An Introduction to the Chinese Economy: The Driving Forces Behind Modern Day China

The driving forces of China’s economic ascendancy

This book presents an introduction to the Chinese economy at the national and the provincial levels. It clarifies the characteristics of natural and human resources and the regional differences in economic development. It also analyzes China's institutional evolution which would later on impact the rest of the world. Using many intriguing photos and informative figures and tables, this book provides an easy way to the understanding of the complicated process of the Chinese economy.

China’s economic juggernaut continues to astound the world year after year. Even in the face of the global financial crisis, China continued to drive strong economic growth. What are the factors behind the success?

Providing many of the answers is the newly published work by one of China’s top economic scholars, Rongxing Guo – “An Introduction to the Chinese Economy: The Driving Forces Behind Modern Day China” (ISBN: 978-0-470-82604-1) – which offers a comprehensive look at the contemporary Chinese economy at both the national and provincial levels. Based extensively on the author’s research, the book sets out to analyze and compare the operational mechanisms of the Chinese economy between the pre- and post-reform periods and through national, regional and local dimensions, addressing both the positive and negative consequences of the transformation.

Through the course of his analysis he explores such germane topics as population growth and the one-child family policy; labor force, education and technological innovation; income distribution and social justice; international trade and foreign investment; political and economic systems in transition; and the supply and demand of natural resources and environmental problems, as well as issues relating to the long-term sustainability of the Chinese economy.

This book offers powerful insight in that it not only is an introduction to the success of the world’s most dynamic economy, but also places China’s development in its social, cultural and political contexts. To help understand the growth process in economies as sui generis and complex as that of China, Guo has employed an interdisciplinary methodology, including numerous photos, figures and tables to provide an easy way to the understanding of the complicated process of the Chinese economy. This book will be an essential resource for scholars, business people, policymakers and anyone interested in the modern Chinese economy.