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    15 July 2019, Volume 51 Issue 4 Previous Issue    Next Issue
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    WANG Yuan-hua and the Reflection of Post-May-Fourt
    2019, 51 (4):  1-2.  doi: 10.16382/j.cnki.1000-5579.2019.04.001
    Abstract ( 308 )   HTML ( 317 )   PDF (390KB) ( 328 )   Save
    Master WANG Yuan-hua calls himself as a "son of the May Fourth Movement". He reflects on the deficiencies of the May Fourth,traces back to Rousseau's doctrine of nation-state and then returns to the spirit of freedom and humanism of the May Fourth and the stance of modern civilization. In this way,he inherits the spirit of the May Fourth through reflecting on the May Fourth. WANG has lots of deep and unique insights into Chinese and Western theories of literature,philosophy and social politics. We need to further consider how to understand the intellectual issues raised by WANG,how to establish a discourse system of literary theory with Chinese characteristics by re-studying Chinese classical academics,especially classical theories of literature,and how to inherit the spirit of the May Fourth and go beyond it.
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    A Century of the Study of Chinese Stylistics
    WU Cheng-xue
    2019, 51 (4):  17-28.  doi: 10.16382/j.cnki.1000-5579.2019.04.002
    Abstract ( 333 )   HTML ( 10 )   PDF (2247KB) ( 371 )   Save
    In the last hundred years,the study of classical Chinese stylistics has undergone a process from decline to revival,which is essentially a transformation from traditional Chinese stylistics to modern Chinese stylistics. The New Culture Movement and the practice of Reform and Opening up have constituted two significant turning points in this process. In the past century,foreign cultures and the new culture have made contribution to reconstruction while deconstructing traditional Chinese stylistics. In recent decades,the study of Chinese stylistics has returned to tradition at a higher level in the grand structure of world literature. This also reflects the fortune of traditional Chinese academic studies in modern China. The study of Chinese stylistics in the last century has borne the task of "continuing the endangering enterprise of predecessors" and that of "exploring new academic spheres" at the same time.
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    Literary Criticism in the Time of Crisis: A Comparative Study of QIAN Zhong-shu,Auerbach and Bakhtin
    Der-wei WANG
    2019, 51 (4):  29-41.  doi: 10.16382/j.cnki.1000-5579.2019.04.003
    Abstract ( 283 )   HTML ( 15 )   PDF (2728KB) ( 555 )   Save
    QIAN Zhong-shu's Notes on Literature and Arts(Tanyilu),Erich Auerbach's Mimesis:The Representation of Reality in Western Literature and M.Bakhtin's Rebelais and His World were created in the time of national crisis,so that they can be comparatively read as literary events in the world. These three books are very different as far as their genres,styles,methodologies and world views are concerned. However,since they were all completed at the wartime,the authors had similar uncontrollable reflection on the decline of civilization and the distress of individual life. Moreover,their grand view of history,broad academic knowledge and deep insight into literary criticism has brought modern significance to "writing in sufferings". Although these three scholars and their works can be interpreted from various perspectives,the overriding concern is not a detailed analysis of some of their works but why and how QIAN,Auerbach and Bakhtin found solutions in literature,which emotions they have put into literary criticism and which images they have relied on to develop their doctrines. Besides their historical backgrounds,we can also examine how these three masterpieces will bring us inspirations in terms of methodology and their political and cultural correlations.
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    Reexamination on the Dialectical Methodology in “Value Form” in the Context of Das Kapital
    SUN Liang
    2019, 51 (4):  42-48.  doi: 10.16382/j.cnki.1000-5579.2019.04.004
    Abstract ( 456 )   HTML ( 7 )   PDF (1243KB) ( 275 )   Save
    The narrative method "from abstract to concrete" and the research method "from concrete to abstract" constitute basic methodology in Das Kapital,which has been well-demonstrated in the section "Value Form". As for the narrative method,it abides by the principle of identity between(abstract)form structure and (material)content world and the principle of their synchronous development and complete parallelism so that form is an end of material pursuit. Such a narrative method has become a popular research method in today's study of Marxist philosophy. This is a misuse of the methodology of Das Kapital. The research method requires to study the "established subject",which is embodied in Marx's criticism of the economic structure of capitalist society as the content. Only by reflecting on this misuse can we effectively promote the construction of the concept of emancipation.
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    Reconsiderations on Reification: A Textual Approach to the Chapter of “Commodity” in Das Kapital
    ZHOU Jia-xin
    2019, 51 (4):  49-54.  doi: 10.16382/j.cnki.1000-5579.2019.04.005
    Abstract ( 278 )   HTML ( 5 )   PDF (1010KB) ( 381 )   Save
    With the interpretation of Lukács Gyørgy Bernát and Western Marxism,New Dialectic school and Japanese Marxism,the "reification" has been a focus in contemporary studies of Marxist philosophy. In discussing "reification",the chapter of "Commodity" in Das Kapital is the most referred text,in which the term "reification"is usually used with "Sache","Ding" and "Gegenstand". By examining the process of composition and textual contents,we can find that the chapter of "Commodity" constitutes the starting point of narrative in the three volumes of Das Kapital. Moreover,the sector of fetishism in this chapter plays a particular role of "montage" in leading readers to move from the abstract to the concrete and grasp the capitalist mode of production both historically and logically.
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    Intellectual Resources and Contemporary Significance of “a Community of Shared Future for Mankind”
    DAI Zhao-guo, HAN Xu
    2019, 51 (4):  55-61.  doi: 10.16382/j.cnki.1000-5579.2019.04.006
    Abstract ( 352 )   HTML ( 10 )   PDF (1279KB) ( 281 )   Save
    The idea of "a community of shared future for mankind" is one of the significant insights in XI Jin-ping's socialist thought with Chinese characteristics in the new era. The theory of "a community of shared future for mankind" is a contemporary achievement by inheriting and developing Marxist theory of community. The Communist Manifesto has expounded a community of free individuals, the elimination of social confrontation and the creation of public spiritual products,all of which will provide a rich theoretical resource for constructing a community of shared future for mankind,since they are intrinsically linked to the value pursuit,practice path and civilization vision of a community of shared future for mankind.
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    On Japan's Solution to the Properties of the Returners from Taiwan after the World War Ⅱ
    XU Xian-fen
    2019, 51 (4):  62-70.  doi: 10.16382/j.cnki.1000-5579.2019.04.007
    Abstract ( 297 )   HTML ( 6 )   PDF (2134KB) ( 312 )   Save
    After the World War II,the returners from Taiwan had carried out various activities,requiring the Japanese government to make compensations for their lost properties during the war. In the interaction between the appeal of the returners,parliament activities and the government's response,the Japanese government adopted different standards. On the one hand,it sought the opportunities of reaching special agreements with foreign countries;on the other hand,it declared the government's having no legal obligation to compensate,gave special subsidies to angry returners through legislation as the final solution,and used the doctrine of the "bearing spirit of citizens" as an intellectual tool to stop the crisis. Whether Japanese people should bear the invasion crime that the Japanese government committed has always been questioned.
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    Reexamination on Stalin's Policy towards Germany after the World War Ⅱ (1945-1953): Based on the Records of the Meetings with Leaders of the Socialist Unity Party of Germany
    GE Jun
    2019, 51 (4):  71-81.  doi: 10.16382/j.cnki.1000-5579.2019.04.008
    Abstract ( 626 )   HTML ( 8 )   PDF (2103KB) ( 527 )   Save
    After the World War II,there was some tension in Stalin's solution to the German Problem, which caused ambiguity of the Soviet Union's goal in German policy. At first Stalin pursued a unified Germany with a "coalition government" and hoped that it would become a buffer zone of security between the Soviet Union and the West. However,with the break of the Cold War and the failure of the "coalition government" policy in Eastern Europe,Stalin tacitly approved of the establishment of the GDR's government. On the other hand,he still demanded the struggle for the reunification of Germany as the most important political task,and he did not support the official socialist construction in East Germany for a long time. The "Stalin Note" on March 10th,1952 was his last attempt to prevent the integration of the FRG into the western alliance. After the failure of his attempt,Stalin finally accepted the fact of the German split,but he was unwilling to allow the Soviet Union to assume the responsibility of splitting Germany. Stalin's attitude towards the German Problem led to the disagreement in the highest Soviet leadership on the German Problem after his death.
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    The Modernization of Nuclear Forces and the Alliance between the UK and US in Thatcher's Time
    GENG Zhi
    2019, 51 (4):  82-89.  doi: 10.16382/j.cnki.1000-5579.2019.04.009
    Abstract ( 272 )   HTML ( 15 )   PDF (1484KB) ( 324 )   Save
    To achieve the modernization of the UK's nuclear forces,Margaret Thatcher had to make a choice after she had became the Prime Minister whether continue to improve the existing nuclear missile system or purchase a new generation system from the US. Finally,Thatcher chose to conclude the "Trident" missile agreements with the US in order to consolidate the military-political alliance between the UK and US. These agreements were more conducive to the UK than previous ones,and the US also achieved its own goals,which has helped to raise both the Anglo-American nuclear alliance relationship and the "special relationship" between the UK and US to a new historical height.
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    Construction Design and Parameter Estimation of a Model on the Comprehensive Performance Evaluation of Government Purchasing Social Services: A Case Study of Social Services Purchased by Family Plan System in Pudong New Area,Shanghai
    WU Rui-jun, NI Bo, LU Yong, WANG Yi-yan
    2019, 51 (4):  90-102.  doi: 10.16382/j.cnki.1000-5579.2019.04.010
    Abstract ( 175 )   HTML ( 20 )   PDF (2471KB) ( 400 )   Save

    Based on a literature review of comprehensive performance evaluation of government purchasing public services,this paper designs a model of the comprehensive performance evaluation of government's purchasing social services and then scientifically estimates its parameters by using the data of social services purchased by family plan system in Pudong New Area,Shanghai. The model consists of four sub-models,namely (1)standard of basic management system construction of the entrusted social service units;(2)organization management performance(Employee Engagement)of the entrusted social service units;(3)satisfaction of related government officials,and (4)satisfaction of service beneficiaries. This paper sums up some replicable and practicable methods for performance management and evaluation of government purchasing social services so as to institutionally make up the shortages of the institutional construction of government purchasing social services.

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    An Empirical Analysis of the Emergence and Prevention of the Crime of Local Urban Juveniles
    WANG Rui-shan
    2019, 51 (4):  103-113.  doi: 10.16382/j.cnki.1000-5579.2019.04.011
    Abstract ( 175 )   HTML ( 8 )   PDF (2072KB) ( 322 )   Save
    Local urban criminal juveniles are different from floating ones in aspects of cultural level, living state,family situation,crime type and so on. From the perspective of containment theory,the cause of the crime of local minors should be analyzed from two aspects,namely,internal factors and external control. Improper family upbringing and learning failure weaken the inherent containment of the juveniles involved, while the absence of social control weakens the external containment of the juveniles involved. To prevent the crime of local urban juveniles,we should improve family upbringing,school education and community service and promote the construction of "juvenile police".
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    On the Foundation and Path of In-situ Urbanization within County in China
    YANG Chuan-kai
    2019, 51 (4):  114-122.  doi: 10.16382/j.cnki.1000-5579.2019.04.012
    Abstract ( 238 )   HTML ( 6 )   PDF (2415KB) ( 373 )   Save

    As the basic unit of China's administrative divisions,county is an important platform for the integration of urban and rural development. Under the background of a new era,with the increase of return migration and rural-urban migration within county,and the implementation of the strategy of rural vitalization, it is necessary to accelerate the development of county urbanization. On the basis of related theories on in-situ urbanization,this paper proposes the concept of in-situ urbanization within county. We believe that current characteristics of migration,villagers' migration intentions to move to cities,and national policies are the realistic basis for promoting county-level urbanization development. However,local governments are also facing some problems in the process of promoting county urbanization development. To accelerate the development of county-level urbanization are proposed,we shall increase villagers' abilities to settle in cities,pay attention to returning migrant workers,improve the attractiveness of small and medium-sized cities and small towns,and build distinctive towns.

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    Multidimensional Policy Effect Analysis of Housing Accumulation Fund System: Also on Promoting Its Balancing Function of both Housing Renting and Purchasing
    LU Jin-fei, XIAO Ya-qin
    2019, 51 (4):  123-132.  doi: 10.16382/j.cnki.1000-5579.2019.04.013
    Abstract ( 213 )   HTML ( 8 )   PDF (1825KB) ( 288 )   Save

    In order to systematically analyze the policy effect of housing accumulation fund system,this paper subdivides it into three policy dimensions,namely,participation breadth,participation depth,and participation activity,based on the China Household Financial Survey(CHFS)data. We analyze the impact of the first housing,multiple housing,and housing wealth of urban employees in China according to the general life circle of family wealth. Using computation model and regression analysis based on the time series of historical background and sample age characteristics,this paper finds that there are differences in the policy effects of the three dimensions of China's housing accumulation fund system:participation breadth has obvious promotion effect on urban employees' ownership of housing;participation activity has obvious positive effect on housing ownership and housing wealth;participation depth has positive effect on housing wealth. Further date analysis also reveals that the benefiting surface of the housing accumulation fund system is too narrow,which reduces the general value of the system. Especially,the system has basically not been used to housing renting. This paper suggests that the system function orientation should be adjusted,opening the system's function on housing renting in order to construct balanced development of both housing renting and purchasing.

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    The Classification and Calculation of Tax Rates on Tax Deferral Commercial Pension Insurance in China
    FAN Kun, YANG Wen-ni, QIAN Lin-yi, HE Yu-xin
    2019, 51 (4):  133-142.  doi: 10.16382/j.cnki.1000-5579.2019.04.014
    Abstract ( 270 )   HTML ( 5 )   PDF (1940KB) ( 283 )   Save

    The aging of the population in China is becoming more and more serious and the three pillars of the pension insurance system are out of balance. In order to promote the development of commercial pension insurance as the third pillar and relieve the pension pressure,China has carried out the pilot project of the deferred commercial pension insurance system. The current pilot scheme adopts the so-called "one-size-fits- all"policy. However,under our calculation,some people will not receive tax concession under such a policy. Based on the revised tax rate table of personal income tax,we classify people according to monthly income and calculate corresponding pension tax rate. We put forward some suggestions to improve the current tax deferred pension system in China. Also,the income classification can be converted into the classification of the receiving amount. Finally,the sensitivity analysis of consumer age,retirement age,personal income rate and the threshold of personal income tax are given.

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    The Cause and Significance of the Japanese Yen as the Main International Transaction Currency
    ZHANG Yan-hong, HUANG Ze-min
    2019, 51 (4):  143-153.  doi: 10.16382/j.cnki.1000-5579.2019.04.015
    Abstract ( 781 )   HTML ( 12 )   PDF (2035KB) ( 349 )   Save

    Judging from the volume of transactions in the international foreign exchange market,the yen has become the third largest foreign exchange currency in the world. The reasons why the yen has become a major international exchange currency are as follows. Firstly,Japan has three basic conditions,namely, economic power,trade power and moderate degree of dependence on foreign trade. Secondly,Japan has completely abolished foreign exchange control and established a highly developed financial market by promoting financial liberalization for a long time,thus creating a good market environment for the internationalization of the Japanese yen. Thirdly,through the channels of euro-yen bond,yen international bond,international direct investment and indirect investment,Japan has become a major net creditor country in the world,and the yen is not only universally accepted in Japan,but also has strong universal acceptance all over the world. Finally,the long-term value stability and low interest rate have made the yen a high-quality safe-haven currency and an arbitrage currency with good price,so that it is favored by international investors. We can learn much from the successful experience of the Japanese yen to promote the internationalization of RMB. We should give priority to the realization of free convertibility of RMB and then consider expanding the use of RMB in international transactions. We should build a highly developed domestic financial market and make it become one of the basic conditions for expanding the international trade of RMB. The stability of RMB value and exchange rate should be maintained to make it become an international asset preferred by international investors.

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    On the Central Exchange Rate and Its Fluctuation Range in a RMB Exchange Rate Target Zone
    HUANG Yi
    2019, 51 (4):  154-163.  doi: 10.16382/j.cnki.1000-5579.2019.04.016
    Abstract ( 226 )   HTML ( 5 )   PDF (1759KB) ( 260 )   Save

    In the crucial period of RMB internationalization,the top priority for the monetary authorities is a market-oriented reform of the mechanism of RMB exchange rate and an establishment of a RMB exchange rate target zone. It is essential for the establishment of such a target zone is to determine the central exchange rate. Through Johanson co-integration test between nominal exchange rate and labor productivity,it is proved that there exists Barrassa-Samuelson effect in China. With this as the theoretical basis,the VEC model of RMB central exchange rate is estimated by taking into account policy objectives and other factors. According to the error between the central exchange rate and the average exchange rate,it can be determined that the fluctuation range of the target zone is ±[3%-5%]:When the fluctuation of the exchange rate of RMB against US dollar deviates from the central exchange rate within ±3%,the authorities need not intervene;when it touches ±3%,it is regarded as an early warning signal,and if it exceeds ±3%,the intervention depends on the specific situation;and interventions must be carried out when more than ±5%. To this end,the People's Bank of China should further deregulate general position of SSFE,and avoid to intervene passively;a small portion of the excess foreign exchange reserves should be used to set up an exchange stabilization fund to intervene in the foreign exchange market and manage the exchange rate,and the remaining excess foreign exchange reserves should be converted into gold reserves.

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    An Empirical Study on the Relationship between Inflation Rate and Stock Return under the Three-Regime System: Based on the Markov-Switching VAR Model
    LONG Cui-hong, WANG Hai-wei, YAN Yu-xin
    2019, 51 (4):  164-174.  doi: 10.16382/j.cnki.1000-5579.2019.04.017
    Abstract ( 209 )   HTML ( 8 )   PDF (2421KB) ( 322 )   Save

    The correlation between inflation rate and actual stock return rate has always been one of the hot issues in macroeconomics. By constructing a theoretical model of asymmetric relations between stock return and inflation rate and establishing the Markov Regime-Switching VAR model to explore their relationship under the three-regime system,we come to some conclusions:Stock return is low under low inflation,the highest under moderate inflation and the lowest under hyperinflation,except the coexistence of "deflation and bull market" during the second half of 2014;by giving inflation rate a positive external impact,actual stock return changes reversely in three regimes,so that the "riddle of Fisher Effect" does exist in the A-share market of China;actual stock return rate and inflation rate also show a negative trend when the economic system transits between systems by innovatively applying the regime-switching impulse response function.

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    On the Effect of Political Connection on Commercial Bank Performance: Also on the Moderating Role of Macroeconomic Goals and Board Governance
    HAO Yun-hong, ZHANG Yan-ni, WANG Shu-xian
    2019, 51 (4):  175-184.  doi: 10.16382/j.cnki.1000-5579.2019.04.018
    Abstract ( 432 )   HTML ( 8 )   PDF (1798KB) ( 280 )   Save

    The "development view" believes that political connection can promote the performance of commercial banks through interest-transferred government project,while the "political view" believes that political connection can weaken the performance of banks by increasing the bank's non-performing loans through the government-guiding banks to implement economic policies. Based on the panel data of 14 commercial banks from 2007 to 2016,we study the impact of political connection on bank performance,and explore the moderating effect of government's macroeconomic goals and board governance. The empirical analysis shows that political connection can significantly improve the banks' financial performance,while political connection can also increase the banks' non-performing loan ratio. The macroeconomic goals will reduce the positive impact of political connection on banks' financial performance,but it will increase the positive impact of political connection on bank non-performing loan rate. Board governance structure does not affect the relationship between political connection and bank financial performance,but it will reduce the positive effect of political connection on banks' non-performing loan rate.

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