An Introduction to the Chinese Economy: The Driving Forces Behind Modern Day China
List of tables.
List of abbreviations.
Notes from the author.
Chapter 1: A brief history of China.
The origins of the nation.
Rise and fall of the empire.
China in the new millennium.
Chapter 2: Spatial and administrative divisions.
Southern and northern parts.
Chapter 3: The foundation of the Chinese economy (I).
Land and water.
Minerals and energy resources.
Chapter 4: The foundation of the Chinese economy (II).
Labor and education.
Chapter 5: Political and economic systems.
Party versus state.
State and market.
Finance and banking.
Chapter 6: Economic growth and social justice.
Regional economic differences.
How (un)equal is the Chinese society?
Poverty and social security.
Chapter 7: International economic engagement.
China opens its door.
Foreign direct investment.
Chapter 8: Studying Chinese economics: Key issues.
Why China has a collectivistic culture.
Why China adopted a gradual economic reform.
Why the Chinese economy cannot be spatially optimized.
Why China’s long-term growth isn’t sustainable.
A historical chronology.
China’s cultural similarity with your country.
Guo specializes in regional economics with an emphasis on Chinese economic issues and in cross-border and cross-cultural issues. He has over 20 years of experience in teaching and research in China, as well as in Australia, Japan, South Korea, Italy, Germany, and the US. His recent research projects include cross-cultural economic management, intercultural economic analysis, cross-border resource management, conflict management in disputed areas, economic growth and income distribution, and Chinese economic reform.
In 2008, Guo received an award for Outstanding Research in the Ninth Global Development Conference held in Australia. He has published more than 20 books in both English and Chinese.
-- Richard C. Bush, Senior Fellow and Director, Center for Northeast Asian Policy Studies, The Brookings Institution, and Co-author of A War Like No Other: The Truth About China's Challenge to America
Teachers of introductory courses on the People's Republic of China will find this book very useful. It not only provides an introduction to the success of the world's most dynamic economy, it places that development in its social, cultural, and political contexts with a great deal of insight and erudition.
-- David S. G. Goodman, Professor of Chinese Politics and Director, Institute of Social Sciences, University of Sydney
An excellent overview of basic facts about China's economy, society, political system, government, geography and history.
-- Pieter Bottelier, Economist and Senior Adjunct Professor, Johns Hopkins University
Professor Guo Rongxing uses events from Chinese history and concepts from Chinese philosophy to illuminate Chinese political economy, thereby adding an important, previously missing piece of the Chinese jigsaw puzzle and bringing a valuable Chinese perspective to understanding China.
-- Giles Chance, Visiting Professor, Guanghua Business School, Peking University
Author of China and the Credit Crisis
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.