Deepening Reform for China’s Long-term Growth and Development

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Release : 2014-07-10
Genre : Business & Economics
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Book Rating : 777/5 ( reviews)

Deepening Reform for China’s Long-term Growth and Development - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Deepening Reform for China’s Long-term Growth and Development write by Ligang Song. This book was released on 2014-07-10. Deepening Reform for China’s Long-term Growth and Development available in PDF, EPUB and Kindle. The Chinese economy has entered a new phase of development in which sources of growth are not so much dependent upon pure increases in labour, investment and credit expansion, but from productivity improvement, structural changes, technological progress and the benefits from improvement of the social security and welfare improvement. When market functions are fully established to become a main channel for allocating resources, the entrepreneurship will flourish engaging in more innovative activities, workers will move more freely and have more incentives to improve their skills, firms will become more productive through market entry and exit, the economic structure will become more balanced because of the improved resource allocation, and in the end, growth will become more spontaneous and sustainable. In this sense, reforms could deliver ‘dividend’ by raising China’s potential economic growth rates. For China to confront all the challenges it faces at present, the reforms undertaken now have to be deep, comprehensive and far-reaching in order to succeed in paving the way for China to complete the task of transformation in the long-term. There is no better alternative than deepening the market-oriented reform in advancing the course of China’s modernisation for future development and prosperity and lifting China to the status of a developed economy in the next two decades. The recent China update books have covered the topic of reform from different angles and this new book is another attempt to address this important issue.

Deepening Reform for China{u2019}s Long-term Growth and Development

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Release : 2014
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Book Rating : /5 ( reviews)

Deepening Reform for China{u2019}s Long-term Growth and Development - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Deepening Reform for China{u2019}s Long-term Growth and Development write by Ligang Song. This book was released on 2014. Deepening Reform for China{u2019}s Long-term Growth and Development available in PDF, EPUB and Kindle. The Chinese economy has entered a new phase of development in which sources of growth are not so much dependent upon pure increases in labour, investment and credit expansion, but from productivity improvement, structural changes, technological progress and the benefits from improvement of the social security and welfare improvement. When market functions are fully established to become a main channel for allocating resources, the entrepreneurship will flourish engaging in more innovative activities, workers will move more freely and have more incentives to improve their skills, firms will become more productive through market entry and exit, the economic structure will become more balanced because of the improved resource allocation, and in the end, growth will become more spontaneous and sustainable. In this sense, reforms could deliver ‘dividend’ by raising China’s potential economic growth rates. For China to confront all the challenges it faces at present, the reforms undertaken now have to be deep, comprehensive and far-reaching in order to succeed in paving the way for China to complete the task of transformation in the long-term. There is no better alternative than deepening the market-oriented reform in advancing the course of China’s modernisation for future development and prosperity and lifting China to the status of a developed economy in the next two decades. The recent China update books have covered the topic of reform from different angles and this new book is another attempt to address this important issue.

The Turning Point in China's Economic Development

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Release : 2006-08-01
Genre : Business & Economics
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Book Rating : 769/5 ( reviews)

The Turning Point in China's Economic Development - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook The Turning Point in China's Economic Development write by Ross Garnaut. This book was released on 2006-08-01. The Turning Point in China's Economic Development available in PDF, EPUB and Kindle. Focuses on China's long-term pattern of growth and employment, demographic shifts, and rural-urban migration, its agricultural trade and local elections, China's banking sector reform and its fiscal sustainability, its environmental concerns, and much more.

Dilemmas of China's Growth in the Twenty-first Century

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Release : 2012-12-01
Genre : Political Science
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Book Rating : 592/5 ( reviews)

Dilemmas of China's Growth in the Twenty-first Century - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook Dilemmas of China's Growth in the Twenty-first Century write by Ligang Song. This book was released on 2012-12-01. Dilemmas of China's Growth in the Twenty-first Century available in PDF, EPUB and Kindle. Since economic reforms began in 1978, China has been a focal point for observing the effects of market liberalisation. China has not only truly become one of the ‘emerging giants’ in the world economy but also provided a successful example for transition from a centrally-planned to a market economy. Thus, there is a keen interest about what lies ahead for such a significant economic player. Dilemmas of China’s Growth in the Twenty-First Century is a comprehensive treatment of China’s economic achievements to date and prospects for the twenty-first century. Covering topics as diverse as economic stability and growth sustainability, WTO membership and its implications, income disparity, agricultural policy, trade and investment prospects, Dilemmas of China’s Growth in the Twenty-First Century is a powerful work and essential guide to the latest trends and prospects for the Chinese economy. This work, originally published by Asia Pacific Press, is reproduced here in the interests of maintaining open access to high-quality academic works no longer in print.

China’s 40 Years of Reform and Development: 1978–2018

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Release : 2018-07-19
Genre : Business & Economics
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Book Rating : 25X/5 ( reviews)

China’s 40 Years of Reform and Development: 1978–2018 - read free eBook in online reader or directly download on the web page. Select files or add your book in reader. Download and read online ebook China’s 40 Years of Reform and Development: 1978–2018 write by Ross Garnaut. This book was released on 2018-07-19. China’s 40 Years of Reform and Development: 1978–2018 available in PDF, EPUB and Kindle. The year 2018 marks 40 years of reform and development in China (1978–2018). This commemorative book assembles some of the world’s most prominent scholars on the Chinese economy to reflect on what has been achieved as a result of the economic reform programs, and to draw out the key lessons that have been learned by the model of growth and development in China over the preceding four decades. This book explores what has happened in the transformation of the Chinese economy in the past 40 years for China itself, as well as for the rest of the world, and discusses the implications of what will happen next in the context of China’s new reform agenda. Focusing on the long-term development strategy amid various old and new challenges that face the economy, this book sets the scene for what the world can expect in China’s fifth decade of reform and development. A key feature of this book is its comprehensive coverage of the key issues involved in China’s economic reform and development. Included are discussions of China’s 40 years of reform and development in a global perspective; the political economy of economic transformation; the progress of marketisation and changes in market-compatible institutions; the reform program for state-owned enterprises; the financial sector and fiscal system reform, and its foreign exchange system reform; the progress and challenges in economic rebalancing; and the continuing process of China’s global integration. This book further documents and analyses the development experiences including China’s large scale of migration and urbanisation, the demographic structural changes, the private sector development, income distribution, land reform and regional development, agricultural development, and energy and climate change policies.