Understanding and interpreting Chinese economic reform

Jinglian Wu (Participant Author)

    Research output: Book/ReportMonograph


    The Chinese economic reform beginning from 1978 had enormous success. This book interprets this process from the perspective of modern economics. It falls into four major parts. The first part touches upon the background of the reform and its evolution of strategy - administrative decentralization from 1958 to 1978, incremental reform from 1979 to 1993, and pushing forward as a whole from 1994 to the present. The second part discusses the reform strategies and implementation at different sectors - the agricultural sector, industrial sector, private sector, financial sector, and taxation. The third part discusses macroeconomic policies at the transition period, social relations and government's functions. In the last part, the author proposes the goals of the Chinese economic and political reform, - social equality and common wealth.
    Original languageEnglish
    ISBN (Print)9781587991974;
    Publication statusPublished - 1 Jan 2015

    Author information

    Jinglian Wu is Bao Steel Professor of Economics at China-Europe International Business School (CEIBS) and Senior Research Fellow at the Development Research Centre of State Council. As a teacher, he has taught economics in numerous universities and institutions, such as Peking University, Tsinghua University, the Chinese Academy of Social Sciences, and CEIBS. Professor Wu has been widely recognized as the leading exonomist in China. He is a prolific writer and a regular participant in academic and policy debates. His work has been published in both scholarly journals and popular forums. He is also the author of two best-selling books - Reform: Now at a Critical Point and Interpreting China's Securities Market. His main research interests are economic theory, comparative institution analysis, and the theory and policy of the economic reform of China.

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