Download or read book China s Economy In Transformation Under The New Normal written by Sarah Yueting Tong and published by #N/A. This book was released on 2017-07-07 with total page 242 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book examines the recent development and prospect of the Chinese economy as the country adapts to changing domestic and external settings. After more than three decades of near double-digit annual expansion, the country's growth decelerated considerably to enter a new era of the so-called New Normal.At the macro level, considerable amount of overhaul is required to improve governance and enhance regulatory effectiveness. These include monetary policy adjustment, financial sector development and taxation reforms.As the Chinese government at both the central and local levels plays an important role in promoting growth, issues such as the role of local government and the reform of state-owned enterprises are examined in this book. Topics such as the development of private consumption and industrial upgrading are also assessed. The book discusses several matters considered important to China's social and economic cohesion including the management of agricultural product reserves, the development of a functioning social security system and regional development. To help project a long-term view of China's economic strength, the book also examines such factors as development in population and the labour market.This book provides a comprehensive analysis of China's economy and identifies the recent developments that matter to China's economic future.

Download or read book The Dynamic Transformation of China s Economic Development Under the New Normal written by Wen Xiao and published by Springer Nature. This book was released on with total page 188 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book A Preliminary Study on the New Normal of China s Economy written by Jun Wang and published by Springer Nature. This book was released on 2021-10-01 with total page 237 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book shows a panorama of sustainable development practices covering 70 major cities. This book has created the analysis framework of the “New Normal” of China’s economy, demonstrated the features and connotation of the "New Normal", carried out in-depth analysis and systematic study on the connotation and extension of the “New Normal” of China’s economy from ten aspects including growth shift, structural upgrading, innovation drive, regional synergy, moderate inflation, reform bonus, opening-up forced, risk exposure, sustainable development and macro-control in details and proposed targeted policy suggestions with practical application value that adapt to the new normal of China's economy and ensure the sustained, steady and healthy operation of the macro-economy.

Download or read book China s New Normal Supply side and Structural Reform written by Cai Fang and published by Routledge. This book was released on 2021-11-29 with total page 218 pages. Available in PDF, EPUB and Kindle. Book excerpt: China’s continuous, rapid economic growth since the Reform and Opening up of the country in the early 1980s has been praised as a miracle of the world economy. However, since 2012, the rate of growth has slowed down, rendering some people pessimistic about the country’s economic prospects. This title is a collection of a leading Chinese economists’ views on China’s economic growth and structural reform. The author argues that China’s economy has entered “the new normal”, meaning that slowed growth rate is not a cyclical phenomenon but a change in the stage of economic development. Therefore, there is a need to enact supply-side structural reforms, such as improved efficiency of resource reallocation, while shifting the mode of development from one of inputs to innovation. In addition, the author discusses the five major concepts of development proposed for the “13th Five-Year Plan”, as well as some critical topics related to supply-side structural reform, such as agricultural development, labor employment, and product quality. Scholars and students of macroeconomics, development economics, and the Chinese economy will find this book to be essential reading.

Download or read book Income Distribution And China s Economic New Normal written by Haiyuan Wan and published by World Scientific. This book was released on 2019-08-15 with total page 323 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the Chinese economy has moved to a 'New Normal' of slower growth and changed model of development, its income distribution is being affected in a number of ways. What exactly are the impacts brought by the new changes? How should we view China's income distribution on the whole? What trend will we see in the future? With regard to these and other questions that arise against the backdrop of the economic 'New Normal', the book provides an in-depth analysis of the new issues, characteristics and trends in relation to income growth rates, income and wealth gaps, and the proportion of personal income in China.

Download or read book The Chinese Economic Transformation written by Song, Ligang and published by ANU Press. This book was released on 2019-07-10 with total page 336 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Chinese Economic Transformation, the 19th volume in the China Update book series, provides an opportunity for young economists to share their views on various issues relating to the Chinese economic transformation. More than half of the contributors to this book are female scholars. Some of the contributors are rising stars in the studies of the Chinese economy and economic transition, and some only recently received their PhDs and are on their way to establishing themselves in the field of China studies. But they have one thing in common: to passionately observe, study and research what is going on in the Chinese economic transformation during the reform period; and, by so doing, make contributions to the policy debates on, and general understanding of, the Chinese economy. The chapters in this volume include an in-depth probe into challenges in capital and credit allocation due to financial friction and policy distortions; investigating the causes of growth slow-down in China and suitable policy responses; the evolution of the household registration system and its impact on off-farm employment and the integration of rural and urban labour markets; the growth, scale and characteristics of nonstandard employment; the development of rural e-commerce and its economic impact; innovation performance of listed enterprises in China; financial services liberalisation and its impact on firms’ performance; financing support schemes for small and medium-sized enterprises (SMEs) and the effect on banks’ credit allocation to SMEs; the potential costs of US–China trade conflict and ways to mitigate them; gender income gap in China’s labour market; causes of blockage of Chinese overseas direct investment and strategies to reduce the probability of encountering obstacles; and the role of state capital in the iron ore boom in Australia. The great variety of topics in this year’s Update allows readers to understand the current shape of the Chinese economy and to think deeply about policies and necessary reforms for future growth and development.

Download or read book China s Economic New Normal written by Fang Cai and published by Springer Nature. This book was released on 2020-03-11 with total page 168 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely volume on China’s economic “New Normal” features articles by leading scholars from the Chinese Academy of Social Sciences and other research institutions across the country. A broad range of perennial as well as hot-bottom topics related not just to economic growth but also to its social and political ramifications are covered, including patterns of growth, income distribution, domestic consumption, the global economic dynamics, and policy responses to these and other developments. Contributors not only combine theoretical and empirical analyses of these critical issues but also examine the historical background and the social context to what may be one of the most significant developments not just for China but also for the rest of the world.

Download or read book The New Cycle and New Finance in China written by Shusong Ba and published by Springer Nature. This book was released on 2022-01-23 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a selection of research by a Chinese economist who explains China's financial system, as well as predicting the future. The selected 45 articles focus on six topics covering diverse levels: China's macroeconomic and financial system, financial institutions, payment and clearing industry, inclusive finance, urbanization and financial supervision. The book builds a brand overview on China's financial development trend in the past recent years and long term.--

Download or read book The Oxford Handbook of China Innovation written by Xiaolan Fu and published by Oxford University Press. This book was released on 2021-11-16 with total page 833 pages. Available in PDF, EPUB and Kindle. Book excerpt: Rising from a position of relative poverty in 1980, China is now the world's second-largest economy and a leader in many fields of innovation. Understanding China's new status as a technologically advanced world power and the means by which it has reached that position will be critical to policy-makers and business leaders in the years ahead. The Oxford Handbook of China Innovation provides a contemporary and authoritative view of the role of innovation in China's extraordinary emergence. The Handbook brings together over sixty experts from universities and research institutions worldwide to describe and analyze this phenomenon with criticism, policy discussion, and views about further development. The volume focuses on the microeconomic factors in China's growth and the way in which the steady drive for innovation has been a critical force. Chapters cover a wide scope of topics including China's development policies, the place of innovation in national priorities, the components of the national innovation system, and the resources required for their effective deployment. The issue of foreign influence is also addressed, including the evolution of policy towards inward foreign direct investment and knowledge transfer and China's goals for outward foreign direct investment. As China emerges as a contender for global leadership, the Handbook provides a data-driven, accessible, and comprehensive foundation to understand and predict the challenges ahead.

Download or read book Constructing Political Economy with Chinese Characteristics written by Fang Cai and published by Springer Nature. This book was released on 2022-10-10 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book analyzes the characteristics of China's economic operation in the new era and explores Xi's thought on China's development. The book consists of six parts. The first part puts forward the guiding principles and main contents of political economy of socialism with Chinese characteristics in the new era; the second part conducts the epistemology and methodology; the third part reveals the big logic of the new normal of economic development from the time and space dimension; and the fourth part examines the purpose, motivation, necessary conditions and measurement scale of development according to the new development concept; the fifth part discusses the path of building a modern economic system; the sixth part focuses on what China Wisdom and China solution could contribute to the global governance and promoting global development.

Download or read book China s Contingencies and Globalization written by Changgang Guo and published by Routledge. This book was released on 2018-10-11 with total page 250 pages. Available in PDF, EPUB and Kindle. Book excerpt: How have Chinese views on globalization developed over time? How is China managing the new normal of slower growth? Is China creating an alternative modernity? Is China a status quo power or a reform power? Can China manage its growing international role in international institutions and in the New Development Bank, the Asian Infrastructure Investment Bank, along with infrastructure projects in the region such as One Belt One Road and the Maritime Silk Road? Can China achieve balanced interactions with ASEAN and with developing countries in the region and worldwide? How is governance in China evolving in relation to social movements, protests, labour struggles and migrant workers? Do Chinese policies in relation to religious diversity contribute to social harmony or to friction? This timely volume by Chinese and international scholars offers diverse perspectives on these questions. This book was originally published as a special issue of Third World Quarterly.

Download or read book Economic Analysis and Forecast of China 2015 written by Yang Li and published by Springer. This book was released on 2017-09-16 with total page 246 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a detailed and up-to- date analysis of the current and near-future domestic economic situation in China based on the concept of “New Normal”, which was first proposed by Chinese President Xi Jinping and which is commonly used in discussions on China’s current economy. China’s New Normal is the result of the growing pressures on domestic resources, environmental restrictions, and unstable international economic recovery and characterized by a moderate economic increase, a proper increase in commodity pricing, stabilizing new employment and optimizing economic structure. The book argues that while China focuses on stability and quality in macro-control and enhancing reform and innovation, many contradictions and problems in economic operations are gradually being solved, therefore optimizing the economic structure. The book explores many aspects of China’s economic development under the “New Normal” while making analysis and policy suggestions for the present economic trends.

Download or read book China s Economic Modernisation And Structural Changes Essays In Honour Of John Wong written by Yongnian Zheng and published by World Scientific. This book was released on 2019-03-05 with total page 358 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a timely update on the ongoing transformation of the Chinese economy. As the world's second largest economy, China marked the 40th anniversary of economic reform and opening-up in 2018. In this book, top scholars on Chinese economic studies review China's remarkable economic achievement in the past four decades and analyse the challenges facing economic development in the country.The book focusses on structural changes of China's economy, which are essential to steer the country towards sustainable development. It studies the long-term factors affecting the Chinese economy such as education and innovation, and emerging sources of economic growth, such as e-commerce. Other important aspects of the Chinese economy explored in this book include the economic role of the Chinese government, fiscal reforms, capital account liberalisation, housing policies, competition policy and anti-monopoly law, China's export, trends of regional development and reforms of state-owned enterprises.This rich collection of policy-oriented economic studies is also a tribute to Professor John Wong, former research director of the East Asian Institute, National University of Singapore, who passed away in June 2018. For over three decades, Professor Wong had followed and provided insightful analyses on China's economic development.

Download or read book Keep Reforming China s Strategic Economic Transformation written by Zhong Xu and published by Springer Nature. This book was released on 2020-10-21 with total page 272 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is about China’s economy transformation. Currently, China’s macro-leverage ratio has been effectively controlled, the central market interest rate (one year fixed interest rate) has gone down, and liquidity is now relatively abundant. However, financial institutions are generally reluctant to lend, the local governments are unwilling to act, and the fact that liquidity released by the central bank cannot be effectively transmitted to the real economy is leading to a contraction of credit and higher financing costs for private enterprises. Meanwhile, the downturn in the internal economic cycle has been exacerbated by the external shocks caused by frictions in Sino-US trade, and this set of circumstances has contributed to the polarization of expectations regarding China's real economic prospects and policy trends, as seen, for example, in the questions and discussions about policy trends relevant to the private economy. Indeed, one might claim that the current confusion of expectations even exceeds that of 2008, when the international financial crisis breaks out. From a dialectical perspective, the more pessimistic expectation of economic trend, the easier it is to build consensus on reform, and the more remarkable actual effects of reform, which must be based on a comprehensive understanding of the phased characteristics of China’s economic development. In this book, based on the experience working in central bank of China, the author argues that China’s policy should focus on internal demand. In the coming period, China needs to persevere in the market orientation, step up reform and opening up, and create a favorable business environment. This book represents the following opinions: First, to reach a common understanding of the medium and high economic growth, and avoid the dream of high growth. Second, to stick to supply-side structural reform, accelerate economic transformation and structural adjustment, and further unleash the reform dividends and growth potential. The long-term and structural problems cannot be attributed to short-term and cyclical problems. Third, the challenges of external shocks could be also regarded as opportunities, which include but not limited to accelerate reform to improve property rights protection, state-owned capital management, corporate governance, income distribution, and social security. Fourth, whenever the trade friction happens, a multilateral framework is always helpful.

Download or read book The Synergy Theory on Economic Growth Comparative Study Between China and Developed Countries written by Jianhua Liu and published by Springer. This book was released on 2018-09-21 with total page 370 pages. Available in PDF, EPUB and Kindle. Book excerpt: The book constructs the Synergy Theory, a new theory of economic growth and calculation methodology. The book involves empirical comparative study on economic growth between China and the 14 developed countries, and on the basis of the synergy theory, divides GDP into labor compensation, capital income, and synergistic benefits, further establishes the new empirical model including the major determined factors of economic growth, such as growth of physical capital stock, growth of investment in physical capital, improvement of science and technology, improvement of human capital quality, labor force growth, institutional innovation and economic externalies. Subsequently, it uses the method of Data Envelopment Analysis to calculate the contribution of institutional innovation to economic growth, and it also focuses on the analysis of the determining factors of economic growth. Based on the analysis above, the new theory has been tested and the countermeasures and suggestions involving China's innovation-driven economy have been proposed.

Download or read book Research Handbook on the Belt and Road Initiative written by Chinyong Liow, Joseph and published by Edward Elgar Publishing. This book was released on 2021-10-26 with total page 488 pages. Available in PDF, EPUB and Kindle. Book excerpt: This timely Research Handbook investigates the radically transformative impact of the Belt and Road Initiative (BRI), addressing key questions regarding its economic, political and strategic consequences: what does the Chinese government hope to achieve with the BRI? How have recipient states responded? And what are its potential opportunities and risks?

Download or read book Handbook of Chinese Economics written by Zhuoyuan Zhang and published by Springer Nature. This book was released on 2023-06-30 with total page 658 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book reviews the development of Chinese economics since the reform and opening-up, associated with the history and experience of China's economic growth. This book makes a systematic study of the direction of reform, the method of reform, the path of reform, the main body of reform and the motive force of reform, accumulates more experiences that can be used for reference for the exploration of new reforms to be opened, and probes into the way of reform in the next period. The topics cover all key concepts and theories relating to the China's economic reform.