"It's inevitable that older state enterprises and economic sectors here are going to lose out, " said Hu Angang, an economist at the Chinese Academy of Sciences.
22.
Angang and Thyssen Krupp Stahl agreed to renew an earlier agreement on the venture reached in February 2001 under which each side would contribute U . S . dlrs 30 million to the venture.
23.
Hu Angang, a researcher at Qinghua University in Beijing, estimates that while the nominal tax rate is 45 percent, the government actually collects only about 0.6 percent of aggregate personal income.
24.
Such attempts to boost agriculture are well-meaning, but resources are too stretched to implement reforms quickly or broadly enough to be effective, said economist Hu Angang of the Chinese Academy of Sciences.
25.
Angang Field Hockey Stadium, located in the district of Angang-eup, is home to Gyeongju City Hockey, which is one of four professional women's field hockey teams in South Korea.
26.
Angang Field Hockey Stadium, located in the district of Angang-eup, is home to Gyeongju City Hockey, which is one of four professional women's field hockey teams in South Korea.
27.
"China is a developing country that must strengthen development of its railway, highway, higher education and medical-care sectors, " said Hu Angang, a senior government economist in Beijing.
28.
This is good news, given that, as noted by Hu Angang, of Tsinghua University in Beijing, manuf which has suffered the worst from SARS, accounted for about 40 percent, he estimates.
29.
The companies have received preliminary government approval for the 50-50 joint venture in the Dalian Economic Development Zone with an annual capacity of 400, 000 metric tons, Angang said in a legal announcement Wednesday.
30.
"The opening of China to the outside world began with Mao Zedong's meeting with Richard Nixon in 1972, " said Hu Angang, a leading economist here at the Chinese Academy of Sciences.
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