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E-Book

E-Book, Englisch, 178 Seiten

Reihe: China Perspectives

Zhang The Road Leading to the Market


Erscheinungsjahr 2016
ISBN: 978-1-317-53888-2
Verlag: CRC Press
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)

E-Book, Englisch, 178 Seiten

Reihe: China Perspectives

ISBN: 978-1-317-53888-2
Verlag: CRC Press
Format: EPUB
Kopierschutz: Adobe DRM (»Systemvoraussetzungen)



Since the reform and opening up period, the world has witnessed a transformation within China. This transformation has led millions out of poverty within China and has in recent years seen China as an important and vital engine of economic growth for the rest of the world. While China has made great strides in embarking on the road to a market economy, this book emphasizes that transformation within China to market-driven development is far from over.

In this book, Zhang puts forward the idea that the reform in China has now reached a crossroads. The next steps have a bearing not only on the sustainability of past reform but even on whether China will become a veritable world power in the future. With the reform at this pivotal juncture, this book explores further reform within China and examines how the reform debate will develop.

The Road Leading to the Market is a highly readable collection of essays which will appeal to researchers and students of China’s economy and a globalized economy.

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Weitere Infos & Material


Part I: Market Forces 1. Market Forces 2. Why does Humanity Tend to Err? 3. From Laozi to Adam Smith 4. How to Build a Market: From Privileges to Rights 5. Damage of Language Corruption 6. Social Capital and Culture 7. Three Factors of a Harmonious Society Part II: Logic of Reform 1. Economic Miracles from Market-Oriented Reform 2. From Economy of Power and Rights to Economy of Property Rights 3. How to Settle the Relationship between Government and Market 4. Harmony Only Through Development 5. Stock Market in China: Regulation or Reputation? 6. What does the Entry into the WTO bring to China? Part III: Transformation of Growth 1. Reflections on the Economics of the Financial Crisis 2. Beware of the Next Crisis 3. Return to Adam Smith, Say Goodbye to Keynes 4. Keep Control of the Big Picture and the Dynamics of the Chinese Economy 5. On what does Economic Restructuring in China Depend? 6. Enable Entrepreneurs to be Full of Confidence Part IV: Prospects of State-Owned Enterprises (SOEs) 1. No Fair Competition against the Dominant SOEs 2. Promoting the Privatization of SOEs is More Important than Just Interesting 3. Corporate Scandals and Corporate Governance 4. Why not allow Telephone Subscribers to Become Shareholders of Telecommunication? 5. Main Problems of the Medical Care System Result from Government Monopoly 6. What three things should Economic Reform Undertake over the Next Decade? Part V: Life of the Enterprises 1. Seek for a Green Economy Based Business Model 2. The Way Forward for Long-Lasting Enterprises Resides in Continuous Innovation 3. How Private Enterprises Become Stronger and Larger 4. Where Lays the Space for the Growth of Local Enterprises? 5. Management in an Era of Innovation 6. Two Kinds of Capabilities for Enterprises 7. Entrepreneurs with Vision have a Wider Vista Part VI: Future Options 1. On what does the Reform Depend on over the Next Three Decades? 2. Philosophies of Statesmen 3. Emergence of China relies on the transformation of the Chinese government 4. The Future World Pattern Depends on What China Will Do 5. Entrepreneurs and Democratization in Taiwan


Zhang Weiying holds a PH.D. in Economics from Oxford University, is a co-founder of the China Center for Economic Research (CCER) at Peking University, a former president of Guanghua School of Management at Peking University, a former vice director of the International Association for Chinese Management Research (IACMR) and is vice chairman of Chinese Economics. He is well known for his contributions to macro-control policy debating, ownership reform debating and entrepreneurship studies. He has published numerous articles in some of the top international journals such as Journal of Economic Behavior and Organization and Journal of Comparative Economics. He is also the author of several well known books such as Price, Market and Entrepreneurs, The Logic of the Market and What has Changed China. He has been the most cited economist in Chinese academic journals since 1995.



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