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This book sorts out the causes, consequences and the evolution path of China's economic reform process from the historical dimension of China's economic policy changes, from which the long-standing contradictions and conflicts between the two different models can be seen throughout the process, i.e. the market economy and the state-dominated economy (e.g., Lenin's 'special state capitalism') as well as the potential risks that will be brought by the pause of market and law reform on China's economic and social development. The dispute on the paths exists and will continue, which builds the great complexity and arduousness since China's Reform and Opening-up. This book is written by Chinese economist Jinglian Wu, which helps readers to understand the history and logic behind China's reform and opening-up, as well as the challenges China is facing.
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Wu Jinglian, Chinese economist, graduated from the Department of Economics of Fudan University in 1954. He is an honorary member of the academic committee of the Chinese Economists 50 Forum, and the chief editor of periodical Comparative Studies and Journal of Legal and Economic Studies. He has been the standing director and researcher of Development Research Center of the State Council, Chaired Professor of the Baosteel Economics at the China Europe International Business School(CEIBS), professor of the graduate school of Chinese Academy of Social Sciences, as well as the Honorary President of the International Economic Association (IEA).
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