxin Hu and Sarah Yueting Tong, University of Hong Kong

Discussant: Yifan Zhang, University of Pittsburgh

 

2.  Foreign Direct Investment and its Impact on State Owned Enterprise Reform. Xiaodong Wu, University of North Carolina at Chapel Hill

Discussant: Shuanglin Lin, University of Nebraska

 

3.  Foreign Direct Investment, Regional Geographical and Market Conditions, and Regional Development - A Panel Study on China. Mei Wen, Division of Economics, RSPAS, Australia National University

Discussant: Aimin Chen, Indiana State University

4. The Contribution of Chinese Yuan’s Devaluation to China’s FDI Boom. Yuqing Xing, International University of Japan

Discussant: Lu Zheng, University of Michigan

 

Session 1.4: Labor and Demography

P1018

Chair: Albert Park, University of Michigan

 

1.  Income Levels and Demographic Transition in Urban China. Lee Liu, Central Missouri State University

Discussant: Yehua Wei, University of Wisconsin, Milwaukee

 

2.  Low Labor Cost in China: Beyond The Explanation of Reduced Labor Standards. Sheng Li, University of Utah

Discussant: Albert Park, University of Michigan

 

3.  Migration Scenarios and Western China Development. Shuming Bao, China Data Center, University of Michigan

Discussant: Xiaopeng Yin, University of Windsor

 

4.  Life Expectancy and the Education Differences between Black and White Men. Guan Gong and Li Gan, University of Texas at Austin

Discussant: Shuming Bao, University of Michigan

 

Break

August 2, 2003                                                3:40PM-4:00PM

Beverages will be available in the Business School Building

Session 2

August 2, 2003                                                4:00PM-5:40PM

 

Session 2.1: Financial Market

Michigan

Chair: Ying Wu, Salisbury University

 

1.  The Performance of China’s Futures Markets: A Comparison between China and US. Wen Du and H. Holly Wang, Washington State University

Discussant: Richard Wang,  AstraZeneca Pharmaceuticals

 

2.  Venture Capital Backed Companies IPOs: Insider Driven or Market Fans? Tao Li, Hong Kong University of Science and Technology; Changwen Zhao, China Data Center,University of Michigan; David Weiwei Fan, Department of Economics, Hong Kong University of Science and Technology

Discussant: Yanqing Yang, Johns Hopkins University-SAIS

 

3.  Out of Sight, Out of Mind: The Effects of Expenses on Mutual Fund Flows. Brad M. Barber, UN Davis; Terrance Odean, UC Berkeley; and Lu Zheng, University of Michigan.

Discussant:  Changwen Zhao, China Data Center,University of Michigan

 

4.  What’s Wrong with the Financial Markets. Ge Wu and Jun Liao, Fudan University

Discussant: Genevieve Boyreau-Debray, World Bank

 

Session 2.2: China and WTO II

Wolverine

Chair: Jason Yin, Seton Hall University

 

1.  Assessing the Impact of China’s WTO Entry: A Before-and-After Analysis. Aimin Chen, Indiana State University

Discussant: Shuanglin Lin, University of Nebraska

 

2.  China’s Accession to the WTO: A Static-Dynamic Approach. Michael Barry, United States International Trade Commission; Souphala Chomsisengphet, Office of Policy Analysis and Research

Discussant: Jason Yin, Seton Hall University

 

3.  US-China Trade and Investment Relationship in Post WTO. Jian Zhang, University of Hawaii

Discussant: Zhengxue Wang, University of Michigan

 

4. China’s Post-WTO Compliance and Foreign Investment in the Automotive Industry. Yi Wang, White & Case LLP

Discussant: Michael Barry, United States International Trade Commission

 

Session 2.3: Firms

P1016

Chair: Sandra Poncet, Université de Paris

 

1.  Mentality Change Is Critical for Chinese Enterprises to Succeed in a Global Marketplace. Lianlian Lin, California State Polytechnic University Pomona

Discussant: Jian Su, Brandeis University

 

2.  Private Sector, Economic Policy and Regional Development in China. Yifan Zhang, University of Pittsburgh.

Discussant: Xiaopeng Yin, University of Windsor

 

3.  Earnings Management Among China’s Listed Firms. Qiao Yu, Fudan University

Discussant: Yao Yang, Peking University

 

4.  Study on Financing Problems of Transforming Traditional SMEs in Western China. Xiaowen Jie, Sichuan University

Discussant: Xiangdong Qin, Shanghai Jiaotong University

 

Session 2.4: Growth and Regional Development

P1018

Chair: Mei Wen, Australia National University

 

1.  Location of Sustainable Communities (Eco-Areas) in China, A Geographic Information Systems (GIS) Application. Lee Liu, Central Missouri State University

Discussant: Yehua Wei, University of Wisconsin, Milwaukee

 

2.  Analyzing Regional Inequality in Post-Mao China in a GIS Environment. Danlin Yu and Yehua Dennis Wei, University of Wisconsin, Milwaukee

Discussant: Mei Wen, Australia National University

 

3.  A Comparative Study in Economic Growth: China and India. Peter Koveos and Yimin Zhang, Syracuse University

Discussant: Li Gan, University of Texas at Austin

 

4.  The Trend of Economic Relationship between Two Sides of the Taiwan Straits and Its Development Policy under Economic Globalization. Yong-jun Chen and Zong-xin Yan, Xiamen University

Discussant: Gene Chang, University of Toledo

 

Reception Dinner

Sunday, August 2, 2003                                   6:30PM-9:00PM

Emerald City Restaurant

(Bus leaves from Business School at 6:00PM)

SUNDAY

Continental Breakfast

Saturday, August 3, 2003                                  8:00AM-8:30AM

Business School, 701 Tappan Street

Session 3

Sunday, August 3, 2003                                  8:30AM-10:10AM

Session 3.1:  Roundtable Discussion on RMB: Should China Revalue the RMB: Current Issues and Prospects

Michigan

Organizer: Gene Chang, University of Toledo

Panelists:  

Gene Chang, University of Toledo

Xinghai Fang, Shanghai Stock Exchange

Yuqing Xing,  International University of Japan

Jason Yin, Seton Hall University

Sam Baker, Trans-National Research

 

Session 3.2: Fiscal System

Wolverine

Chair: Qiao Yu, Fudan University

 

1.  China’s Capital Tax Reforms, Foreign Capital Utilization, and Trade Balance. Shuanglin Lin, University of Nebraska

Discussant: Genevieve Boyreau-Debray, World Bank

 

2.  China’s Tax System:  The Process Towards Opening to the Outside. Quanhou Zhao, Ministry of Finance of China and China Data Center, University of Michigan

Discussant: Holly Wang, Washington State University

 

3.  On the Intertemporal Sustainability of Fiscal Debt in China. Ying Wu, Salisbury University

Discussant: Yinggang Zhou, Cornell University

 

Session 3.3: Private Enterprises

P1016

Chair: Yi Wang, White & Case LLP

 

1.  Privatization and Firm Performance. Yao Yang, China Center for Economic Research, Peking University

Discussant: Youxin Hu, University of Hong Kong

 

2.  Globalization and Privatization: Evidence from China. Jian Su, Brandeis University

Discussant: Xiaodong Wu, University of North Carolina at Chapel Hill

 

3.  The Role of Public Venture Capital and their Private Strategies in China. Changwen Zhao, China Data Center, University of Michigan

Discussant: Lianlian Li, California State Polytechnic University Pomona

 

Session 3.4: Internal Markets

P1018

Chair: Li Gan, University of Texas at Austin

 

1.  Protectionism and Industry Localization in Chinese Provinces. Cecile Batisse, Center of Economic Research on International Development; Sandra Poncet, Université de Paris

Discussant: Sheng Li, University of Utah

 

2.  Economic Integration within China: Pattern, Factor Flow Restriction, and Growth Effect. Xiaopeng Yin, University of Windsor

Discussant: Guan Gong, University of Texas at Austin

 

3.  Domestic Market Fragmentation and Economic Growth in China. Sandra Poncet, Université de Paris

Discussant: Yongjun Chen, Xiamen University

 

4.  Blunting the Razor's Edge. Albert Park, University of Michigan

Discussant: Shunfeng Song, University of Nevada at Reno

 

Break

Sunday, August 3, 2003                                 10:00AM-10:20AM

Session 4

Sunday, August 3, 2003                                10:20AM-12:00PM

 

Session 4.1: Roundtable Discussin: The Economics and Business Education in China and Asia

Michigan

Chair: Changwen Zhao, Sichuan University

Panelists:

E. Han Kim, Business School, University of Michigan

Wen Hai, Peking University

Qiao Yu, School of Finance, Fudan University

Yongjun Chen, Institute of Economics Research, Xiamen University

Changwen Zhao, Business School, Sichuan University

  

Session 4.2: China and WTO III

Wolverine

 

Chair: Xiaodong Wu, University North Carolina at Chapel Hill

 

1.  On the Policy of Agricultural Financial Support After Entry WTO. Cuilian Meng, China Data Center, University of Michigan

Discussant: Qi Zhang, Chinese Academy of Social Sciences

 

2.  China’s Pork Market and the Potential Demand for U.S. Pork Export. Feng Gu, North Carolina A&T State University; XiangDong Qin, Shanghai Jiao Tong University

Discussant: Wen Du, Washington State University

 

3.  A Comparative Analysis of GDP’s Growth Rates and Volumes between China and the United States: 1980-2080. Hongchun Fu, Southwest University of Finance and Economics

Discussant: Aimin Chen, Indiana State University

 

4.  The Role of Home Market Effects on China-U.S. Trade. Fan Zhang, Peking University, and Zuohong Pan, Western Connecticut State University

Discussant: Peter Koveos, Syracuse University

 

Session 4.3: Industrial Development

P1016

Chair: Xiangdong Qin, Shanghai Jiaotong University

 

1.  The State-Share Paradox: Multiple Equilibria, Herding and Policy Failure. Yinggang Zhou, Cornell University

Discussant: Xiangdong Qin, Shanghai Jiaotong University

 

2.  Industrial Reform in Chinese Economy and the Case of Telecommunications Sector. Zhou Fang and Zhengxu Wang, University of Michigan

Discussant: Yinggang Zhou, Cornell University

 

3.  The Impact of Taiwan Business people’s Outward Investment in China on Their Competitiveness: A Case Study of Information Industry. Chen-Yuan Tung, National Chengchi University

Discussant: Lianlian Lin, California State Polytechnic University Pomona

 

4.  The Study on the Mode of Ownership Structure and Governance Mechanism of the Firm. Weizheng Chen, Sichuan University

Discussant: Ge Wu, Fudan University

 

Lunch

Sunday, August 3, 2003                                  12:00PM-1:30PM

Business School Phelps Lounge

Conference Concludes

Sunday, August 3, 2003                                                 2:00PM

　

Index

 

Last Name

First Name

Sessions

 

 

 

B

 

 

Baker

Sam

1.2, 3.1

Bao

Shuming

1.4

Barber

Brad M.

2.1

Barry

Michael

2.2

Batisse

Cecile

3.4

Boyreau-Debray

Genevieve

1.1, 2.1, 3.2

 

 

 

C

 

 

Chang

Gene

1.1, 2.4, 3.1

Chen

Yong-jun

3.4, 2.4, 4.1

Chen

Aimin

1.3, 2.2, 4.2

Chen

Weizheng

4.3

Cheng

Hong

1.2

Chomsisengphet

Souphala

2.2

 

 

 

D

 

 

Deardorff

Alan V.

Opening

Du

Wen

4.2

 

 

 

F

 

 

Fan

Weiwei

2.1

Fang

Zhou

4.3

Fang

Xinghai

Opening, 3.1

Fu

Hongchun

1.2, 4.2

 

 

 

G

 

 

Gan

Li

1.4, 3.4, 4.2

Gong

Guan

1.4, 2.3

Gu

Feng

4.2

 

 

 

H

 

 

Hai

Wen

Opening, 1.2, 4.1

Hu

Youxin

1.3, 3.3

 

 

 

J

 

 

Jie

Xiaowen

2.3

 

 

 

K

 

 

Koveos

Peter 

2.4, 4.2

Kim

E. Han

4.1

 

 

 

L

 

 

Li

Sheng

1.4, 3.4

Liao

Jun

2.1

Lin

Lianlian

2.3, 3.3, 4.3

Lin

Shuanglin

1.3, 2.2, 3.2

Liu

Lee

1.4, 2.4

Liu

Shijin

Opening

 

 

 

M

 

 

Meng

Cuilian

4.2

 

 

 

O

 

 

Odean

Terrance

2.1

 

 

 

P

 

 

Pan

Zuohong

4.2

Park

Albert

1.4, 3.4

Poncet

Sandra

1.1, 2.3, 3.4

 

 

 

Q

 

 

Qin

Xiangdong

2.3, 4.2, 4.3

 

 

 

S

 

 

Song

Shunfeng

1.2, 2.2, 3.4

Su

Jian

2.3, 3.3

 

 

 

T

 

 

Tong

Sarah Yueting

1.3

Tung

Chen-yuan

3.3, 4.3

 

 

 

W

 

 

Wang

Holly

1.1, 2.1, 3.2

Wang

Yi

1.2, 2.2, 3.3

Wang

Y. Richard

1.2, 2.1

Wang

Zhengxu

2.2, 4.3

Wei

Yehua Dennis

1.4, 2.4

Wen

Mei

1.3, 2.4

Wu

Ying

2.1, 3.2, 4.3

Wu

Xiaodong

1.3, 3.3, 4.2

Wu

Ge

2.1, 4.3

 

 

 

X

 

 

Xing

Yuqing

1.3, 3.1

 

 

 

Y

 

 

Yan

Zong-xin

4.1

Yang

Jiawen

3.1

Yang

Yanqing

1.1, 2.1

Yang

Yao

1.2, 2.3, 3.3

Yin

Xiaopeng

1.4, 2.3, 3.4

Yin

Jason

1.2, 2.2, 3.1

Yu

Danlin

2.4

Yu

Qiao

2.3, 3.2, 4.1

 

 

 

Z

 

 

Zhang

Qi

1.1, 4.2

Zhang

Fan

4.2

Zhang

Yimin

2.4

Zhang

Yifan

1.3, 2.3

Zhang

Jian

1.2, 2.2

Zhao

Changwen

2.1, 3.3, 4.1

Zhao

Quanhou

3.2

Zheng

Lu

1.3, 2.1

Zhou

Yinggang

3.2, 4.3

 

Contact:

CES2003 / China Data Center

University of Michigan

Suite 3630, 1080 South University Ave.

Ann Arbor, MI 48109-1106 USA

 

TEL: (734)647-9610

FAX: (734)764-5540

EMAIL: ces2003@umich.edu

http://chinadatacenter.org/ces2003/