The Mystery of China's Economic Growth

Author: Cheng Chaoze
Publisher:
Publish Date: 2004-01-01
Features: This book analyzes the rational core of China's economic takeoff in the past two decades from the perspective of a Chinese scholar, using substantial evidence and meticulous reasoning. It particularly offers insightful and profound descriptions and arguments on institutional innovation during China's economic leap, new clusters of ideas, social openness, unique economic advantages, shortcoming-correcting projects for rapid growth, geopolitical centralization, China's economies of scale, and the impact of joining the WTO. As a result, the book has become a pioneering work in this field of research. The Chinese reform and opening-up since the late 1970s have created the globally renowned "Chinese miracle," making contemporary China one of the world's most enduring economic leaders alongside the "German miracle," the "Japanese miracle," and the Asian "Four Little Dragons." China has left the world with a massive "mystery," becoming a hot topic for politicians, thinkers, and especially economists both domestically and internationally.