China’s Economic Reform Experience and Implications China Perspectives Series

China?s growth miracle over the past 30 years has propelled it to become the world?s second largest economy and potentially the largest in the following years. This book examines China?s experience on economic reform, trying to find the reasons for the sustainable and rapid development and provide insights into the study of economic theories.

From the perspective of political economics, this book elaborates on China?s socialist market economy which was officially confirmed as the goal of the country?s economic reform in 1992. It expounds on China?s economic model, the relationship between socialism and market economy, as well as the establishment and improvement of socialist market economy in China, deepening the studies in the laws governing China?s economic development. Then, it explores the gradual reform, the reform of state-owned enterprises, and the relationship between governments and market, all of which are crucial to the success of China?s economic reform. Finally, based on the analysis above, this book discusses the reasons for the constant and rapid development of China?s economy.

With detailed analysis on the reform experience and theoretical implications, this book will appeal to scholars and students studying China?s economy, and contribute to the development of economic theories.

Chapter 1 Practices of Economic Reform and Development of Economics in China Chapter 2 Political-Economics Analysis of Chinese Economic Model Chapter 3 Theories and Practices on Socialist Market Economy Chapter 4 Logic of Gradual Reform in China Chapter 5 Market Failure Does Not Constitute the Basis for Existence of the State-owned Economy—Concurrently on the Status and Role of the State-owned Economy in the Socialist Market Economy Chapter 6 The Relationship Between Government and Market in the Socialist Market Economy Chapter 7 Reasons for the Constant and Rapid Development of Chinese Economy Index

Yu Zhang is Professor of economics at Renmin University of China, one of China’s top universities for economics. He has been devoted to the studies of political economics and socialist market economy for more than twenty years.