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中国经济的PESTEL分析 PESTEL Analysis of the Chinese Economy(4)

时间:2017-12-29 14:12来源:www.ukthesis.org 作者:英国论文网 点击联系客服: 客服:Damien
In the 1980s, the combination of central planning with market-oriented reforms were tried to implement in order to increase productivity, living standards, and technological quality but not lead to negative effect on inflation, unemployment, and budget deficits
In addition, Chinese Government pursued agricultural reforms, dismantling the commune system and introducing a household-based system that provided peasants greater decision-making in agricultural activities. Besides that nonagricultural activities like village enterprises in rural areas were also encouraged. Similarly, the government promoted more self-management for state-owned enterprises in order to increased competition in the marketplace, and create opportunities for China's domestic enterprise directly contact with the foreign ones.
On 20th June 2010, China's central bank set the Yuan exchange rate at higher level after committing to increase the flexibility of exchange rate of its currency. Reference exchange rate of the day was set at 6.7980 Yuan on USD 1 - its strongest level since September 2008, up 0.43% compared with the level of 6.8275 Yuan on 21st June 210. A stronger Yuan would make Chinese exports more expensive, help redress trade balances and bring some reliefs to foreign manufactures struggling to complete. The increase of Yuan exchange rate creates disadvantages for Soundtech Technology when they export their products to overseas markets because it raises the price in term of foreign currency.
Especially, in recent years the cooperative relationship between China and Singapore have been improved within related global and regional organizations such as the ASEAN plus China, Japan and South Korea, the Asia Pacific Economic Cooperation Forum (APEC) and the World Trade Organization (WTO). At the same time, both China and Singapore have conducted beneficial cooperation and put efforts to offer training sessions to a third country and to help their companies or enterprises explore and exploit the world market.
The 20th anniversary of the establishment of diplomatic corporation between China and Singapore is marked in year 2010 as well as the event of China's participation in the ASEAN Free Trade Area (FTA). By taking advantages of all the opportunity from the partners, China is ready to work with Singapore to lift bilateral relations to a "new level" and bring more substantial benefits to the citizens of both countries. For this reason, China Government always makes the best condition to welcome Soundtech Technology to invest in China.
2.3 Social factors
With a population officially over 1.3 billion and an estimated growth rate of 0.494%, China is very concerned about its population growth and has attempted with mixed results to implement a strict birth limitation policy. The government's goal is to stabilize the population in the first half of the 21st century, and 2009 projections from the U.S. Census Bureau are that the Chinese population will peak at around 1.4 billion by 2026. It can be said that China has huge population that supply to the market a profuse workforce which is an opportunity for Sountech Technology to expand its business in China.(责任编辑:BUG)

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