The Chinese Economy: Reform and Development

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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 economy with a highly undeveloped economic development. 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.