Since the founding of the People's Republic more than forty years ago, China has experienced numerous economic cycles and economic readjustments. One of the characteristic regularities of China's economic development is the cyclic fluctuation manifested as the rise-fall-rise again-fall again of...

Every country has its own peculiar set of conditions and national circumstances, its own peculiar traditions, and its unique path to follow. In particular, when it comes to an enormous developing country such as China, a country with such a huge population and such a vast territory, with its...

>i>1. The background to writing this "Report on State Capacity":>/i> The fact that the relationship between the central government and the local governments is one of the chief contradictions and points of conflict in China's society [today].

Beginning on New Year's Day in 1994, the Chinese government formally inaugurated the implementation of a system of tax sharing between the central government and local governments. This was taken to be one of the most important and wide-ranging institutional innovations in our nation since the...