By joining the World Trade Organization China legitimizes its own brand of 'catch-up' industrialization. What has been learnt from the respective negotiations? What does China's entry mean for emerging Asia and the developing world at large? What implications will it have on the multilateral...

This is a revised and updated version of the celebrated 'Best Book on Chinese Economy'. It sets out to analyze and compare the operational mechanisms of the Chinese economy between the pre- and post-reform periods and through national, regional and local dimensions.

The most recent account of what is going on in the fast changing world and Chinese economics. Topics in the book include economic development, banking and finance, education reform, consumption patterns, the impact of social networking, population dynamics, policy making, and the challenges...

How has China approached the global economy? Webber, Wang and Zhu attempt to answer this question through analysis of the concepts of globalization, transition and regionalization. China's approach has been experimental, stressing the liberalization of trade and investment flows and the...

Can China and India continue to rank among the fastest expanding economies? This book highlights what has worked and what more needs to be done to ensure sustained rapid economic growth and poverty reduction. Addressing the two countries' recent experiences with growth and reform, this book...

Purpose At present, the Chinese economy has entered the "new normal" phase with the transformation of development stages from the low-income to the middle-income ones. Accordingly, there appear a series of innovations in development theories. Innovations involve creative destructions. Therefore,...

Purpose As the crystallization of Chinese wisdom and the shared wealth of all humanity, the Socialist Political Economy with Chinese Characteristics (SPECC) not only reveals the specific traits of SPECC but also indicates the general rules of the global economic development, showing both...

Purpose Economic theories on structural change focus on factors such as fluctuations in relative prices and income growth. In addition, China's reform and opening up has also been accompanied by increasing openness, significant fluctuations in investment rates, and frictions in the labor market....

Purpose In the process of reform, although every landmark theoretical breakthrough is marked by the speech of the highest leadership of the Communist Party of China (CPC) or the decision of the CPC National Congress, each breakthrough is attributable to the theoretical contribution made by the...

Purpose The shared development concept is crucial for the construction of a socialist political economy with Chinese characteristics. The paper aims to discuss this issue. Design/methodology/approach This is because shared development constitutes the logic thread of the socialist political...