Economic Policy Of The People S Republic Of China

It is a pleasant task to welcome the appearance of the American edition of Professor Willy Kraus' valuable work on the economic and social development of the People's Republic of China, first published in German in 1979. The book has been updated in the light of the events that have occurred since the original publication and incorporates the latest statistical information made available by the Chinese authorities with unaccus tomed liberality. The American edition, like its German predecessor, is a monumental achievement of scholarship, attractively presented. In its comprehensiveness, insight, professionalism and wisdom it ranks among the best studies of the subject. It will add to the knowledge of the specialist, and help the interested layman find his way through the complexities of contemporary China's socioeconomic system. Professor Kraus' work is a most timely and welcome addition to a better and more thorough understanding of an absorbing and important subject. June 1982 Jan S. Prybyla Professor of Economics The Pennsylvania State University University Park, Pennsylvania Preface This book deals with China's development policies. It is based on the original German edition (1979), "Wirtschaftliche Entwicklung und sozialer Wandel in der Volksrepublik China," but is not merely a translation of the German original. The rapid changes in Chinese policy within the last two years, together with a sudden deluge of official data on economic and social developments in the People's Republic of China, have called for a basic and comprehensive revision of text and statistics.

This book deals with the current economic policy of the People's Republic of China. In addition to a brief overview of economic history since its founding and discussions of economic models, an overview of both the forms of business and the Chinese labor market is provided. The book pays particular attention to the development of China's e-commerce sector. Equally significant are China's environmental issues against the backdrop of the climate crisis. Without innovations, for example in energy production and waste management, the Chinese economy will hardly be able to continue growing. Therefore, one focus of the book is on economic policy in the environmental sector. Finally, foreign policy, including the Silk Road Initiative, is examined. The aim of this book is to highlight the above developments. It is aimed at laypersons involved in the business of China as well as first-year students who want an overview of economic policy institutions and current developments.

Study describing China's economic system and economic development trends between 1949 and 1978 - examines the socio-economic goals, historical background and exogenous determinants (incl. Physical geography, climate, political system and international relations) of Chinese development; discusses economic policy and trade relations; proposes an economic theory and an empirical economic model. Bibliography.

Despite the significant progress it had achieved in the past 60 years, especially in the past 30 years since Deng Xiaoping's reform initiatives in the late 1970s, China faces daunting challenges today. These challenges include, among others, a rigid political system that does not match economic vibrancy, uneven economic growth and widening income gap, a graying population, environmental degradation, potential social instability, ethnic tensions and separatist movement, poor international image, and military modernization. Based on papers originally presented at an international conference held at Bucknell University in Pennsylvania to mark the 60th anniversary of the People's Republic of China (PRC), this book provides an up-to-date, comprehensive, and authoritative assessment of the PRC's political, economic, social, ethnic, energy, security, military, diplomatic and other developments and challenges today. Contributed by scholars and experts in political science, international relations, economics, public administration, history, mass communication, psychology, and diplomacy, the book focuses on the efforts needed by China to grow in a sustainable manner and to become a respected global power. With each chapter addressing a different and yet an inter-related issue of the PRC's development, this book aims to make a significant contribution to the understanding of key challenges the country faces today as it strives to become a global power.

Professor Eckstein's book is a study of China's efforts to achieve rapid modernization of its economy within a socialist framework. Eckstein begins with an examination of economic development in pre-Communist China, specifically focusing on the resources and liabilities inherited by the new regime in 1949 and their effects on development policies. He then analyses the economic objectives of the Communist leadership - narrowing income disparities, maintaining full employment without inflation, and achieving rapid industrialization - and argues that the implementation of these goals required a potent ideology capable of providing a strong faith and motivational force for the mass mobilization of resources. In discussing the methods used by the government to achieve its aims, Eckstein makes a thorough evaluation of China's general framework for economic planning, particularly in regard to the distribution and pricing of farm products and the allocation of resources in the industrial sector. The author also evaluates the radical institutional changes in property relations and in economic organization in the People's Republic of China.

John P. Hardt -- China's post-Mao economic future / Robert F. Dernberger and David Fasenfest -- Recent Chinese economic performance and prospects for the ten-year plan / Nicholas R. Lardy -- The political dynamics of the People's Republic of China / William W. Whitson -- The Chinese development model / Alexander Eckstein -- Soviet perceptions of China's economic development / Leo A. Orleans -- Economic modernization in post-Mao China: policies, problems, and prospects / Nai-Ruenn Chen -- China: shift of economic gears in mid-1970s / Arthur G. Ashbrook, Jr. -- Political conflict and industrial growth in China: 1965-1977 / Robert Michael Field, Kathleen M. McGlynn, and William B. Abnett -- A survey of China's machine-building industry / Jack Craig, Jim Lewek, and Gordon Cole -- China's energetics: a system analysis / Vaclav Smil -- China's mineral economy / K.P. Wang -- China's electric power industry / William Clarke -- Population growth in the People's Republic of China / John S. Aird -- Technology and science: some issues in China's modernization / Jon Sigurdson -- Chinese employment policy in 1949-78 with special emphasis on women in rural production / Marina Thorborg -- Chinese agricultural production / Henry J. Groen and James A. Kilpatrick -- China's grain trade / Frederic M. Surls -- The evolution of policy and capabilities in China's agricultural technology / Thomas B. Wiens -- China's international trade and finance / Richard E. Batsavage and John L. Davie -- The Sino-American commercial relationship / Martha Avery and William Clarke -- Contracts, practice and law in trade with China: some observations / Stanley Lubman -- An analysis of China's hard currency exports: recent trends, present problems, and future potential / Hedija H. Kravalis -- The impact of most-favored-nation tariff treatment on U.S. imports from the People's Republic of China / Philip T. Lincoln, Jr., and James A. Kilpatrick -- The impact of U.S. most-favored-nation tariff treatment on PRC exports / Helen Raffel, Robert E. Teal, and Cheryl McQueen -- Chinese relations with the Third World / Carol Fogarty -- The impact of aid on Albanian industrial development: the Soviet Union and China as major trading partners / Adi Schnytzer.

Monograph on the economy of China - reviews past and current economic problems of population, agriculture, industry, money and banking, transportation and communication, commerce, trade, health service and education, and examines the economic policies and future prospects. Diagrams, graphs, maps, references and statistical tables.