Economic Developments in Contemporary China :

China's role in global affairs today continues to rise. This book provides an authoritative, comprehensive and detailed overview of contemporary economic developments in China. Key topics includeãagriculture; the market gradually replacing central planning; the global financial crisis; the reform of state-owned industrial enterprises; the non-state sectors; the 'open-door' policy (including the WTO, exchange rate policy, and inward and outward direct foreign investment); and China's economic performance in general.ãThe book continues - and adds to ' the overview of developments up to May 2006 which were covered in the author's China: A Guide to Economic and Political Developments (2006), and is the companion volume to Political Developments in Contemporary China: A Guide (2010) - both published by Routledge.

Overview
Agriculture: policy since 1945
General facts and figures
The Household Responsibility System (features, reforms, successes and failures)
The hukou system
The World Trade Organization (WTO)
The market gradually replacing central planning: prices
Monetary policy and the banking system
A chronology of financial developments
The reform of state industrial enterprises: the discarding
Of social functions (unemployment compensation and pensions, health and housing)
Early reforms
Shareholding and privatization (including developments on the two stock exchanges)
Conglomerates
A chronology of developments in ownership policy and state enterprise reform
Bankruptcy law
The new labour law
Financing investment (the debate)
Trade union branches in enterprises
The role of the party in enterprises
The non-state, non-agricultural sectors: the private sector, foreign-invested enterprises and township-village enterprises (TVEs)
The importance of these sectors as a proportion of industrial output
The private sector as a whole as a percentage of GDP
The private, non-agricultural sector as a percentage of GDP
The underground economy
TVEs
The 'open-door' policy: foreign trade; growing importance and general aspects
The WTO
Yuan convertibility and exchange rate policy
The Asian financial crisis; direct foreign investment (DFI): definition
Volume and other indicators of importance
Investment overseas by Chinese companies (outward/outbound direct foreign investment)
China and Taiwan; the gradual opening up of sectors
Developments in conditions affecting direct foreign investment
Special Economic Zones (SEZs)
Economic performance: global significance
GDP (including the upward revision of 2004 GDP and a section devoted to purchasing-power parity (PPP) estimates of GDP) and GDP growth
Manufacturing output
Sources of growth
Raw materials
Poverty
Inflation
Unemployment
Pollution
Energy sources
The number of labour disputes
Aid
Education
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Economic Developments in Contemporary China : A Guide

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