（本文刊发于《中国经济周刊》2018年第23期）

CEW Editorial

P03| Reform and combination of state and local taxation

Cover Story

P16| How does the World Cup affect the economy?

Exclusives

The 40th Anniversary of the Reform and Opening-up

P34| Interviewing foreign enterprises: Shell China

P38| Starbucks’ Howard Schultz is stepping down

China Economic Forum

P40| The development of unicorn companies in China

P42| Ai Luming’s and Ren Zhiqiang’s opinions on environmental protection

Macro&Policy

P44| Increasing minimum wage standard

P48| Report: 2018 China’s foreign trade development environment

Finance&Capital

P52| Valuation Adjustment Mechanism

P55| Juru group’s crisis

P57| MSCI lists 226 Chinese stocks for index inclusion

P59| Analyzing bond default risk of listed companies

P61| An analysis of six listed Internet finance companies’ financial reports of 2018 Q1

Industry&Company

P65| JD’s X department

P68| Blockchain and traditional industry

International

P70| Italy’s new Prime Minister and its populist government

Opinions

P72| Strengthening capital finance is in progress

P74| Personal income tax 

P76| Deleveraging in SOEs

Column

P77| The founder and former chairman of Wumei Holdings Zhang Wenzhong was pronounced innocent 

P80| What kind of financial opening-up does China need?

P85| Financial crisis

Reading

P86| China’s Market-Oriented Reform in Energy Section

2018年第23期《中国经济周刊》封面