This book sorts out the causes, consequences and the evolution path of China's economic reform process from the historical dimension of China's economic policy changes, from which the long-standing contradictions and conflicts between the two different models can be seen throughout the process, i.e. the market economy and the state-dominated economy (e.g., Lenin's 'special state capitalism') as well as the potential risks that will be brought by the pause of market and law reform on China's economic and social development. The dispute on the paths exists and will continue, which builds the great complexity and arduousness since China's Reform and Opening-up. This book is written by Chinese economist Jinglian Wu, which helps readers to understand the history and logic behind China's reform and opening-up, as well as the challenges China is facing.

Reviews the development context of China's economic reform in the past 40 years Analyzes the contradictions and conflicts between market economy and state-dominated economy Points out the reform path of China's economic development in the future

Autorentext

Wu Jinglian, Chinese economist, graduated from the Department of Economics of Fudan University in 1954. He is an honorary member of the academic committee of the Chinese Economists 50 Forum, and the chief editor of periodical Comparative Studies and Journal of Legal and Economic Studies. He has been the standing director and researcher of Development Research Center of the State Council, Chaired Professor of the Baosteel Economics at the China Europe International Business School(CEIBS), professor of the graduate school of Chinese Academy of Social Sciences, as well as the Honorary President of the International Economic Association (IEA).

Inhalt

Chapter 1.- The End of the Cultural Revolution and the Beginning of the Post Maoist Era.- Chapter 2 The first test of market Socialism.- Chapter 3 Incremental reform leads the development of the private economy.- Chapter 4 The exploration of comprehensive reform in 1980s.- Chapter 5 The overall promotion of economic reform in the 1990s.- Chapter 6 Opening up has added impetus to reform and development.- Chapter 7 Turn of the century Market forces drive Chinas economic rise.