Demystifying China’s Economy Development

1. Front Matter

   Pages i-viii

   PDF

2. It Takes 30 Years to Reach Benevolent Governance

   • Fang Cai

   Pages 1-19

3. Development Is an Unyielding Principle

   • Fang Cai

   Pages 21-38

4. Reform Is the Fundamental Driving Force

   • Fang Cai

   Pages 39-56

5. Globalization and Chinese Factor

   • Fang Cai

   Pages 57-77

6. Development Stages and Turning Point

   • Fang Cai

   Pages 79-98

7. Engine for Sustainable Growth

   • Fang Cai

   Pages 99-114

8. Sustaining Demographic Dividend

   • Fang Cai

   Pages 115-133

9. Realization of Inclusive Growth

   • Fang Cai

   Pages 135-152

10. Digging the Institutional Dividend

    • Fang Cai

    Pages 153-175

11. Embracing the Great Renaissance

    • Fang Cai

    Pages 177-194

This book explains why China’s opening-up policy can boost the rapid growth of its economy. Based on concrete facts and economic logic, it offers a brief introduction to the history of China’s successful development, which has unprecedentedly helped improve people’s lives and community welfare over the past 30 years. In light of the newly emerging problems, the author assesses the different stages of China’s economic development and new challenges, illustrating how the country’s sustainable growth could be achieved through further reforms so as to complete the transition from a middle-income to high-income country. He moves on to discuss the lessons learned from China’s experiences and summarizes their significance for other developing countries, while also clarifying popular misconceptions such as the “China Menace” and “Theory of China’s Collapse.” Taking the logic of economic development as a basis and employing economic norm analysis methods, the book describes China’s economic miracle in plain but vivid language and attempts to enrich the economic development theory through China’s experience.

• China’s economic development
• China’s experience
• China’s successful development
• Contemporary China
• Economic Growth

• Institute of Population Studies, Chinese Academy of Social Sciences, Beijing, China

  Fang Cai

Fang Cai, graduated from the Agricultural Economics Department at Renmin University of China in 1982. Cai received a Master's Degree in Economics from the Graduate School of the Chinese Academy of Social Sciences in 1985 and earned a Doctorate of economics from the same institution in 1989. Cai is director of the Institute of Population Studies and Chief editor of the Chinese Population Sciences, ”Carter Center" Professor of Zhejiang University, member of the Ministry of agriculture, Cargill member of the Committee of experts of the Ministry of Labor and Social security. His masterpieces are The Miracle of China, Development Strategy and Economic Reform, The Chinese Ongoing Agricultural Economic Reform, and Competition, Policy Burden and Reform of State-Owned Enterprises, etc.

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