Okay, here is the translation following your instructions: Re-explaining the mystery of the Chinese economy

Author: Zhao Haijun
Publisher:
Publish Date: 2003-08-01
Features: The issues discussed in the book are some major economic concerns widely cared about by people. For example, what is driving China's high economic growth; how to build the "world factory"; the path of China's financial reform; the relationship between an economic powerhouse and the international status of its currency; how far China's renminbi is from becoming a global currency; who will bear the costs of China's urbanization; what more needs to be done in state-owned enterprise reforms, and so on. Through the text with some "rustic charm," one can see the author's profound insights into these major issues. Overall and in process, the problems in China's social and economic system mainly lie in the two aspects of system and structure, which alternately and mutually advance. Just like a person walking with two legs, when the left foot lands, the right foot must follow, and the body moves along with the legs. Since the Third Plenary Session of the 11th Central Committee, economic system reform has been carried out for over 20 years, and structural contradictions have already emerged. We have pointed out that many of China's social and economic problems stem from the dual socio-economic structure of urban and rural areas. To solve these problems and improve the situation, the measure is to raise China's urbanization level and accelerate the urbanization process.