This book is part of a series which makes available to English-speaking audiences the work of the individual Chinese economists who were the architects of China’s economic reform. The series provides an inside view of China’s economic reform, revealing the thinking of the reformers themselves, unlike many other books on China’s economic reform which are written by outside observers.
Li Jiange (1949-) is one of the most notable and powerful economists holding office in China at present. He is currently the Vice-Chairman of the Central Huijin Investment Company, one of the most influential financial institutions in China. He is also a member of the National Committee of the Chinese People’s Political Consultative Conference, and a Professor at the Chinese Academy of Social Sciences and other academic institutions. He has held many important positions in the state Research Office and the Department of Policies, Laws, and Regulations, and has been Director of the China Securities Regulatory Commission. His work has included major contributions to debates about maintaining financial stability, about achieving equitable income distribution, and about China’s overall economic development.
The book is published in association with China Development Research Foundation, one of the leading economic and social think tanks in China, where many of the theoretical foundations and policy details of economic reform were formulated.
2. A debate on the relationship between planning and the market
3. ‘Futures’ in China: theory, policy, and systems
4. On making China’s system of circulation more market-oriented, and on creating institutions to handle the market
5. The role, responsibility, and destiny of economists
6. On capital markets
7. China’s reform and opening up, and the establishment of clean government
8. Going beyond the labor theory of value
9. Various thoughts on rural employment, rural finance, and rural public healthcare
10. Financial innovations, financial stability, and financial regulation
11. China’s energy sector: issues of government regulation, and making the sector more market-oriented
12. On income inequality and being industrious
13. A look at the stock market from a new perspective
14. Concepts that underlie market regulation
15. Incentive mechanisms, moral hazard, and the basis for a market
16. Xue Muqiao: a great master who experienced the vicissitudes of a century
17. What exactly do we want to learn?
18. A letter on income distribution
19. Why are medical costs so high?
20. How to pull together medical resources and distribute them in a reasonable way
21. China’s evolving industrial policy
22. Striking a balance among wages, employment, and efficiency
23. A new approach to the old problem of ‘empty accounts’ in pension funds
24. NDC: a pension-fund reform model that is worth considering
25. Prudent handling of the three main relationships
26. On transforming China’s mode of economic growth and speeding up economic restructuring
27. Economic development and environmental protection
28. Resolving fairness issues must rely on ‘reform’
29. Strategies and goals for a water-conserving society: new conceptual approaches for handling water issues