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China's transition to a market economy has propelled its remarkable economic growth since the late 1970s. In this book, Nicholas R. Lardy, one of the world's foremost experts on the Chinese economy, traces the increasing role of market forces and refutes the widely advanced argument that Chinese economic progress rests on the government's control of the economy's "commanding heights." In another challenge to conventional wisdom, Lardy finds little evidence that the decade of the leadership of former President Hu Jintao and Premier Wen Jiabao (2003-13) dramatically increased the role and importance of state-owned firms, as many people argue. This book offers powerfully persuasive evidence that the major sources of China's growth in the future will be similarly market rather than state-driven, with private firms providing the major source of economic growth, the sole source of job creation, and the major contributor to China's still growing role as a global trader. Lardy does, however, call on China to deregulate and increase competition in those portions of the economy where state firms remain protected, especially in energy and finance.

Economic order --- Government business enterprises --- Privatization --- China --- Economic policy --- Economic conditions --- Petroleum industry and trade --- Gas industry --- Energy consumption --- Energy policy --- E-books --- Consumption of energy --- Energy efficiency --- Fuel consumption --- Fuel efficiency --- Power resources --- Energy conservation

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International economic relations --- Foreign trade. International trade --- China --- S10/0700 --- S10/0685 --- S10/0641 --- S10/0430 --- 338 <51> --- 338.22 <51> --- 338 <510> --- 338.24 <510> --- CN / China - Chine --- 331.32 --- 334.81 --- 339.113 --- 37 --- 382.50 --- economische politiek --- economische situatiebeschrijvingen --- handel, internationaal --- kapitaalmarkt, internationaal --- Volksrepubliek China --- 337.51 --- China: Economics, industry and commerce--International economic relations (incl. development aid and problems, WTO) --- China: Economics, industry and commerce--US-China economic relations --- China: Economics, industry and commerce--Foreign trade and economic relations: since 1989 --- China: Economics, industry and commerce--Investment --- Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--China --- Economische organisatieleer. Economisch beleid. Economische politiek--China --- Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--?<510> --- Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--?<510> --- Structuur van de economie. --- Wereldhandelsorganisatie (WHO). Algemene overeenkomst voor handel en tarieven (GATT). --- Buitenlandse investeringen. --- Geografische economie. Monografieën van streken en landen. --- Internationale handelsbetrekkingen: algemeenheden. --- Economic policy --- -Foreign economic relations. --- 338.24 <510> Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--?<510> --- 338 <510> Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--?<510> --- 338.22 <51> Economische organisatieleer. Economisch beleid. Economische politiek--China --- 338 <51> Economische situatie. Economische structuur van bepaalde landen en gebieden. Economische geografie. Economische produktie.economische produkten. Economische diensten--China --- #gsdb8 --- Cina --- Kinë --- Cathay --- Chinese National Government --- Chung-kuo kuo min cheng fu --- Republic of China (1912-1949) --- Kuo min cheng fu (China : 1912-1949) --- Chung-hua min kuo (1912-1949) --- Kina (China) --- National Government (1912-1949) --- China (Republic : 1912-1949) --- People's Republic of China --- Chinese People's Republic --- Chung-hua jen min kung ho kuo --- Central People's Government of Communist China --- Chung yang jen min cheng fu --- Chung-hua chung yang jen min kung ho kuo --- Central Government of the People's Republic of China --- Zhonghua Renmin Gongheguo --- Zhong hua ren min gong he guo --- Kitaĭskai︠a︡ Narodnai︠a︡ Respublika --- Činská lidová republika --- RRT --- Republik Rakjat Tiongkok --- KNR --- Kytaĭsʹka Narodna Respublika --- Jumhūriyat al-Ṣīn al-Shaʻbīyah --- RRC --- Kitaĭ --- Kínai Népköztársaság --- Chūka Jinmin Kyōwakoku --- Erets Sin --- Sin --- Sāthāranarat Prachāchon Čhīn --- P.R. China --- PR China --- Chung-kuo --- Zhongguo --- Zhonghuaminguo (1912-1949) --- Zhong guo --- Chine --- République Populaire de Chine --- República Popular China --- Catay --- VR China --- VRChina --- 中國 --- 中国 --- 中华人民共和国 --- Jhongguó --- Bu̇gu̇de Nayiramdaxu Dundadu Arad Ulus --- Bu̇gu̇de Nayiramdaqu Dumdadu Arad Ulus --- Bu̇gd Naĭramdakh Dundad Ard Uls --- Khi︠a︡tad --- Kitad --- Dumdadu Ulus --- Dumdad Uls --- Думдад Улс --- Kitajska --- Structuur van de economie --- Wereldhandelsorganisatie (WHO). Algemene overeenkomst voor handel en tarieven (GATT) --- Buitenlandse investeringen --- Geografische economie. Monografieën van streken en landen --- Internationale handelsbetrekkingen: algemeenheden --- Foreign economic relations.

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This study maintains that China's system of economic planning tends to mitigate the trade-off between economic growth and equity that has been found to prevail in the early stages of development in most less developed countries. The analysis focuses on the Chinese leadership's attempt to improve economic efficiency by decentralizing economic management without encouraging, as a consequence, increased economic inequality among different regions. By examining the budgetary and planning process, focusing in particular on the fiscal relations between the centre and the far-reaching degree of resource redistribution undertaken by the central government through its control of interprovincial and intersectoral resource transfers. Professor Lardy's analysis highlights the essential features of Chinese economic growth and relates these to the experience of both developing and Soviet-type economies.

China --- Economic policy --- S10/0240 --- #SML: Joseph Spae --- China: Economics, industry and commerce--General works and economic history: since 1949 --- -S10/0240 --- -China --- -338.22 --- -Income --- 330.35 --- 338.22 --- 338.22 Economische organisatieleer. Economisch beleid. Economische politiek --- Economische organisatieleer. Economisch beleid. Economische politiek --- 330.35 Economische groei. Kwantitatieve toename. Technische vooruitgang --zie ook {338.09} --- Economische groei. Kwantitatieve toename. Technische vooruitgang --zie ook {338.09} --- Economic conditions --- Income --- Chine --- Conditions économiques --- Business, Economy and Management --- Economics --- China - Economic policy - 1949-1976 --- Economic development --- History. --- Development, Economic --- Economic growth --- Growth, Economic --- Statics and dynamics (Social sciences) --- Development economics --- Resource curse

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This study, first published in 1992, explores the relationship between China's foreign trade reforms and the domestic economic reforms that underlie China's policy of openness. It provided the first comprehensive analysis of how China emerged, since reform began in 1978, as one of the most dynamic trading nations in the world. It examines both the external policy changes, such as the decentralisation of trading authority and the devaluation of the domestic currency, and internal economic reforms such as the increased use of markets and prices. The volume concludes with an analysis of the sources of China's export growth and outlines further domestic economic reforms that the author believes will be required to sustain China's integration into the world economy.

Foreign trade policy --- anno 1970-1979 --- China --- 339.54 <510> --- 338.24 <510> --- Buitenlandse economische politiek. Buitenlandse handelspolitiek. Instrumentarium van de buitenlandse handel--?<510> --- Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--?<510> --- -S10/0641 --- 338.24 <510> Instrumenten van de economische politiek. Economische orde. Economisch politieke maatregelen. Stabilisering. Stimuleringsmaatregelen. Regulering. Financiele steunmaatregelen--?<510> --- 339.54 <510> Buitenlandse economische politiek. Buitenlandse handelspolitiek. Instrumentarium van de buitenlandse handel--?<510> --- S10/0641 --- S10/0251 --- China: Economics, industry and commerce--Foreign trade and economic relations: since 1989 --- China: Economics, industry and commerce--General works and economic history: since 1989 --- Cina --- Kinë --- Cathay --- Chinese National Government --- Chung-kuo kuo min cheng fu --- Republic of China (1912-1949) --- Kuo min cheng fu (China : 1912-1949) --- Chung-hua min kuo (1912-1949) --- Kina (China) --- National Government (1912-1949) --- China (Republic : 1912-1949) --- People's Republic of China --- Chinese People's Republic --- Chung-hua jen min kung ho kuo --- Central People's Government of Communist China --- Chung yang jen min cheng fu --- Chung-hua chung yang jen min kung ho kuo --- Central Government of the People's Republic of China --- Zhonghua Renmin Gongheguo --- Zhong hua ren min gong he guo --- Kitaĭskai︠a︡ Narodnai︠a︡ Respublika --- Činská lidová republika --- RRT --- Republik Rakjat Tiongkok --- KNR --- Kytaĭsʹka Narodna Respublika --- Jumhūriyat al-Ṣīn al-Shaʻbīyah --- RRC --- Kitaĭ --- Kínai Népköztársaság --- Chūka Jinmin Kyōwakoku --- Erets Sin --- Sin --- Sāthāranarat Prachāchon Čhīn --- P.R. China --- PR China --- Chung-kuo --- Zhongguo --- Zhonghuaminguo (1912-1949) --- Zhong guo --- Chine --- République Populaire de Chine --- República Popular China --- Catay --- VR China --- VRChina --- 中國 --- 中国 --- 中华人民共和国 --- Jhongguó --- Bu̇gu̇de Nayiramdaxu Dundadu Arad Ulus --- Bu̇gu̇de Nayiramdaqu Dumdadu Arad Ulus --- Bu̇gd Naĭramdakh Dundad Ard Uls --- Khi︠a︡tad --- Kitad --- Dumdadu Ulus --- Dumdad Uls --- Думдад Улс --- Kitajska --- Commercial policy. --- Economic policy --- -S10/0251 --- Commercial policy --- Business, Economy and Management --- Economics --- China - Commercial policy --- China - Economic policy - 1976-2000 --- 339.5 <510> --- 339.5 <510> Buitenlandse handel. Internationale handel. Ruilvoet--?<510> --- Buitenlandse handel. Internationale handel. Ruilvoet--?<510> --- -China --- -Cina --- PRC --- P.R.C. --- BNKhAU --- БНХАУ --- China (Republic : 1949- ) --- -339.54 <510> --- -Foreign trade policy --- -Commercial policy

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Agricultural price supports --- Agricultural prices --- Agriculture and state --- Farm produce --- Food prices --- 338.5 --- 631 --- 631 Agriculture in general --- Agriculture in general --- 338.5 Prijsvorming. Prijskostenverhouding. Prijsbeweging. Prijsfluctuatie--macroeconomisch; prijsindex zie {336.748.12} --- Prijsvorming. Prijskostenverhouding. Prijsbeweging. Prijsfluctuatie--macroeconomisch; prijsindex zie {336.748.12} --- Food --- Food industry and trade --- Agricultural commodities --- Agricultural products --- Produce --- Agriculture --- Raw materials --- Plant products --- Produce trade --- Farm price supports --- Agricultural subsidies --- Farm prices --- Prices --- Farm income --- Marketing --- Government policy --- Economic aspects --- Zonder onderwerpscode