Understanding China’s Economy: Challenges, Fundamentals and Prospects

This book aims to help readers make sense of China’s economy, a pivotal force in shaping the world economy, by engaging with eminent Chinese economists and opinion leaders on China’s historical growth, current challenges, opportunities, and future growth prospects.

Providing global readers with first-hand information and insiders’ perspectives, the nineteen essays collected in this book were divided into six parts, addressing readers’ confusions on topics like: Will China continue to be a growth engine for the world economy? How can the Chinese economy solve its current difficulties like local government debt risk? How can China promote economic transformation
and deepen reform and opening-up? What are the long-term fundamentals and the prospects of China’s future economic development? The contributors featured in this book are Shanwen Gao, Kai Guo, Xunlei Li, Justin Yifu Lin, Shijin Liu, Feng Lu, Ting Lu, Mabel Lu Miao, Yanliang Miao, Xiaomeng Ren, Jinchuan Shi, Xinquan Tu, Geng Xiao, Gao Xu, Henry Huiyao Wang, Yongli Wang, Yang Yao, Fei Yu,
Daojiong Zha, Ming Zhang, and Zhu Guangyao.

These wide-ranging discussions offer panoramic insights and perspectives on the key factors and trends shaping China’s economy from its continuing domestic transformation to the changing international environment created by evolving pattern of globalization, geopolitical realignment, and intensifying great-power competition.

Henry Huiyao Wang , Ph.D., is Founder and President of the Center for China and Globalization (CCG). He served as Counselor to China’s State Council (China’s Cabinet) appointed by the Chinese Premier. He is a Distinguished Professor at China Foreign Affairs University and was Dean of Institute of Development Research at Southwestern University of Finance and Economics.

Dr. Wang is a global thought leader on globalization, global governance and international relations. He has published over 150 books in Chinese and English. He is Chief Editor of Springer Nature’s “China and Globalization” book series.

Zichen Wang is Deputy Secretary-General of the Center for China and Globalization (CCG) and editor of Pekingnology and The East is Read , two influential newsletters on China. Previously he spent 11 years as a senior journalist, including 2.5 years covering the EU from Brussels. Widely published and quoted internationally, he holds a master’s degree in public policy from Princeton University.