40 Years of Reform and Opening-up

This book consists of studies on China's economic development since China carried out the reform and opening-up strategy, including China's economic restructuring, economic operational mechanism, socialist market economy, ination, the reform of the urban housing system, the economic impact of WTO entry, the future potential growth rate, global economic governance, structural scal and taxation reforms, the rapid growth of China's nancial industry, and more. These studies explores China's successful experience of economic growth in the past and will shed some light on China's economic development in the future, providing value to economists and Chinese scholars.

Offers insights into Chinese reform from the inside Gives an account of how major events such as accession to the WTO, felt from within the system Assesses the challenges that still lie ahead as China fights through the turbulent 21st century

Autorentext

Chaoyang Wang is a research fellow from Chinese Academy of Social Science (CASS), he used to be the editorial director of Finance and Trade Economics, an academic journal sponsored by National Academy of Economic Strategy, CASS. His major research interests include financial reform, financial services industry, financial centers, and the service economy.

Klappentext

This book consists of studies on Chinäs economic development since China carried out the reform and opening-up strategy, including Chinäs economic restructuring, economic operational mechanism, socialist market economy, in ation, the reform of the urban housing system, the economic impact of WTO entry, the future potential growth rate, global economic governance, structural scal and taxation reforms, the rapid growth of Chinäs nancial industry, and more. These studies explores Chinäs successful experience of economic growth in the past and will shed some light on Chinäs economic development in the future, providing value to economists and Chinese scholars.

Inhalt

Chapter 1: Several Theoretical Issues on China's Economic Restructuring.- Chapter 2: Economic Operational Mechanism: Market-centrism.- Chapter 3: On Socialist Market Economy - Why the Shift from a Planned Economy.- Chapter 4: On Inflation Since China's Reform and Opening-up.- Chapter 5: A Blueprint for Deepening Reform of the Urban Housing System.- Chapter 6: Economic Impact of WTO Entry and China's Policy Responses.- Chapter 7: Approaching Potential Growth Rate - A New Period of Rapid Economic Growth.- Chapter 8: New Focus in Opening-up Strategy: Playing an Active Role in Global Economic Governance.- Chapter 9: From Economic Instrument to Cornerstone of National Governance: Ultimate Objectives of the New Round of Structural Fiscal and Taxation Reforms.- Chapter 10: Rapid Growth of China's Financial Industry: Causes and Risks.