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This course focuses on the empirical research on China's opening economic operation analysis and policy options. The key aspects of this course are mainly concentrated in four aspects. Firstly, grasp the inherent ideas, practical measurement method and the dynamic transition path of comparative advantages. Secondly, master the essence of Exchange Rate Determination and International Payment Theory. Also, find out the affecting factors and economic effect of balance of payments adjustment. Thirdly, be familiar with the economic factors of international capital flows, the economic theory of multinational companies, and economic analysis of foreign investment from developing countries and so on. Finally, understand the policy options, such as the selected criteria of trade and investment policies, the pros and cons of exchange rate regime arrangements, development strategy and the relationship of profit distribution in the open market. Topic discussion should be the main pattern in this course, which requires learners to read a large number of academic literatures both home and abroad and to actively participate in class. The goal is to culture and improve learners' research capacity of analyzing China's opening up practical problems.
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