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Chinese-English Comparison Table of Commonly Used Economic Terms
Money Matters: Common Economic Terms and Their Meanings
The world of economics is complex and filled with terminology that can be difficult to understand. To make things easier, here is a helpful guide that defines some of the most common economic terms and their meanings.
Gross Domestic Product......
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Corporate Social Responsibility
Corporate social responsibility (CSR) is an integral part of any business. It is a term that has many definitions, and companies should have an ethical social responsibility plan that fits with their values and meets the needs of their stakeholders. Some people fee......
Meaning and embodiment of greening steel industry
Introduction
The globalization of the world economy has given rise to increased competition and sustainability as one of the central themes in business leadership. This focus on sustainability has been driven by the need to meet the needs of both shareholders and other stakeholders in the enterpr......
Human Resource Value Accounting
Human Resource Accounting: Measuring and Reporting the Value of People
The age of information technology has made human resource accounting (HRA) an increasingly important means of measuring and reporting the value of human resources in a business organization. In today’s competitive business e......
Moral Hazard
Moral Risk
Moral risk is a term used to describe the risks of making decisions or conducting business activities that may be contrary to the law, or to certain ethical or moral standards. Moral risk is not just a financial concern, but also a legal and ethical one.
Moral risk comes in a variety ......
overrun effect
The supercritical effect is an investment and financial phenomenon that occurs when an amount of capital or investment is so large that it causes an inordinate increase in the profitability of a business venture beyond the traditional returns associated with ordinary investments. The phenomenon oc......
China Italian Life Insurance Co., Ltd.
China Life Insurance Co., Ltd. is one of the leading insurance companies in China, providing comprehensive life insurance and annuity products and services to customers. Founded in 1949, it is the first and largest life insurance enterprise in China, focusing on the development of long-term life i......
Tianjin Development Zone Shenzhou Investment Co., Ltd.
Tianjin Development Zone Shenzhou Investment Co., Ltd.
Tianjin Development Zone Shenzhou Investment Co., Ltd. is a leading Chinese investment conglomerate based in Tianjin, one of the four municipalities directly under the Central Government of China. It is a large-scale state-owned enterprise, e......
PricewaterhouseCoopers Consulting
PwC (PricewaterhouseCoopers) Consulting
PwC Consulting is a global leader in consulting services, providing comprehensive, professional and multi-disciplinary services to public, private and public sector clients worldwide. It has had more than two decades of success in providing advice and guida......
State-owned Assets Supervision and Administration Commission of the State Council
State Asset Supervision and Administration Commission of the State Council
State Asset Supervision and Administration Commission of the State Council (SASAC) is the main bureaucracy charged with managing the vast state-owned assets of the Chinese government. Established in 2003, SASAC has been ta......
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