The Chinese Path to Economic Dual Transformation (China Perspectives)

Yining, Li

Reference

Routledge

Cultural Economics (China Perspectives)

Culture is a priceless inheritance and source of wellbeing that is of immense value to humankind. Cultural economics sets out to examine the nature and social benefits of cultural products and phenomena as they exist in the market. This volume is the masterpiece of Li Yining, one of the best-known Chinese economists, active in devoting his attention to the role of culture in the economy&nbsp;since the 1950s. Considering the importance of culture in the development of socialism with Chinese characteristics, the author combines cultural history, economic history and the history of economic thought to produce unique perspectives. This book not only introduces the central concepts of cultural economics and the culture industry, but proposes several groundbreaking views that greatly influenced the culture policies of China, including cultural adjustment, cultural confidence and cultural checks and balances. Researchers and students of economics, cultural studies, and Chinese politics, as well as policy makers, will benefit from this volume.

Business & Money

Economics

Natural Resource Pricing in China: Water Supply, Coal & Timber

Science & Math

Warford, Jeremy J.

Nature & Ecology

Mrm Intl Pr

Economic transformation in traditional development economics refers to the transition from an agricultural society to an industrial one. Based on the practical conditions and the experience since reform and opening up in the late 1970s, the author observes that the path China's economy takes is a dual transformation, namely, developmental transformation from an agricultural society to an industrial economy, and institutional transformation from planned economy to market economy.   Centering on property ownership reform which is the supreme reform of the dual transformation, this book discusses land ownership approval, stock-holding system reform and the maintaining ownership of private enterprises, etc. Besides, the book expounds on the urbanization in China, believing that it is not only the outcome of the dual transformation but also the booster that will help China's economy continue to develop at a high speed. Independent innovation and industrial upgrading which is the key to the enhancement of enterprises' competitiveness is also covered.   The combination or overlapping of the two types of transformations in China has had no precedent in history, and it has not been discussed in traditional development economics. Scholars and students in China's economic studies and development economics studies will be attracted by this book. In addition, this book will be a valuable reference for other developing countries which are undergoing economic transformation.  

Known internationally as 'Mr Share Holding', the economist Li Yining has had a transformative impact on China's economic transition, most notably as an early advocate of ownership reforms in the state and other non-private sectors and in his promotion of shareholding theory, initiating the drive towards a modern corporate system in China. The thinking behind these and other landmark contributions that have helped to reshape China are featured in Economic Reform and Development in China, a collection of sixteen influential papers written and published during the reform period, from 1980 to 1998. Incorporating original research, policy proposals and theoretical thinking, these papers trace the development of Li's thought and the process through which the 'China Miracle' has been worked over the last three decades. This newly edited translation introduces how inextricably linked Li's academic work has been to the development of a distinctively Chinese path of economic reform.

Economic Reform and Development in China (The Cambridge China Library)

Cambridge University Press

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