China S Transition To A Global Economy

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 development of a market economy. By these indexes globalization in China has been gradual and uneven. Integrating Western social science and Chinese research, this book assesses the nature and effect of globalization in China and its implications.

This book brings together leading international scholars and leading scholars from China’s highly prestigious Development Research Centre of the State Council of the People’s Republic of China, who all put forward their insights into the current challenges for the Chinese and the world economy. The book focuses on six topics: economic growth, trade, industry and services, innovation, finance, and environment and ecology, all of which are central to the sustainable economic growth of China and the world. Overall, the book provides balanced perspectives as well as rich empirical evidence from China and other parts of the world on the development and regulation of the Chinese and the world economy.

The remarkable rise of China over the past three decades has been unprecedented in both its scale and speed. Analysts around the world have attempted to understand the causes of this unique event and to predict how long it will last. China's rise has also raised two important questions. The first concerns the stability and the sustainability of China’s growth, which has been accompanied by growing internal and external imbalances, rising inequality at home, environmental degradation and an increased risk of catastrophic climate change, and has happened in spite of the continuing, if diminished, role of the state in many sectors of the economy. The second concerns trying to guess what the effect of China’s rise will be on its relations with the rest of the region, the world and the existing global order. It seems only a matter of time until China becomes the world’s largest economy, and history suggests that it is unthinkable that this event would be without geopolitical consequences. The chapters in this volume draw on papers originally presented to the 34th Pacific Trade and Development Conference held in Beijing in 2010 to discuss these two big questions and China’s changing role in the world economy. This book will be welcomed by students and scholars of Chinese economics, business and politics, and those interested in the pervasive impact of China’s development on the global economy.

This work focuses on the theme of twin transitions occuring in the Chinese economy: the transition from a centrally planned economic system to a market orientated one, and from an agrarian to a modern industrialized society. This book covers developments in the macroeconomy; productivity and reform of state-owned enterprises; issues of international trade such as the management of the exchange rate; the pattern of exports and the development of e-commerce; and problems in the agricultural sector and the environment.

As a prospective economic giant in the next century, developments in the Chinese economy are of significance to the global economy. This book consists of contributions concerned with analysing contemporary developments and issues facing the country after two decades of economic reform, and key policies which will exert a profound influence upon the country's prospective growth and development momentum into the next millennium. This well-researched book, although comprehensive in its coverage, is succinct and very readable, and will be of interest to scholars and students of developing and transitional economies, business practitioners and policy-makers.

Essay from the year 2019 in the subject Business economics - Business Management, Corporate Governance, grade: A+, University of South Australia, course: INTERNATIONAL BUSINESS MANAGEMENT, language: English, abstract: This essay examines the future role of China and India within Global Economy based and GDP and GDP per person and the reasons and reforms that have led to their presently strong position. By 2050, it is projected that the two largest economies in the world will be China and India. The growth and decline of the Indian and Chinese economies have had massive influence on the economy of the world. The influence of the two economies can have positive connotations for instance in the last three decades, but the impact can also be negative as was witnessed in the previous centuries. China and India can take over the role of being the main engines of global economic growth.

This book by the renowned Chinese scholar Dr. Yinxing Hong provides the reader with a perceptive analysis of what has worked in China’s development model. Over the past 30 years, China has experienced a remarkable economic rise, but it now faces the challenge of switching the drivers of this economic growth, which have proven so successful. The path has not been an easy one, and many challenges lie ahead. However, the rise of the Chinese economy has been the most significant global development in recent years. Is there a specific Chinese model? How was the Chinese transition, from a Soviet-style economic structure to one that is more open to market influences and the global market, achieved? In 15 essays, Dr. Hong provides fascinating insights to these and other key questions. The essays cover the challenges involved in transition and how the market-oriented reforms progressed; what the consequences of the transition were for public goods provision and how China opened up its economic system. The essays in Part II address the remaining challenges facing rural areas trying to develop a more consumer-driven economic base, and how to effectively modify the model of economic development. This book provides a sound basis for policymakers and scholars alike, as well as anyone who wants to get an insider’s view of the progress and challenges faced by China’s economic development.

Analysis of the domestic policy challenges facing China in the context of trade and investment liberalisation.