Traditional Chinese Medicine (hereafter referred to as TCM) is made by Chinese herbal formulae and includes a ratio of pharmaceutical elements, which contain known health-enhancing functions. The... Show More

Traditional Chinese Medicine (hereafter referred to as TCM) is made by Chinese herbal formulae and includes a ratio of pharmaceutical elements, which contain known health-enhancing functions. The trial process of the invention of TCM requires a lot of creative work and involves some risks. Winning patent protection for TCMs presents technical barriers on the patent examination. To address the problem of patent protection for TCM requires an understanding of history, medicine, pharmaceutical science, and modern drug development. The patentability of TCM may ultimately depend upon the determination of the scope and right contents of TCMs and the creation of a special patent examination system for this purpose.

The paper demonstrates that China has undergone an increasingly severe transfer of regional taxes from the central and western areas to the coastal region between 1997 and 2006, and among the taxes... Show More

The paper demonstrates that China has undergone an increasingly severe transfer of regional taxes from the central and western areas to the coastal region between 1997 and 2006, and among the taxes transferred, the enterprise income tax claimed a lion’s share. Such transfer of regional taxes resulted in an unfair distribution of tax revenue, failing to alleviate the gap between rich and poor.

The business success of “Brain Platinum” is a success of a business model based on thorough analysis of the Chinese context. Underlying its advertisements is a well designed business logic which... Show More

The business success of “Brain Platinum” is a success of a business model based on thorough analysis of the Chinese context. Underlying its advertisements is a well designed business logic which embodies keen understanding of the Chinese situation and creation of customer value. Although there are numerous business models effective in different parts of the world, not every one could be made to work in China: only those that comply with the Chinese situation can grow and prosper in the soil of the Chinese market economy. The business model of the famous health product “Brain Platinum” is such a successful case.

Foreign direct investment (FDI) has taken an important role in economy development in China. During the period of Greece economy recovery, new Marshall Plan would offer good opportunities to Chinese... Show More

Foreign direct investment (FDI) has taken an important role in economy development in China. During the period of Greece economy recovery, new Marshall Plan would offer good opportunities to Chinese enterprises, if FDI (Foreign Direct Investment) can be made on scientific analysis basis in order to avoid risks. As a growing country, China would make more contribution in economy recovery in Greece.

In the era of knowledge economy, improving quality of labor force has great effort on enhancing innovation ability of Chinese enterprise and improving competitiveness of the whole country.... Show More

In the era of knowledge economy, improving quality of labor force has great effort on enhancing innovation ability of Chinese enterprise and improving competitiveness of the whole country. Currently, the quantity of Chinese labor force isn’t enough mainly due to several reasons: firstly, population policy emphasized “quantity” rather than “quality”; secondly, the structure in labor force market is irrational; thirdly, big differences exist in labor quality between urban and rural areas; fourthly, intellectual capital investment in education and training has been far from enough. However, Intellectual Capital theory has provided a solid theoretical basis for the author to improve labor quality. It suggests setting up an active policy to promote intellectual capital investment; strengthen intellectual capital investment in education system; encourage more and more Chinese enterprises to use Intellectual Capital business model in management; and set up special founding for young generation.

Eco-knowledge city is a new concept for the world’s urban studies, an all-new urban form, and concept of urban development and strategy. The core of eco-knowledge city is to surpass the traditional... Show More

Eco-knowledge city is a new concept for the world’s urban studies, an all-new urban form, and concept of urban development and strategy. The core of eco-knowledge city is to surpass the traditional urban development model of industrial society strategically, to purposely encourage citizens to learn and share knowledge equally, and to enhance creativity through the cultivation of knowledge, technological innovation, and scientific research, sequentially to reduce material consumption and pollution, and to achieve cooperative development of urban economy, society, and environment. Shenzhen would not only pay attention to elements of ecological knowledge in the industrial field, but also would like to embody the characteristics of emphasis on ecology and respect for knowledge in all aspects of city life. Ecological knowledge has become the source of power for the city to continue moving forward.

This paper provides an overview of the foreign ownership in the China’s listed companies. The characters are as follows: 1) It has a small proportion of shares, showing not in control position in... Show More

This paper provides an overview of the foreign ownership in the China’s listed companies. The characters are as follows: 1) It has a small proportion of shares, showing not in control position in most companies; 2) it has a strong preference for the banking industry; 3) most of them have been located in the developed regions; 4) most of them mainly come from Asia, especially from Hong Kong, Macau and Taiwan; 5) most of them have share in value-add big companies. In addition, this paper found a significant difference in big foreign shareholders of stock preference between direct and indirect investment.