improving the market system -- 7. Appropriate institutions and sustainable growth : China's development and its worldwide … mechanisms. It is illustrated that whilst contemporary China has obviously made great economic strides, a wide variety of … problems are accumulating over time. The book concludes that following three decades of high economic growth, China now faces …

"Over the past three decades, China's economic structure, direction and international presence have undergone a … dramatic transformation. This rapid rise and China's enormous success in economic terms has created new challenges, and this … China's continued sustainable development' in economic, political, social and more traditional environmental terms, this …