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Rebalancing and Sustaining Growth in China

Authors: ---
ISBN: 9781921862793 Year: DOI: 10.26530/OAPEN_459850 Language: English
Publisher: ANU Press
Subject: Economics
Added to DOAB on : 2014-03-03 22:50:43
License: ANU Press

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The idea that China’s economy needs to rebalance is no longer controversial inside or outside the country. Whether it be the increasing recognition of income

Keywords

economics --- economic growth --- china

China 2002: WTO entry and world recession

Authors: ---
ISBN: 9781922144522 Year: DOI: 10.26530/OAPEN_459894 Language: English
Publisher: ANU Press
Subject: Economics --- Languages and Literatures
Added to DOAB on : 2014-03-03 22:50:51
License: ANU Press

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In 2002 China enters the WTO. Long awaited by the world’s trading economies, it now comes in a year of global recession. What effect will China’s entry into the WTO have at a difficult time? The rapid expansion of China’s trade has required large adjustment in its trading partners, and the expansion and adjustment will accelerate with WTO entry. The internal adjustment pressures in China from WTO entry are also immense. Recently dubbed Australia’s Ambassador to the region by Rowan Callick of the Financial Review, Ross Garnaut was Australia’s ambassador to China through an earlier exciting period when China took its first major steps towards opening to international trade and investment. He was instrumental in the development of China’s thinking about the WTO. Ross Garnaut is Chairman of the China Economy and Business Program at The Australian National University. Australian members of the Program and their associates gather each year for the China Update. Ligang Song is leading authority on the internationalisation of the Chinese economy and on the development of the private sector in China. He has worked at Peking University and People’s University in Beijing and at the International University in Tokyo.

Keywords

economics --- economic growth --- china

China: A New Model for Growth and Development

Authors: ---
ISBN: 9781921666483 Year: DOI: 10.26530/OAPEN_459949 Language: English
Publisher: ANU Press
Subject: Economics --- Languages and Literatures
Added to DOAB on : 2014-03-03 22:51:21
License: ANU Press

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The Chinese economy is undergoing profound change in policy and structure. The change is necessary to increase the value of growth to the Chinese

Keywords

economics --- economic growth --- china

Private Enterprise in China

Authors: --- --- ---
ISBN: 9781922144478 Year: DOI: 10.26530/OAPEN_495770 Language: English
Publisher: ANU Press
Subject: Economics
Added to DOAB on : 2014-07-28 11:01:07
License: ANU Press

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"The Chinese economy is currently undergoing a profound institutional transformation—a quiet revolution. In a regulated environment geared to the requirements of state-owned enterprises, the successs of the private sector as the main focus for economic growth is remarkable. State-owned enterprises are currently being restructured based on market conditions in which private firms are now permitted to play an important role. Fascinated by the implications of this reform within the Chinese economy, the Asia-Pacific School of Economics and Management of The Australian National University, in conjunction with the China Center for Economic Research of Peking University research team, conducted a large sample survey. Four study sites were chosen: Beijing, Chengdu, Shunde and Wenzhou. Leading economists analyse the nature and dynamics of private sector reform within the Chinese economy and make recommendations for policy which support opportunities for growth and investment. This work, originally published by Asia Pacific Press, is reproduced here in the interests of maintaining open access to high-quality academic works no longer in print."

Keywords

economy --- reform --- policy --- china

Deepening Reform for China’s Long-term Growth and Development

Authors: --- ---
ISBN: 9781925021769 Year: DOI: 10.26530/OAPEN_496494 Language: English
Publisher: ANU Press
Subject: Economics
Added to DOAB on : 2014-08-04 11:01:18
License: ANU Press

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The Chinese economy has entered a new phase of development in which sources of growth are not so much dependent upon pure increases in labour, investment and credit expansion, but from productivity improvement, structural changes, technological progress and the benefits from improvement of the social security and welfare improvement. When market functions are fully established to become a main channel for allocating resources, the entrepreneurship will flourish engaging in more innovative activities, workers will move more freely and have more incentives to improve their skills, firms will become more productive through market entry and exit, the economic structure will become more balanced because of the improved resource allocation, and in the end, growth will become more spontaneous and sustainable. In this sense, reforms could deliver ‘dividend’ by raising China’s potential economic growth rates. For China to confront all the challenges it faces at present, the reforms undertaken now have to be deep, comprehensive and far-reaching in order to succeed in paving the way for China to complete the task of transformation in the long-term. There is no better alternative than deepening the market-oriented reform in advancing the course of China’s modernisation for future development and prosperity and lifting China to the status of a developed economy in the next two decades. The recent China update books have covered the topic of reform from different angles and this new book is another attempt to address this important issue.

Keywords

economy --- transformation --- expansion --- china

China's Domestic Transformation in a Global Context

Authors: --- --- ---
ISBN: 9781925022681 Year: Pages: 442 DOI: 10.26530/OAPEN_574050 Language: English
Publisher: ANU Press
Subject: Economics
Added to DOAB on : 2015-08-27 11:01:16
License: ANU Press

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The phrase ‘New Normal’ captures the ongoing shift in the pattern and drivers of China’s economic growth. China’s new growth rate is both slower and imposing difficult structural change. These new economic conditions are challenging yet offer opportunities for China and its economic partners. Reforms must be deepened but also make growth more inclusive and environmentally sustainable, over this decade and beyond. This year’s Update offers both global context and domestic insight into this challenging new phase of China’s domestic economic transformation. How are policymakers elevating migrant workers concurrent with increasing consumption? Is China’s government spending enough on education and R&D to ensure it can achieve its aspirations to ascend the global manufacturing value chain and avoid the middle-income trap? Are energy market reforms reducing or increasing the price of gas and electricity in China? What are the consequences of China’s financial reforms and expanding Renminbi trading for foreign banks? What does China’s new growth model mean for the international resources economy and for Africa? Do SOEs face market conditions and are they dominating China’s fast-rising outbound investment? What is China’s strategy for navigating fragmented international trade policy negotiations?

Keywords

economic growth --- china

Shared Destiny: China Story Yearbook 2014

Authors: --- ---
ISBN: 9781925022933 Year: DOI: 10.26530/OAPEN_607531 Language: English
Publisher: ANU Press
Subject: Political Science --- Languages and Literatures
Added to DOAB on : 2016-05-10 11:01:16
License: ANU Press

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Humanity as never before shares a common destiny, whether it be in terms of the resources of the planet, the global environment, economic integration, or the movement of peoples, ideas, cultures. For better or worse humankind is a Community of Shared Destiny 命运共同体. The People’s Republic of China under the leadership of the Chinese Communist Party and its ‘Chairman of Everything’, Xi Jinping, has declared that it shares in the destiny of the countries of the Asia and Pacific region, as well as of nations that are part of an intertwined national self-interest. The Party, according to Marxist-Leninist-Maoist theory, is the vanguard of progressive social forces; it cleaves to the concept of shared destiny and its historical role in shaping that destiny. Since its early days nearly a century ago it has emphasised the collective over the individual, the end rather than the means. It addresses majority opinion while guiding and moulding the agenda both for today, and for the future.

The Art of Neighbouring. Making Relations Across China's Borders

Authors: ---
ISBN: 9789462982581 9789048532629 Year: DOI: 10.26530/OAPEN_621899 Language: Undetermined
Publisher: Amsterdam University Press Grant: H2020 European Research Council - 637764
Subject: Languages and Literatures
Added to DOAB on : 2017-01-06 11:01:17
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'Rising China' - the nation, the notion, and the buzzword - sparks dreams and triggers fears. Borders that were closed during the Cold War era have again become zones of contact and exchange. At the same time, security concerns remain high, territorial disputes still loom large. In this context, engaging in everyday neighbouring relations has become a necessity for those living in these zones of contact and exchange. The experiences and realities of relation-making across China's borders shape life in profound and lasting ways.

Keywords

borders --- asia --- anthropology --- china

Disturbances in Heaven. Made in China Yearbook 2016

Authors: --- ---
ISBN: 9781760461072 Year: DOI: 10.22459/MIC.02.2017 Language: English
Publisher: ANU Press
Subject: Law --- Political Science --- Social Sciences --- Languages and Literatures
Added to DOAB on : 2017-04-06 11:01:29
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Labour and civil society are two fundamental components of international discussions concerning China today. Whether it is the arrest of labour activists or rights lawyers, the adoption of new industrial policies, or the passing of draconian rules on non-governmental organisations, the events occurring in these areas in China often make global headlines. At the same time, in spite of the grave challenges for workers and activists, the Chinese labour movement is witnessing significant developments, with the occurrence of some of the largest strikes in decades. All of this calls for more serious analysis from both scholars and practitioners, as well for critical engagement with a broader global audience interested in forging international solidarity. It is with these aims in mind that we have compiled this Made in China Yearbook 2016: Disturbances in Heaven, a collection of original articles by both scholars and activists, analysing the most important trends in Chinese labour and civil society over the past year. With its unique blend of in-depth scholarly work written in a direct, accessible style, this volume will allow readers to situate events and policies related to Chinese labour and civil society in a wider context, and serve as an indispensable reference book for international activists, practitioners, and policy-makers.

Keywords

labour --- civil society --- china

China's New Sources of Economic Growth

Authors: --- --- ---
ISBN: 9781760461294 Year: Language: Undetermined
Publisher: ANU Press
Subject: Economics --- Languages and Literatures
Added to DOAB on : 2017-09-08 11:01:45
License: ANU Press

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China’s efforts in searching for new sources of growth are increasingly pressing given the persistence of the growth slowdown in recent years. This year’s book elucidates key present macroeconomic challenges facing China’s economy in 2017, and the impacts and readiness of human capital, innovation and technological change in affecting the development of China’s economy. The book explores the development of human capital as the foundations of China’s push into more advanced growth frontiers. It also explores the progress of productivity improvement in becoming the primary mechanism by which China can sustain economic growth, and explains the importance of China’s human capital investments to success on this front. The book demonstrates that technical change is a major contributor to productivity growth; and that invention and innovation are increasingly driving technical change but so far lumpily across regions, sectors and invention motivations. Included are chapters providing an update on reform and macroeconomic development, educational inequality, the role of intangibles in determining China’s economic growth, and China’s progress in transitioning towards being an innovative country. The book also covers the regional dimension of innovation and technological progress by sector: in agricultural productivity, renewable energy and financial markets. Chapters on trade, investment, regional cooperation and foreign aid explore further the mechanisms through which technological change and innovative activities are emerging locally and internationally.

Keywords

macroeconomics --- trade --- china

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