25 years of reform have transformed China from a centrally planned and closed system to a predominantly market-driven and open economy. China is emerging as the new powerhouse for the world economy. This book discusses the impact and significance of this transformation, presenting conclusions...

Preliminary -- Illustrations -- Abbreviations -- Contributors -- 1. Conditions and prospects for sustaining China's economic growth -- 2. What are the legitimate worries about China's WTO membership? -- 3. The dynamics of transition in ownership structure -- 4. China's WTO membership -- 5....

Preliminary -- Contents -- Tables and figures -- Abbreviations -- Contributors -- 1. Twenty years of economic reform and structural change in the Chinese economy - Ross Garnaut -- 2. Economic growth over the past twenty years - Xiaolu Wang -- 3. Agricultural reform - Yongzheng Yang -- 4. Trade...