A Study on the Impact of Mainland Structural Reform on Cross-strait Economic and Trade Exchanges
- 10.2991/icoeme-18.2018.53How to use a DOI?
- structural reform; supply-side; cross-strait; invest
This paper inspects the effects of structural reforms of the mainland on the cross-strait economic and trade exchanges between 1995 and 2014. The research focuses on four fields: the institutional reform, the reform of the financial sector, the reform of the labor market, and the reform of the trading sector. The main conclusions are as follows: (1) The mainland’s structural reforms have brought significant positive effect on cross-strait trade and the direct investment from Taiwan to the mainland, among which the reform of mainland’s financial sector, dominated by banking ownership reform and interest rate control, has the greatest impact; (2) Compared with the mainland’s trade sector reform, the Cross-strait Economic Integration has more effectively closed the cross-strait economic and trade ties; (3) The role of institutional integration since 2010 in promoting the cross-strait economic ties needs further elaboration. The conclusions of this paper can provide enlightenments, including seizing the opportunity of structural reform of the supply side of the mainland to strengthen cross-strait economic ties, the reform process should give consideration to the guidance of the investment from Taiwan to the mainland, and deepening the economic integration of the two sides under the new situation.
- © 2018, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Xu Yonghui PY - 2018/11 DA - 2018/11 TI - A Study on the Impact of Mainland Structural Reform on Cross-strait Economic and Trade Exchanges BT - Proceedings of the 2018 International Conference on Economy, Management and Entrepreneurship (ICOEME 2018) PB - Atlantis Press SN - 2352-5428 UR - https://doi.org/10.2991/icoeme-18.2018.53 DO - 10.2991/icoeme-18.2018.53 ID - Yonghui2018/11 ER -