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BUSINESS & ECONOMICS | 13
The Chinese Economy
Reform and Development
Cai Fang, Justin Lin Yifu and Cao Yong
ISBN 9780071232067 • MHID 0071232060 • 2009 • Softcover • 880pp
The Chinese economy is dynamic and complex. It has undergone rapid as
well as radical structural changes over the past three decades since economic
reform began in 1978. At the beginning of the reform, China was a closed,
highly undeveloped economy. It has now become one of the most important
players in the global economy in international trade, international finance,
international environmental development, and many other areas.
This book aims to study the Chinese economy by looking at the nation’s
market-oriented reform of economic systems and market development.
One has a direct impact on the other—China’s current economic success
would not have been achieved without market-oriented reform, which
progressed systematically and stably with the support of continuous
economic development. The authors systematically discuss the progress
of reform, the establishment of various markets and the market operation
system, as well as the issues encountered in the process. With contributions
from top economists in China today, The Chinese Economy is a must-read
for international business investors, policy makers, researchers, and the
layperson with a strong interest in understanding China’s challenging and
amazing economy.