China's Third Economic Transformation: The Rise of the Private Economy

China's Third Economic Transformation: The Rise of the Private Economy

China's Third Economic Transformation: The Rise of the Private Economy

China's Third Economic Transformation: The Rise of the Private Economy

Synopsis

In an era of dramatic transformation, this book examines the role of the private sector in China's economic growth, controversially suggesting that it has been driving the reform.

Excerpt

This book is the second from the China Economy and Business Program, at the Australian National University, and colleagues at Peking University and elsewhere on the rapidly growing private sector of the Chinese economy. It complements Private Enterprise in China, published by Asia Pacific Press in 2001, which documented and analysed the results from a large survey of private businesses in China. The present volume discusses the key issues in private sector development in China, including the paths toward the emerging private economy, market reforms and the changing business environment, and governance issues.

Special thanks go to Sarah Leeming for editorial work and to Minni Reis for typesetting the manuscript. We also thank Heidi Bagtazo, Grace McInnes and Stephanie Rogers from Routledge for their assistance. Marilyn Popp and Andrew Deane at the Australia-Japan Research Centre provided valuable support in the production of the work.

We hope that the volume will extend understanding of the challenges, significance and impact on the economy of the emerging private economy in China.

Ross Garnaut, Ligang Song

Canberra, December 2002 . . .

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