China's Economy

Iris Claus is a Senior Fellow, Department of Economics, Waikato University, New Zealand. Her current research interests are in unconventional monetary policy, taxation, financial intermediation, open economy macroeconomics and general equilibrium modeling. She is the Managing Editor for Journal Economic Surveys and Associate Editor of Asian Economic Papers.Les Oxley is Professor in Economics, University of Waikato, New Zealand, and Adjunct Professor, School of Economics and Finance, Curtin University of Technology, Australia. He is the editor of, amongst others, Innovation, Entrepreneurship, Geography and Growth (with P. McCann, Wiley-Blackwell, 2012), Economics and History: Surveys in Cliometrics (with D. Greasley, Wiley-Blackwell, 2011), and the author of China’s Energy Economy: Reforms, Market Development, Factor Substitution and the Determinants of Energy Intensity (with Hengyun Ma, 2012).

• 1. The Chinese Economy, Past, Present and Future 1Iris Claus and Les Oxley2. A Survey of Recent Research in Chinese Economic History 7Kent Deng3. Demographic Transition and Labour Market Changes: Implications for Economic Development in China 25Yang Du and Cuifen Yang4. Pension Reform in China: Challenges and Opportunities 45Yong Cai and Yuan Cheng5. The Evolution of the Housing Market and Its Socioeconomic Impacts in the Post-Reform People’s Republic of China: A Survey of the Literature 63Jie Chen and Xuehui Han6. Urbanization and Urban Systems in the People’s Republic of China: Research Findings and Policy Recommendations 83Ming Lu and Guanghua Wan7. Income Inequality in the People’s Republic of China: Trends, Determinants, and Proposed Remedies 99Chen Wang, GuanghuaWan and Dan Yang8. The Evolving Geography of China’s Industrial Production: Implications for Pollution Dynamics and Urban Quality of Life 125Siqi Zheng, Cong Sun, Ye Qi and Matthew E. Kahn9. Innovation in China 143Peilei Fan10. China’s Service Trade 165Hejing Chen and John WhalleyIndex 197