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 shared 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 is from becoming a global currency; who will bear the cost of China's urbanization; and what more needs to be done for the reform of state-owned enterprises, etc. Through the text, which has a touch of "local flavor," one can see the author's deep insights into these major issues. Overall and in process, the problems in China's socioeconomic system mainly lie in the two aspects of system and structure, which alternately and mutually advance each other. 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 socioeconomic problems in China stem from the dual socioeconomic structure of urban and rural areas. To solve these problems and improve the situation, the measure is to raise China's level of urbanization and accelerate the urbanization process.