Understanding the Chinese Economies

1st Edition

Authors: Rongxing Guo
Hardcover ISBN: 9780123978264
eBook ISBN: 9780123978288
Imprint: Academic Press
Published Date: 29th August 2012
Page Count: 310
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China's economic growth has been more robust in some regions than others.  In a country as large as China, examinations of regional differences can provide a viable way to learn about the economy as a whole.  Rongxing Guo provides a systematic introduction to the economies of China by describing their external and internal drivers and by placing them within geopolitical and even socio-cultural boundaries.  His pairings of case studies and empirical techniques reveal a rich, deep appreciation of the growth process and of interactions between key factors. This book delves more deeply into issues surrounding the economy than other books, offering a unique and important perspective that many will find useful.  Covering history and administrative structures, unique economic features, some domestic economic issues, and international economic engagement, it describes an often inaccessible perspective with nuances all students of China will find valuable

Key Features

  • Introduces China’s regional economies, often overlooked in US and European texts within larger contexts of social and geopolitical concerns
  • Explains the reform process since 1978 in a comprehensive, non-technical, and accessible manner
  • Features case studies in each chapter


For second courses on the Chinese enconomy.  Upper-division undergraduates and graduate students studying international trade, macroeconomics, and development economics.  

Table of Contents


List of Boxes

List of Case Studies

List of Figures

List of Tables

Contents of the Companion

List of Abbreviations




Chapter 1. A Brief History of China

1.1 The Origins of the Nation

1.2 The Rise and Fall of the Empire

1.3 China in the New Millennium


Chapter 2. Spatial and Administrative Divisions

2.1 Administrative Divisions

2.2 Great Regions

2.3 Geographical Belts

2.4 Southern and Northern Parts

2.5 Ethno-Cultural Areas

2.6 Summary


Chapter 3. Human and Cultural Contexts

3.1 Population

3.2 Labor Force

3.3 Education

3.4 Cultural Diversity

3.5 Summary


Chapter 4. Natural and Environmental Resources

4.1 Natural Resources

4.2 Energy Production

4.3 Environmental Quality

4.4 Chinese Environmental Policy

4.5 Policy Implications


Chapter 5. Political and Administrative Systems

5.1 Party Versus State

5.2 Government and Administrative Systems

5.3 Legal System

5.4 (Dis)advantages of China’s Political System

5.5 Further Implications


Chapter 6. Economic Systems in Transition

6.1 Economic Transition, Chinese Style

6.2 Getting Out of Plan

6.3 Labor and Employment

6.4 Production Ownership

6.5 Public Finance

6.6 Banking System

6.7 Summary


Chapter 7. Understanding Chinese Economic Reform

7.1 Radical Reform: The Successful Cases

7.2 Radical Reform: The Unsuccessful Cases

7.3 Gradual/Partial Reform: The Successful Cases

7.4 Gradual/Partial Reform: The Unsuccessful Cases

7.5 Whither Chinese-Style Reform?

7.6 Su


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Academic Press
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About the Author

Rongxing Guo

Rongxing Guo is Professor and Head of the Regional Economics Committee, Regional Science Association of China (RSAC), Peking University, Beijing. He has served with the OECD in Paris and at the Brookings Institute in Washington, DC. He has taught at the Australian National University, the China University of Mining and Technology, and Korea University, and Gakushuin University in Tokyo. He has an Amazon author's page.

Affiliations and Expertise

Regional Science Association of China (RSAC), Peking University, Beijing


"Guo’s book combines the broad brush strokes of an introductory text with rich detail on the complexities of modern China.  The book is a comprehensive guide to the changes that have transformed the Chinese economy during the reform era."

--Eric Thun, University of Oxford