The Advantages and Disadvantages on the Chinese Market Term Paper

The Advantages and Disadvantages on the Chinese Market - Term Paper Example Further on the development of external trade in China is seen by analysts as an extremely positive trend. China has already outrun Japan to become the third largest merchandise trading country right after the USA and Germany. â€Å"Merchandise exports rose by 35.4%, with production at foreign-funded enterprises estimated at about 58% of exports. Merchandise imports grew by 36.0%† (Asian Development Bank, 2005, p.20). China’s participation in WTO was followed by political reforms of reducing import tariffs and removing non-tariff barriers. All these trends along with strong domestic and external demand make China extremely attractive as an opportunity to invest funds. Positive general economic trends have also influenced the pharmaceutical industry of China. The analysis of performance in 2004 has shown that â€Å"China's pharmaceutical industry continued to maintain a momentum of steady growth, achieving a stable rise in both output and sales revenues. Exports maintained a stable growth and there was a continuous improvement in the industry's international competitiveness† (Research in China, 2005). Chemical preparation industry has showed the greatest uptrend among the industry segments, while the raw chemical material industry grew slowly. Overall tendencies of 2004 indicate the shift from the race for greater market shares to more complex and comprehensive competition based on various factors. While the evaluation of recent performance of Chinese pharmaceutical industry has shown a considerable positive momentum, the forecast for this industry are even more optimistic. Despite the challenge of operating in China, it is the fastest growing pharmaceutical market, rising by 28% in 2004, versus 7% global growth. It is currently the ninth largest pharmaceutical market but at current growth rates China is likely to overtake Germany and France by 2015. (Business Insights, 2005) The government of China has realised the importance of pharmaceutical industry to the national economy and has taken pharmaceutics under central planning. Initiated reforms have influenced the pharmaceutical industry positively.

Mile Durkheim Essay Example | Topics and Well Written Essays - 250 words

Mile Durkheim - Essay Example His family was a rather prominent one in the Jewish community with his male lineage being rabbis. He deviated from this path and became interested in the social sciences. Durkheim found a majority of the humanities in French academia to be uninteresting; therefore he focused on the areas of psychology, philosophy, ethics, and finally sociology. Durkheim’s biggest goal with sociology was that he wanted it to be a quantitatively and scientifically method heavy field. As a result, he wanted to take the scientific method that was used in the natural sciences and use it on society in an effort to describe and predict collective behavior. He believed that a collective consciousness was the glue, which bound everyone together in society. This consisted of beliefs, values, traditions, etc. which all served an important role in unifying society. With the rise of the industrial era and an increase in the segmentation of jobs, he worried that society was changing as the economy was destr oying the collective unconsciousness. Instead, it was being replaced upon the reliability and interconnectedness of economic principles. Being one of sociology’s principle founders, Durkheim played an important role in establishing sociology as a scientific field, rather than just as an abstract humanitarian course. This was achieved because of the emphasis he placed on taking the scientific method and applying it to society so that the research and discipline in the field would proliferate. He died on November 15, 1917.