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China's economy continues to grow at a great rate, with important consequences for China's society and environment, as well as for the wider world economy. Reforms are being undertaken in many areas within China, both to encourage continued economic growth and also to mitigate the adverse effects of growth on society and the environment. This book, based on extensive original research by a wide range of leading experts, examines many key issues connected to China's economic growth and its impact. Subjects covered amongst many others include: growth and inequality; labour market reforms; technological innovations and their impact; employment, unemployment and training; and the search for economic development that is ecologically sustainable.
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China in the World Economy As the Chinese economy continues to steam ahead, its consequences for China’s society and environment become more visible, and its impact on the world becomes ever more important. Reforms are being undertaken in many areas within China, both to encourage continued economic growth and also to mitigate the adverse effects of growth on society and the environment. This book, based on extensive original research by a wide range of leading experts, examines many key issues connected to China’s economic growth and its impact. Subjects covered amongst many others include: structural changes and the transition process; growth and inequality; labour market reforms; employment, unemployment and training; openness and productivity; technological innovations and their impact; and the search for economic development that is ecologically sustainable. Zhongmin Wu is Reader in Economics, Nottingham Business School, Nottingham Trent University. He served as President of the Chinese Economic Association in the UK during 2007–2008. Zhongmin received his PhD in Economics from the University of Southampton. Recent work has appeared in Regional Studies, Annals of Operations Research, Economics of Planning, Applied Economics, and China Economic Review. Routledge Studies on the Chinese Economy Series Editor Peter Nolan, University of Cambridge Founding Series Editors Peter Nolan, University of Cambridge and Dong Fureng, Beijing University The aim of this series is to publish original, high-quality, research-level work by both new and established scholars in the West and the East, on all aspects of the Chinese economy, including studies of business and economic history. 1. The Growth of Market Relations in Post-reform Rural China A micro-analysis of peasants, migrants and peasant entrepreneurs Hiroshi Sato 2. The Chinese Coal Industry: An Economic History Elspeth Thomson 3. Sustaining China’s Economic Growth in the Twenty-First Century Edited by Shujie Yao & Xiaming Liu 4. China’s Poor Regions: Rural-urban migration, poverty, economic reform and urbanisation Mei Zhang 5. China’s Large Enterprises and the Challenge of Late Industrialization Dylan Sutherland 6. China’s Economic Growth Yanrui Wu 7. The Employment Impact of China’s World Trade Organisation Accession A.S. Bhalla and S. Qiu 8. Catch-Up and Competitiveness in China The case of large firms in the oil industry Jin Zhang 9. Corporate Governance in China Jian Chen 10. The Theory of the Firm and Chinese Enterprise Reform The case of China International Trust and Investment Corporation Qin Xiao 11. Globalisation, Transition and Development in China The case of the coal industry Huaichuan Rui 12. China Along the Yellow River Reflections on rural society Cao Jinqing, translated by Nicky Harman and Huang Ruhua 13. Economic Growth, Income Distribution and Poverty Reduction in Contemporary China Shujie Yao 14. China’s Economic Relations with the West and Japan, 1949–79 Grain, trade and diplomacy Chad J. Mitcham 15. China’s Industrial Policy and the Global Business Revolution The case of