Shuming Bao is the Senior Research Coordinator for China Initiatives at the International Institute of the University of Michigan at Ann Arbor, USA. Shuanglin Lin is Lindley Professor in the Department of Economics, University of Nebraska at Omaha, USA. Changwen Zhao is Professor at the Business School in Sichuan University, China.

'...the book presents rich information and background on various aspects of China's economy...a valuable resource for scholars and students interested in studies on China's economy.' Asia-Pacific Economic Literature 'The real purpose of the book is to comprehensively examine contemporary developments in the Chinese economy. And it overall does an excellent job at that.' Journal of Asian Business

• List of Figures, List of Tables, List of Contributors, Introduction, PART I. Globalization and Privatization, 1. A New Round of Economic Growth: Causes, Mechanisms and Characteristics, 2. China One Year After Its WTO Entry, 3. WTO and Private Enterprises: A Case Study of China Feiyue, 4. Local Government and Private Sector Development, 5. Globalization and Privatization: Evidence from China, PART II. Fiscal Policy Reform and Financial Development, 6. China’s Capital Tax Reforms in an Open Economy, 7. On the Intertemporal Sustainability of Fiscal Debt, 8. Sequencing Domestic Financial Reform: Country Experiences and China’s Roadmap, 9, Public Venture Capital and Its Private Strategies in China, 10. Financial Development and Urban-Rural Income Disparity in China, PART III. International Trade and Industrial Development, 11. China in the Antidumping War Against China, 12. Price Competition in the Chinese Pharmaceutical Market, 13. The Performance of Commodity Futures Markets: A Comparison of China and US Wheat Futures, 14. Home Market Effect and Its Impact on Production and Trade: An Empirical Study of China and the US, PART IV. Economic Performance and Labor Market, 15. Comparing Selected Aspects of Economic Performance: China versus India, 16. Low Wage and Low Labor Standards in China: A Substitute Explanation of ‘The Race-to-the-Bottom’, 17. Migration and Regional Development in China, 18. Taiwan Cross-Strait Economic Relations in the Era of Globalization, Index

Shuming Bao is the Senior Research Coordinator for China Initiatives at the International Institute of the University of Michigan at Ann Arbor, USA. Shuanglin Lin is Lindley Professor in the Department of Economics, University of Nebraska at Omaha, USA. Changwen Zhao is Professor at the Business School in Sichuan University, China.

'...the book presents rich information and background on various aspects of China's economy...a valuable resource for scholars and students interested in studies on China's economy.' Asia-Pacific Economic Literature 'The real purpose of the book is to comprehensively examine contemporary developments in the Chinese economy. And it overall does an excellent job at that.' Journal of Asian Business

• List of Figures, List of Tables, List of Contributors, Introduction, PART I. Globalization and Privatization, 1. A New Round of Economic Growth: Causes, Mechanisms and Characteristics, 2. China One Year After Its WTO Entry, 3. WTO and Private Enterprises: A Case Study of China Feiyue, 4. Local Government and Private Sector Development, 5. Globalization and Privatization: Evidence from China, PART II. Fiscal Policy Reform and Financial Development, 6. China’s Capital Tax Reforms in an Open Economy, 7. On the Intertemporal Sustainability of Fiscal Debt, 8. Sequencing Domestic Financial Reform: Country Experiences and China’s Roadmap, 9, Public Venture Capital and Its Private Strategies in China, 10. Financial Development and Urban-Rural Income Disparity in China, PART III. International Trade and Industrial Development, 11. China in the Antidumping War Against China, 12. Price Competition in the Chinese Pharmaceutical Market, 13. The Performance of Commodity Futures Markets: A Comparison of China and US Wheat Futures, 14. Home Market Effect and Its Impact on Production and Trade: An Empirical Study of China and the US, PART IV. Economic Performance and Labor Market, 15. Comparing Selected Aspects of Economic Performance: China versus India, 16. Low Wage and Low Labor Standards in China: A Substitute Explanation of ‘The Race-to-the-Bottom’, 17. Migration and Regional Development in China, 18. Taiwan Cross-Strait Economic Relations in the Era of Globalization, Index

Shuming Bao is the Senior Research Coordinator for China Initiatives at the International Institute of the University of Michigan at Ann Arbor, USA. Shuanglin Lin is Lindley Professor in the Department of Economics, University of Nebraska at Omaha, USA. Changwen Zhao is Professor at the Business School in Sichuan University, China.

'...the book presents rich information and background on various aspects of China's economy...a valuable resource for scholars and students interested in studies on China's economy.' Asia-Pacific Economic Literature 'The real purpose of the book is to comprehensively examine contemporary developments in the Chinese economy. And it overall does an excellent job at that.' Journal of Asian Business

• List of Figures, List of Tables, List of Contributors, Introduction, PART I. Globalization and Privatization, 1. A New Round of Economic Growth: Causes, Mechanisms and Characteristics, 2. China One Year After Its WTO Entry, 3. WTO and Private Enterprises: A Case Study of China Feiyue, 4. Local Government and Private Sector Development, 5. Globalization and Privatization: Evidence from China, PART II. Fiscal Policy Reform and Financial Development, 6. China’s Capital Tax Reforms in an Open Economy, 7. On the Intertemporal Sustainability of Fiscal Debt, 8. Sequencing Domestic Financial Reform: Country Experiences and China’s Roadmap, 9, Public Venture Capital and Its Private Strategies in China, 10. Financial Development and Urban-Rural Income Disparity in China, PART III. International Trade and Industrial Development, 11. China in the Antidumping War Against China, 12. Price Competition in the Chinese Pharmaceutical Market, 13. The Performance of Commodity Futures Markets: A Comparison of China and US Wheat Futures, 14. Home Market Effect and Its Impact on Production and Trade: An Empirical Study of China and the US, PART IV. Economic Performance and Labor Market, 15. Comparing Selected Aspects of Economic Performance: China versus India, 16. Low Wage and Low Labor Standards in China: A Substitute Explanation of ‘The Race-to-the-Bottom’, 17. Migration and Regional Development in China, 18. Taiwan Cross-Strait Economic Relations in the Era of Globalization, Index