scholarly journals The Language Features and Translation of Business Contracts

2021 ◽  
Vol 2 (2) ◽  
pp. p42
Author(s):  
Li Chunying
Keyword(s):  
International Trade ◽  
International Business ◽  
Foreign Relations ◽  
High Speed ◽  
Negative Impact ◽  
Chinese Economy ◽  
Business Contract ◽  
Reform And Opening Up ◽  
Opening Up

Since the reform and opening up policy was adopted, Chinese economy has been keeping on developing with high speed, so as to its international trade. Therefore, English business contracts are widely used in the foreign economic and trade activities. However, we also find that there are still many foreign-related economic disputes which mainly caused by the ambiguity of translation happening in these trades. Due to the unclear rules of the parties’ obligations and rights, the improper translation of the contract, the meaning vague and the loose broad, the parties are tracked in this situation where any part of them could intentionally or unintentionally exploited a contractual loophole to avoid responsibility and obligation, which would lead to a dispute. The distortion of translation can lead to the fuzziness and uncertainty of contract which can be easily exploited by commercial fraud to evade responsibility; this situation is happened in reality and practice which has negative impact on foreign relations and trade. In order to make the business activities carried out more effectively, this article will discuss it mainly from the perspective of lexical characteristics and translation principal of business contract in order to make the translation be more accurate to benefit international business trade.

scholarly journals Looking Ahead: China Becoming a High-Income Economy

2020 ◽  
pp. 179-209
Author(s):  
Shaojie Zhou ◽  
Angang Hu
Keyword(s):  
High Speed ◽  
High Growth ◽  
High Income ◽  
Gdp Growth ◽  
Annual Increase ◽  
Reform And Opening Up ◽  
Opening Up ◽  
Constant Prices

Abstract Nearly four decades of reform and opening-up shows that China is one of the few successful cases of development. First, sustained high growth became a reality in China. China’s GNP grew by 32.19 times from 1978 to 2016 at constant prices, that is, an annual increase of 9.6%, of which the annual GDP growth hit 9.9% and 7.8% from 1978 to 2010 (high-speed growth) and from 2011 to 2016 (moderately high-speed growth) respectively on average.

scholarly journals Controlling Methods and Causes of Wall Cracks of Civil and Industrial Construction Projects

2021 ◽  
Vol 4 (6) ◽  
Author(s):  
Zhiqi Guan
Keyword(s):  
Construction Projects ◽  
Chinese Economy ◽  
Construction Quality ◽  
Industrial Construction ◽  
Building Safety ◽  
The Common ◽  
Reform And Opening Up ◽  
Safety And Stability ◽  
Opening Up

Since the reform and opening up, Chinese economy has developed rapidly. Industrial and civil construction projects have made significant progress. That said, it is of great significance to further strengthen the construction management of industrial and civil construction projects for the long-term development of construction industry in China. In terms of reality, one of the common problems in the current industrial and civil construction is wall cracks, which will have an important impact on the appearance of the building and the overall construction quality. Therefore, it is necessary to analyze the reasons and put forward corresponding measures on it. That is how we can continuously improve the construction quality in civil and industrial construction projects, thereby achieving the enhancement of building safety and stability.

scholarly journals The Development Standard Agreement Influences on National and International Business Practices

2016 ◽  
Vol 2 (3) ◽  
pp. 362
Author(s):  
Cindawati Cindawati
Keyword(s):  
International Trade ◽  
International Business ◽  
Rule Of Law ◽  
High Speed ◽  
Qualitative Method ◽  
Bulletin Board ◽  
Business Practices ◽  
The Rule Of Law ◽  
Contract Signing ◽  
The Right

The rapidly growing business traffic either nationally or internationally forces the business practices to establish a standard agreement to secure the products and to protect the buyer from any risks. The standard agreement successfully meets the demand of international trade which urgently need the high speed and the accuracy. The objective of this research is to find out how does the development of agreement affect to the commerce practices and what are the requirements of standard agreement in accordance with the right and obligation. A qualitative method is applied in searching data of business practices. This study uses a normative research which guides the rule of law or determines some business standards and norms. The finding of this study show that the development of agreement strongly affects to the commerce practices, and standar agreement is urgently needed by business practices as a guideline to perform business traffic as smooth as buyer and seller expect, then both seller and buyer should know the three alternative way used as the procedures of standard agreement, namely; contract signing, notification document agreement, and notification by bulletin board. At last, a standard agreement could be accepted as legal agreement corresponding to willingness and trustworthy.

scholarly journals Structural changes and economic growth in China over the past 40 years of reform and opening-up

2020 ◽  
Vol 3 (1) ◽  
pp. 19-38
Author(s):  
Xiahui Liu
Keyword(s):  
Economic Growth ◽  
Rural Area ◽  
Economic Structure ◽  
Structural Transformations ◽  
Chinese Economy ◽  
Content Type ◽  
Rural Industry ◽  
Main Engine ◽  
Reform And Opening Up ◽  
Opening Up

PurposeDuring the process of reform and opening-up, the structural transformations of the Chinese economy have two significant leaps forward and demonstrate a process of “rural area–industrialization (urban industry and rural industry)–urbanization” development powered by the main engine of economic growth.Design/methodology/approachThese two leaps forward resulted in transitions of economic structure in China. In the author’s view, structural transformations are closely related to China's economic reforms and can be divided into clear phases.FindingsThe structural transformations have two significant leaps forward and demonstrate a process of “rural area–industry (urban industry and rural industry)–urban area development” powered by the main engine of economic growth.Originality/valueThis paper reviews and summarizes the development and structural transformations in China’s economy over the last 40 years. The author believes that China’s economic miracle is accompanied by dramatic changes in its economic structure, which is particularly characterized by the ongoing process of transition from a traditional agricultural economy into a country with high industrial output, from industrialization into urbanization and from a planned economy into a market economy.

scholarly journals Translating on Purpose: Domestication in English Translations of Chinese Publicity Materials

2019 ◽  
Vol 7 (1) ◽  
pp. 10
Author(s):  
Licheng Lu
Keyword(s):  
Negative Impact ◽  
Cross Cultural ◽  
Syntactic Structures ◽  
Cross Cultural Communication ◽  
Skopos Theory ◽  
Great Progress ◽  
English Translations ◽  
International Image ◽  
Reform And Opening Up ◽  
Opening Up

English translations of Chinese publicity materials play an important role in introducing China to the outside world and in helping foreigners know more and better about the country. Since the implementation of the Reform and Opening-up Policy in China four decades ago, great progress has been recorded in translating Chinese publicity materials into English. However, poor translations still exist, such as those with linguistic errors, cultural inappropriateness, missing of information, inconsistency in the use of proper names, etc. These problematic translations exert a negative impact on China’s international image and the cross-cultural communication and exchange between China and the outside world. Under such circumstances, the present study proposes the application of domestication in translating Chinese publicity materials into English from the perspective of Skopos theory. Through illustrations with specific examples, three types of domestication are identified, namely, domestication of culturally-loaded words, domestication of syntactic structures and domestication of rhetorical devices.

The Architecture and Implementation for International Trade Settlement Software Design

2014 ◽  
Vol 644-650 ◽  
pp. 2939-2942
Author(s):  
Guo Jun Zhang
Keyword(s):  
International Business ◽  
Financial Institutions ◽  
Software Design ◽  
Accounting System ◽  
Settlement System ◽  
Business Professionals ◽  
J2ee Platform ◽  
Flexible Support ◽  
Reform And Opening Up ◽  
Opening Up

As China's reform and opening up the market, in the process of the WTO entering China, a growing number of financial institutions, enterprises, and individual funds began to internationally trade in a variety of ways. This system is based on the domestic bank of international settlement business has carried on the earnest analysis, comprehensive bank core accounting system and the peripheral system experience, on the basis of the practical demand for business bank, under the guidance of senior international business professionals in the industry and the design and development. The international settlement system adopts B/S structure, based on the J2EE platform, achieve security, flexible, support for multiple platforms.

scholarly journals The Causes and Countermeasures of Corruption in China

2021 ◽  
Vol 9 (2) ◽  
pp. p31
Author(s):  
Di Zhu
Keyword(s):  
Chinese Economy ◽  
Short Paper ◽  
Chinese Government ◽  
Allocation Of Resources ◽  
Negative Consequences ◽  
Social Unrest ◽  
Regional Income Inequality ◽  
High Level ◽  
Reform And Opening Up ◽  
Opening Up

Based on the Transparency International’s rank, China have had serious corruption issue so far (Lawrence & Weber, 2017). Since the reform and opening-up policy has been carried out in 1978, corruption has rapidly worsened in China, although the Chinese economy has been performing well (Wederman, 2004). Some scholars argued that the corruption may distort the allocation of resources, but unlike other countries, China’s economic growth was not affected significantly by corruption because of high level of public trust (Li & Wu, 2007). However, corruption may result in a serious regional income inequality and has significant negative consequences of increasing public resentment and social unrest causing more harm to economy (Wu & Zhu, 2011). As a result, the Chinese government often aggressively punishes the corruption actions by law (Lawrence & Weber, 2017).There are currently few researches to focus on corruption in China because of sensitive nature of corruption and lack of effective methodologies limited to surveys and case studies (Guo, 2008). In this paper, corruption only refers to bribery, a common form and consequence of abuse of public authority for personal gains (Wederman, 2004). By looking at some literatures, this short paper first elaborated on several reasons why corruption in China has been so serious, then come up with a constructive framework coping with corruption.

scholarly journals CHINESE PEACEFUL RISE AND DEVELOPMENT. THE THEORY OF “CHINA’S THREAT”

2016 ◽  
pp. 216-227
Author(s):  
AGHAVNI HARUTYUNYAN
Keyword(s):  
International Business ◽  
Global Economy ◽  
Chinese Society ◽  
Quarter Century ◽  
Peaceful Rise ◽  
Republic Of China ◽  
The Past ◽  
Reform And Opening Up ◽  
Opening Up ◽  
China’S Economy

People’s Republic of China (PRC) has achieved phenomenal economic growth and unprecedented development “miracle” in human history. From the middle of the first decade of this century China has become a significant player in the global economy, it has flourished into a formidable economy, ranked the second largest in the world, and stands as the largest, the fastest growing and the most heavily engaged in international business and investment. The sustained and rapid growth of China’s economy, since the late 1970s, initiated by Deng Xiaoping (8 March 1978 - 17 June 1983), driven by reform and opening-up policy, became one of the most important milestones of the global economy during the past quarter century. The reform and opening up has enabled China to complete the historic transformation from a semi-closed society into a fully open one. Today, the openness of Chinese society and its integration with the outside world have reached unprecedented levels. The consequence of integration into the global economy, economic development has made China into a major force and advocate of globalization. China has become the strategic center of the “global factory” that produces the commodities consumed globally, above all in the centers of global capitalism.

scholarly journals The interaction between standards development and economic growth of China

2019 ◽  
Vol 5 (1) ◽  
Author(s):  
Hao Zhang ◽  
Jiadong Jiang ◽  
Liwei Zheng ◽  
Xiangzhen Li
Keyword(s):  
Economic Growth ◽  
International Trade ◽  
Quality Management ◽  
Qualitative Analysis ◽  
International Standards ◽  
The World ◽  
Standards Development ◽  
The Government ◽  
Reform And Opening Up ◽  
Opening Up

AbstractChina has been participating in the international standards activities since the reform and opening up period. China’s standards action has not only brought about significant changes in the way of international trade, but also changed the connotation and manifestation of economic growth, which has further affected China’s position in the world standards development. On the basis of qualitative analysis of the interaction between standards development and economic growth, this paper quantitatively analyzes the degree of interaction between them. The results indicate that the higher standards in a country, the stronger its economic strength and the higher its position in world standards development. This conclusion is helpful for the government, industry authorities, and enterprises to pay more attention to standards in quality management and improve the standards level.

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