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The revised and updated edition sets out to analyze and compare the operational mechanisms of the Chinese economy between the pre-reform and post-reform periods and through national, regional and local dimensions. It examines the driving forces – both endogenous and exogenous – for, and how they have influenced, China's economic development during the past decades. The book examines both the positive and negative consequences of the Chinese economic transformation. A multiregional comparison of the Chinese economy is conducted in terms of natural and human resources, institutional evolution, as well as economic and social performances.

This third enlarged edition includes many significantly revised chapters and new boxed examples. For the first time, many valuable chapter-end case studies, some of which are based on the author's field-inspections and micro-level surveys in China, are provided.

RONGXING GUO is Professor of Economics at Regional Science Association of China. He has worked and taught at Korea University (Seoul), FEEM (Milan), Trier University (Germany), CUMT (Xuzhou and Beijing), Peking University (Beijing) and ANU (Canberra). In 2008 Guo received an Award for Outstanding Research on Development (Government of Japan and the GDN).

List of Boxes
List of Figures
List of Tables
List of Abbreviations
Foreword
Preface
Key Terms
Map
PART I: A BRIEF HISTORY OF CHINA
The Origins of the Nation
Rise and Fall of the Empire
China in the New Millennium
Summary
Case Study: Why Yellow River is Important
PART II: SPATIAL AND ADMINISTRATIVE DIVISIONS
Administrative Divisions
Great Regions
Geographical Belts
Southern and Northern Parts
Ethno-Culture Areas
Summary
Case Study: Who owns Lake Weishan?
PART III: HUMAN AND CULTURAL CONTEXTS
Human and Cultural Contexts
Population
Labour Force
Education
Cultural Context
Summary
Case Study: Age, Gender, Education and Earnings
PART IV: POLITICAL ECONOMIC SYSTEMS IN TRANSITION
Plan and Market
Employment
Production and Ownership
Public Finance
Banking
External Relations
Summary
Case study: System Dynamics – a Feedback Model
PART V: UNDERSTANDING CHINESE ECONOMIC REFORM
Understanding Chinese Economic Reform
A Brief Narrative
Interest Groups and Stakeholders
Radical Reform, the (Un)successful Cases
Gradual/Partial Reform, the (Un)successful Cases
Whither Chinese-style Reform?
Summary
Case Study: Games between Radicals and Conservatives
PART VI: ECONOMIC GROWTH AND INCOME DISTRIBUTION
China's Growth Performance
Measuring Income Inequality
Inequality: Causes and Consequences
Poverty and Social Security
Summary
Case Study: A Tale of Two Companies in Transitions
PART VII: A MULTIREGIONAL ECONOMIC COMPARISON
About Statistical Data
Macroeconomic Performance
Real Living Standards
Regional Economic Disparity
Summary
Case Study: Similar Initial Conditions, Varied Results
PART VIII: SPATIAL ECONOMICS AND DEVELOPMENT STRATEGY
Spatial Economics and Development Strategy
Comparative Advantage Index
Spatial Economic Separation
China's Search for Spatial Integration
Regional Development Strategy
Summary
Case Study: Fighting for Rainfalls?
PART IX: INDUSTRIALIZATION AND TECHNOLOGICAL PROGRESS
China's Efforts on Industrialization
Post-Reform Industrialization
A Comparative Analysis
Technological Progress
Summary
Case Study: Technological and Economic Leapfrogging
PART X: THE QUEST FOR SUSTAINABLE DEVELOPMENT
Background
Natural Resources
Energy Production and Consumption
Environmental Situation
Chinese Environmental Policy
Summary
Case Study: Should Chinese Legislations be Revised?
PART XI: INTERNATIONAL ECONOMIC INFLUENCES
International Economic Influences
Historical Review
Foreign Direct Investment
Foreign Trade
Aآ Quantitative Analysis
Summary
Case Study: Cultural Influences on Foreign Trade
PART XII: THE GREATER CHINA AREA: RETROSPECT AND PROSPECT
Historical Evolution
Social and Economic Differences
Complementary Conditions
Cross-Straits Economic Relations
Future Perspective
Case Study: Overseas Chinese Economics
Appendices
Basic Conditions of the Ethnic Minorities
A List of Major Reforms from 1978 to 2008
Bibliography
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