40 Years of Reform and Opening-up

This book consists of studies on China’s economic development since China carried out the reform and opening-up strategy, in terms of various aspects, such as China’s economic restructuring, economic operational mechanism, socialist market economy, inflation, reform of the urban housing system, economic impact of WTO entry, potential growth rate, global economic governance, structural fiscal and taxation reforms, rapid growth of China's financial industry, etc. Those studies explores China’s past successful experience of economic growth in the past and will shed some light on China’s economic development in the future. Chaoyang Wang is an associate research fellow from National Academy of Economic Strategy, Chinese Academy of Social Science (CASS), the editorial director of Finance and Trade Economics, and Master’s tutor of the graduate school of CASS. His major research interests include financial reform, financial services industry, financial centers, and the service economy.