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  • Book
  • © 2019

China’s Reform to Overleap the Middle-Income Trap

  • Includes respected authors' views on economic theory

  • Presents a study of the establishment and development of China's mixed ownership economy

  • Uses case studies to discuss agricultural modernization, new urbanization, the urban-rural gap, income growth, community management, pastoral areas of medicine and the newly-industrializing economy

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Table of contents (18 chapters)

  1. Front Matter

    Pages i-xxi

About this book

This book addresses how China could avoid the middle-income trap. Professor Li Yining proposed the framework and wrote the first article. Under Li’s guidance, other articles were written by researchers at the Guanghua School of Management, Peking University. It is well known that China's reform has been highly successful, but there are still many unsolved institutional problems. The book’s authors suggest that the middle-income trap is composed of three traps. Firstly, there is the “development system trap”. Secondly,  the “social crisis trap ” and finally, the “technology trap”. In order to avoid these traps, it is important for China to intensify its economic reform, to lessen the gap between the rich and poor, and to enhance innovations in technology as well as the capital market.This book uses both theoretical and case studies to discuss agricultural modernization, new urbanization, the urban-rural gap, income growth, community management, pastoral areas of medicine and the newly-industrializing economy, etc.

Editors and Affiliations

  • Guanghua School of Management, Peking University, Beijing, China

    Yining Li, Zhiqiang Cheng

About the editors

Li Yining, born in Yizheng of Jiangsu Province, is a professor of Peking University. He is also the director of Social Science Department and honorary president of Guanghua School of Management, Peking University. 


Cheng Zhiqiang, born in Chunhua of Shanxi Province, is a Ph.D. of Economics. He is also a part-time professor of Guanghua School of Management, Peking University and the director of China Postdoctoral Science Foundation.

Bibliographic Information

Buy it now

Buying options

eBook USD 84.99
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Hardcover Book USD 109.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access