Chinese Finance Policy for a New Era

This book takes an in-depth look at China’s national economic development strategy promulgated by the CPC at its Nineteenth National Congress, held in October 2019, from a historical and scientific perspective. Each of the fifteen chapters discusses one aspect of the new strategy by tracing its core ideas to their theoretical and historical roots. The wide range of topics covered include foundational, strategic, tactical and practical issues such as China’s commitment to socialism, innovation, entrepreneurship and consumer spending, tax and fiscal reform, job-creation, rural development, and digital trade. This book will be of interest to China scholars studying the evolution of the country’s approach to economic development and the larger historical context of the latest strategic plans that will shape China’s economic outlook in the next few decades. He Dexu is the president and researcher of the National Academy of Economic Strategies, Chinese Academy of Social Sciences, the professor and doctoral supervisor at the Graduate School of Chinese Academy of Social Sciences. He also serves as the executive director of the China Finance Society and the vice president of the China Rural Finance Society. Du Zhixiong is researcher and former vice president of the National Academy of Economic Strategies, Chinese Academy of Social Sciences. His research areas include rural non-agricultural industry, rural SME finance. Xia Jiechang is the vice president and researcher of the National Academy of Economics Strategies, Chinese Academy of Social Sciences. He is also the director of the Department of Comprehensive Economic Research, and professor and doctoral supervisor at the Graduate School of Chinese Academy of Social Sciences.