China s 40 Years of Reform and Development:

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1 Abbreviations ABC AIIB AMC APEC AREAER ASEAN ASEAN+3 BIS BOC BRI CA CAP CASS CBIRC CBRC CCB CCCP CEO CFETS CFIUS CIRC CMA Comecon CoVaR CPC CPI CPTPP CSRC DRC Agricultural Bank of China Asian Infrastructure Investment Bank asset management company Asia-Pacific Economic Cooperation Annual Report on Exchange Rate Arrangements and Exchange Restrictions Association of Southeast Asian Nations Association of Southeast Asian Nations Plus Three Bank for International Settlements Bank of China Belt and Road Initiative current account collective action plan Chinese Academy of Social Sciences China Banking and Insurance Regulatory Commission China Banking Regulatory Commission China Construction Bank (People s Construction Bank of China) Central Committee of the Communist Party chief executive officer China Foreign Exchange Trade System Committee on Foreign Investment in the United States China Insurance Regulatory Commission China Meteorological Administration Council for Mutual Economic Assistance conditional value-at-risk Communist Party of China consumer price index Comprehensive and Progressive Agreement for Trans-Pacific Partnership China Securities Regulatory Commission Development Research Center xxiii

2 China s 40 Years of Reform and Development: EBRD ESOP FDI FGD FPA FSDC FTA FTAAP FTC GATS GATT GCF GDP GFC GFRS GFS GIO GNI GNP GW HCS HMT HRS HSR hukou IAP ICBC ICOR IECFR ILO IMF IPO IPSAS IRENA European Bank for Reconstruction and Development Employee stock ownership program foreign direct investment flue-gas desulfurisation farmers professional association Financial Stability and Development Committee free trade agreement Free Trade Area of Asia and the Pacific foreign trade corporation General Agreement on Trade in Services General Agreement on Tariffs and Trade gross capital formation gross domestic product Global Financial Crisis government financial reporting system Government Financial Statistics gross industrial output gross national income gross national product gigawatt household contract system Hong Kong, Macau and Taiwan household responsibility system high-speed rail household registration system individual action plan Industrial and Commercial Bank of China incremental capital output ratio Index of Effectiveness of China s Financial Regulation International Labour Organization International Monetary Fund initial public offering International Public Sector Accounting Standards International Renewable Energy Agency xxiv

3 ISFRC KA KORUS FTA kwh LGFV LLC LNG LSG M&A M2 Index of Systemic Financial Risk in China capital account United States Korea Free Trade Agreement kilowatt hour local government financial vehicle limited liability company liquefied natural gas Leadership Small Group merger and acquisition money supply MC-25 Made in China 2025 MES MFN MIIT MOF MOFCOM MW NAO NBS NDRC NPC NPL NUI ODI OECD OLI PBC PFM PICC PLA PPP PRC QR marginal expected loss most favoured nation Ministry of Industry and Information Technology Ministry of Finance Ministry of Commerce megawatt National Audit Office National Bureau of Statistics National Development and Reform Commission National People s Congress nonperforming loan New Urbanisation Index outward direct investment Organisation for Economic Co-operation and Development ownership advantage, location advantage and internalisation advantage People s Bank of China public financial management People s Insurance Company of China People s Liberation Army purchasing power parity People s Republic of China quantitative restriction Abbreviations xxv

4 China s 40 Years of Reform and Development: R&D RCEP ROA ROE ROFA RUMiC S&T SAFE SASAC SCE SCIO SDR SEZ SME SNA SOB SOE SOME SRC SSSR STEM TFP TFR THAAD TI TISA TPP TRIM TRIPS TSP TTIP TVE UDIC research and development Regional Comprehensive Economic Partnership returns on assets returns on equity returns on fixed assets Rural Urban Migration in China survey science and technology State Administration of Foreign Exchange State-owned Assets Supervision and Administration Commission state-controlled enterprise state capital investment and operations company Special Drawing Rights special economic zone small and medium-sized enterprise System of National Accounts state-owned bank state-owned enterprise stated-owned mining enterprise Systems Reform Commission supply-side structural reform science, technology, engineering and mathematics total factor productivity total fertility rate Terminal High Altitude Area Defense Transparency International Trade in Services Agreement Trans-Pacific Partnership Agreement on Trade-Related Investment Measures Agreement on Trade-Related Aspects of Intellectual Property Rights temporary storage program Transatlantic Trade and Investment Partnership township and village enterprise urban development and infrastructure company xxvi

5 Abbreviations UN UNCED UNCTAD UNFCCC US USTR VAT WTO United Nations UN Conference on Environment and Development United Nations Conference on Trade and Development United Nations Framework Convention on Climate Change United States United States Trade Representative value-added tax World Trade Organization xxvii

6 This text is taken from China s 40 Years of Reform and Development: , edited by Ross Garnaut, Ligang Song and Cai Fang, published 2018 by ANU Press, The Australian National University, Canberra, Australia.

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