Focusing on China's economic expansion and structural adjustments, this book provides a comprehensive analysis of governance systems and capabilities. It evaluates both short-term debt and long-term economic performance, alongside associated financial risks. The text delves into the market-oriented reform process during economic development, exploring institutional and structural characteristics. It encompasses research on various sectors, including residents, corporations, financial institutions, and government levels, offering an in-depth understanding of the country's economic landscape.
This book offers a comprehensive historical overview of Chinese economic reform over the past 30 years, tracing its evolution from inception to the current critical phase. It encompasses research on the reform process and detailed descriptions of key reform areas since the Third Plenary Session of the 18th CPC Central Committee. The author identifies six key logics of Chinese economic reform. Firstly, reform is cyclical, alternating between rapid progress and stagnation, prompting a reevaluation of conventional views. Secondly, it is systematic, requiring supporting reforms in various fields for success. Thirdly, the interplay between reform, development, and stability must be carefully managed, diverging from Western theories that prioritize efficiency. Fourthly, the success of Chinese reform is not coincidental; it is rooted in theoretical logic and transcends the debate between progressive and radical approaches. Fifthly, the Top-level Design should integrate with the practical approach of "crossing the river by moving from stone to stone," ensuring that theoretical foundations align with reform practices. Finally, understanding ongoing reforms in China necessitates consideration of global competition and reform dynamics.
The book examines global financial systems through a historical lens, analyzing various financial institutions and their impact over time using economic and econometric models. It presents a unique Chinese perspective, featuring insights from prominent Chinese scholars on the dynamics of these systems, particularly those influenced by the West. Readers will gain an understanding of Chinese views on global finance and its future, making it a valuable resource for both researchers and a wider audience interested in international finance.
The analysis delves into China's economic operation and Xi Jinping's development thoughts in the new era, structured into six parts. It outlines guiding principles of socialism's political economy, explores epistemology and methodology, and examines the dynamics of economic development in a new normal context. The book discusses the motivations and measurements for development under a new concept, the pathway to a modern economic system, and highlights China's contributions to global governance and development through its unique wisdom and solutions.
