1st Edition

Contemporary Chinese Economy

By Gang Gong Copyright 2012
    224 Pages
    by Routledge

    The Chinese economy has been regarded as one of the most dazzling phenomena in the current world economy. A systematic, objective and academic analysis on the contemporary Chinese economy, however, is still lacking. This book, written by an excellent native Chinese scholar, fills this void in many respects lucidly.

    The book gives a systematic analysis on the modern Chinese economy since China's economic reform and its opening-up in 1978. It also includes analytical comparisons on differences between China and the West and illustrates how these differences in terms of economic structure, financial and administrative system, the governance of the economy attributed to the growth and economic performance of China. The book also provides a deep economic analysis on China's future difficulties and challenges in development. The book provides a strategic consideration on how China should meet with these challenges and difficulties.

    Since China is an example of successful rise of a developing nation in the current world, this book is an innovative contribution to academics in the field of macroeconomics for developing economies. The book illustrates the success from a new perspective. This book makes an excellent choice as a textbook for related courses on Chinese economy in universities. It also serves as an excellent reference for understanding and researching on contemporary Chinese economy.

    Part 1: Introduction and Preparation  1. Introduction  2. The Chinese Economy before Economic Reform and Opening-Up  3. The System Reform of Chinese Economy  Part 2: Reading the Brilliant  4. The Data from the Chinese Economy: What Have They Told Us?  5. The High Growth in China  6 The Economic Fluctuation and Macroeconomic Management in China  7. The Financial Market and its Regulation  Part 3: The Challenge in the Future  8. The Transformation of Growth Pattern in the Future Chinese Economy: Questions Raised  9. Technical Progress and Human Capital: Concurrently on the Future Fiscal Policy in China  10. RMB Exchange Rate and the Further Financial Reform: Concurrently on the Future Monetary Policy in China  11. The Challenge from 'Triple Agriculture', Energy and Environment Among Others  12. China in Globalization  Part 4: The Macroeconomic Model in Contemporary Chinese Economy


    Gong, Gang gained his PhD in Economics from New School University in the US. He is Professor in the School of Economics, Nankai University in China. He has published four books published by Princeton University Press and Oxford University Press, and has also published more than 40 academic papers in English and in Chinese. Currently, he is on the advisory board of Metroeconomica.