Understanding and interpreting Chinese economic reform

Abstract

The Chinese economic reform beginning from 1978 had enormous success. This book interprets this process from the perspective of modern economics. It falls into four major parts. The first part touches upon the background of the reform and its evolution of strategy - administrative decentralization from 1958 to 1978, incremental reform from 1979 to 1993, and pushing forward as a whole from 1994 to the present. The second part discusses the reform strategies and implementation at different sectors - the agricultural sector, industrial sector, private sector, financial sector, and taxation. The third part discusses macroeconomic policies at the transition period, social relations and government's functions. In the last part, the author proposes the goals of the Chinese economic and political reform, - social equality and common wealth.