China S Opportunities For Development In An Era Of Great Global Change
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China’s Opportunities for Development in an Era of Great Global Change by Fang Li,Li Junkai Pdf
This book interprets China's development and the opportunities it can leverage in the context of unprecedented change and the COVID-19 pandemic. It aims to provide case studies and insights for researchers and offer authoritative information for those interested in China’s development. In this book, 20 distinguished experts and researchers contribute their wisdom around five topics: science and technology innovation, ecological environment, the global and Chinese economies, high-tech industry development, and international and Chinese media research.
China's New Sources of Economic Growth: Vol. 1 by Ligang Song,Ross Garnaut,Cai Fang,Lauren Johnston Pdf
China’s change to a new model of growth, now called the ‘new normal’, was always going to be hard. Events over the past year show how hard it is. The attempts to moderate the extremes of high investment and low consumption, the correction of overcapacity in the heavy industries that were the mainstays of the old model of growth, the hauling in of the immense debt hangover from the fiscal and monetary expansion that pulled China out of the Great Crash of 2008 would all have been hard at any time. They are harder when changes in economic policy and structure coincide with stagnation in global trade and rising protectionist sentiment in developed countries, extraordinarily rapid demographic change and recognition of the urgency of easing the environmental damage from the old model. China’s economy has slowed and there are worries that the authorities will not be able to contain the slowdown within preferred limits. This year’s Update explores the challenge of the slowdown in growth and the change in economic structure. Leading experts on China’s economy and environment review change within China’s new model of growth, and its interaction with ageing, environmental pressure, new patterns of urbanisation, and debt problems at different levels of government. It illuminates some new developments in China’s economy, including the transformational potential of internet banking, and the dynamics of financial market instability. China’s economic development since 1978 is full of exciting change, and this year’s China Update is again the way to know it as it is happening.
China's New Place in a World in Crisis by Ross Garnaut,Ligang Song,Wing Thye Woo Pdf
The world and China's place in it have been transformed over the past year. The pressures for change have come from the most severe global financial crisis ever. The crisis has accelerated China's emergence as a great power. But China and its global partners have yet to think or work through the consequences of its new position for the governance of world affairs. China's New Place in a World in Crisis discusses and provides in-depth analysis of the following questions. How have China's growth prospects been affected by the global crisis? How will the crisis and China's response to it impact China's major domestic issues, such as industrialisation, urbanisation and the reform of the state-owned sector of the economy? How will the crisis and the international community's response to it affect the rapidly emerging new international order? What will be China's, and other major developing countries', new role? Can China and the world find a way of breaking the nexus between economic growth and environmental sustainability - especially on the issue of climate change?
Development Research Center of the State Council,The World Bank
Author : Development Research Center of the State Council,The World Bank Publisher : World Bank Publications Page : 473 pages File Size : 49,7 Mb Release : 2013-03-26 Category : Business & Economics ISBN : 9780821397565
China 2030 by Development Research Center of the State Council,The World Bank Pdf
China should complete its transition to a market economy through enterprise, land, labor, and financial sector reforms, strengthen its private sector, open its markets to greater competition and innovation, and ensure equality of opportunity to help achieve its goal of a new structure for economic growth. These are some of the key findings of China 2030, a joint research report by a team from the World Bank and the Development Research Center of China s State Council. This report lays out the case for a new development strategy for China to rebalance the role of government and market, private sector and society to reach the goal of becoming a-high income country by 2030. China 2030 recommends steps to deal with the risks facing China over the next 20 years, including the risk of a hard landing in the short term, as well as challenges posed by an ageing and shrinking workforce, rising inequality, environmental stresses, and external imbalances. The report presents six strategic directions for China s future: Completing the transition to a market economy; Accelerating the pace of open innovation; Going green to transform environmental stresses into green growth as a driver for development; Expanding opportunities and services such as health, education and access to jobs for all people; Modernizing and strengthening its domestic fiscal system; and Seeking mutually beneficial relations with the world by connecting China s structural reforms to the changing international economy.
Author : Adrian J. Bailey,Ricardo K. S. Mak Publisher : Walter de Gruyter GmbH & Co KG Page : 236 pages File Size : 42,6 Mb Release : 2021-01-18 Category : Literary Criticism ISBN : 9781501505591
Asia and China in the Global Era by Adrian J. Bailey,Ricardo K. S. Mak Pdf
China's strong economic growth occurring alongside modernization across the great majority of Asian societies has created what many see as a transnational space through and by which not only economic, social and cultural resources, but also threats and crises flow over traditional political boundaries. The first section of the work lays out a clear conceptual framework. It draws on arguments about nation no longer being the only container of society, about trans-disciplinary thinking, and about knowledge being context-bound. It identifies and discusses distinctive features of China and Asia in the global era. These include population, urbanization and climate change; the continuing reach of Orientalist shadows; cultural politics of knowledge. It closes by arguing how global studies adds value to existing accounts. The second, and longer, section applies this framework through a series of original empirical case-studies in three areas: migration/poverty/gender; culture/education; well-being. Both the conceptual framework and case-studies are drawn from research presented at HKBU since 2011 under the auspices of the Global Social Sciences Conference Series and supplemented by additional papers.
The Chinese economy is undergoing profound change in policy and structure. The change is necessary to increase the value of growth to the Chinese community, and to sustain growth into the future. The changes are so comprehensive and profound that they represent a new model of Chinese economic growth. This book describes the replacement of an old uninhibited investment expansion model of growth, by transition to modern economic growth and provides insights into recent changes and where they are likely to lead. These include requirements for building the new institutions including its public finances for future growth, adjustments in its savings, industry and agriculture, changes in its demographic structure, business environment, and pattern of rural-urban migration, prospects for 'green growth', its energy policy trilemma and the climate change mitigation strategy, and changes for China's interaction with the international economy through its overseas investment and trade in high tech products. China's adoption of a new model of economic growth is of immense importance to people in China and everywhere. This book is an early attempt to take a close look at many of the features of the new model.
Author : Jane Golley,Ligang Song Publisher : ANU E Press Page : 362 pages File Size : 55,6 Mb Release : 2011-06-01 Category : Political Science ISBN : 9781921862298
Where the last three decades of the 20th century witnessed a China rising on to the global economic stage, the first three decades of the 21st century are almost certain to bring with them the completion of that rise, not only in economic, but also political and geopolitical terms. China's integration into the global economy has brought one-fifth of the global population into the world trading system, which has increased global market potential and integration to an unprecedented level. The increased scale and depth of international specialisation propelled by an enlarged world market has offered new opportunities to boost world production, trade and consumption; with the potential for increasing the welfare of all the countries involved. However, China's integration into the global economy has forced a worldwide reallocation of economic activities. This has increased various kinds of friction in China's trading and political relations with others, as well as generating several globally significant externalities. Finding ways to accommodate China's rise in a way that ensures the future stability and prosperity of the world economy and polity is probably the most important task facing the world community in the first half of the 21st century. The book delves into these issues to reflect upon the wide range of opportunities and challenges that have emerged in the context of a rising China.
Re-emergence Of China, The: The New Global Era by Michael Lloyd,Bob Savic Pdf
In eleven chapters this book addresses the issue of the re-emergence of China and a new global order on the world stage, with implications for the existing US hegemonic liberal international order. The Re-Emergence of China reviews the history of China's astounding economic growth and geopolitical development over the past 30 years. It explores the economic, technological, and global development of China during this period; explores the political philosophy and praxis from imperial neo-Confucian times to the present socialist regime; the cultural and social development of China and the role of the Chinese diaspora; and examines the prospects for a new international order with a major role for China.This book will fit comfortably into the required reading schedule for graduate class modules in Chinese and East Asian studies, political theory, economic development, and contemporary political history. Of particular interest will be the exploration of the role of the Chinese diaspora in modern China's development. The authors' focus on the contemporary conflict between the US and China will also be of wider interest to political commentators as well as academic researchers in Chinese studies.The Re-Emergence of China can provide a guiding narrative for academics, researchers, policymakers, industry leaders and many other relevant professionals on how global society can be reshaped in the wake of China's re-emergence in the new global era. By focusing on China's integration with the economic and political world order, in terms of both its advances and setbacks, in addition to the historical contexts, readers can navigate the book's succinct coverage and conclusions on the development of a China polity which has become increasingly connected to the world in some ways, yet more disconnected in others.Related Link(s)
Transition and Opportunity by Huiyao Wang,Lu Miao Pdf
This book is open access under a CC BY-NC-ND 4.0 license. Multinational corporations (MNCs) have long played a crucial role in the Chinese economy. This role is one that is set to continue in the post-pandemic era as China works to transit to a high-quality growth model that is more sustainable and innovation-driven. With global experience and front-line involvement in some of the most pressing economic, technological, and environmental issues of our day, leading figures in MNCs and chambers of commerce are well placed to share insights that could potentially contribute to policymaking and development strategies so that everyone can “make the most” of China’s future. This collection of essay aims to share these invaluable insights with a wider audience, offering balanced and diverse perspectives from companies and advocacy groups working on a range of issues related to China’s domestic development, international economic cooperation, and China-US competition. These insights are useful not only for the wider business community, but also for academics, policymakers, students, and anyone trying to deepen their understanding of this exciting period of “transition and opportunity,” and make the most of China’s bright future.
China’s Transition on Climate Change Communication and Governance by Binbin Wang Pdf
This book provides a two-level analytical framework and empirical study to analyze the reason and process of China’s transition that is from a follower to driver in the field of global climate governance, and is especially valuable the dialogues and cooperation between the government, media and civil society. Nowadays, China shows strong leadership to push the process of global climate governance. It’s the first and fastest time in the past 40-year history of China’s Opening-up that China wins the international respect and trust in one of the issues of global governance. What experiences can be summarized? What dynamic situations and new possibilities emerged after Trump, the U.S. president announced to withdraw from the Paris Agreement? How to move forward based on the existing success? This timely book offers new lens for international readers to understand China’s effort domestically and internationally in the field of climate change and illustrate the outlook of the climate governance in the frame of win-win co-governance model.
The Economics of Climate Change in China by Fan Gang,Nicholas Stern,Ottmar Edenhofer,Xu Shanda,Klas Eklund,Frank Ackerman,Lailai Li,Karl Hallding Pdf
China faces many modernization challenges, but perhaps none is more pressing than that posed by climate change. China must find a new economic growth model that is simultaneously environmentally sustainable, can free it from its dependency on fossil fuels, and lift living standards for the majority of its population. But what does such a model look like? And how can China best make the transition from its present macro-economic structure to a low-carbon future? This ground-breaking economic study, led by the Stockholm Environment Institute and the Chinese Economists 50 Forum, brings together leading international thinkers in economics, climate change, and development, to tackle some of the most challenging issues relating to China's low-carbon development. This study maps out a deep carbon reduction scenario and analyzes economic policies that shift carbon use, and shows how China can take strong and decisive action to make deep reductions in carbon emission over the next forty years while maintaining high economic growth and minimizing adverse effects of a low-carbon transition. Moreover, these reductions can be achieved within the finite global carbon budget for greenhouse gas emissions, as determined by the hard constraints of climate science. The authors make the compelling case that a transition to a low-carbon economy is an essential part of China's development and modernization. Such a transformation would also present opportunities for China to improve its energy security and move its economy higher up the international value chain. They argue that even in these difficult economic times, climate change action may present more opportunities than costs. Such a transformation, for China and the rest of the world, will not be easy. But it is possible, necessary and worthwhile to pursue.
Author : Joseph Y.S. CHENG Publisher : City University of HK Press Page : 657 pages File Size : 54,7 Mb Release : 2012-05-01 Category : Social Science ISBN : 9789629371975
This volume presents a timely assessment of the Hu Wen Administration at the juncture of preparing a change of China s leadership in 2012 13. The assessment is important because the administration s apparent success tends to create a path-dependent orientation on the part of its successor. Bringing together a collection of nineteen major essays, this book offers a fresh perspective of evaluating the performance and achievements of China in the Hu Wen era in terms of economic development, the establishment of a rudimentary social security system and her rising international status. The new opportunities and challenges facing China, and how will the likely successors Xi Jinping and Li Keqiang handle those opportunities and challenges, as well as new policy programmes will also be discussed in greater detail. Each essay is written by experts and scholars from different academic disciplines and backgrounds to provide readers with a unique overview of their respective areas of expertise.
China's Economic Rise by Congressional Research Service Pdf
Prior to the initiation of economic reforms and trade liberalization 36 years ago, China maintained policies that kept the economy very poor, stagnant, centrally-controlled, vastly inefficient, and relatively isolated from the global economy. Since opening up to foreign trade and investment and implementing free market reforms in 1979, China has been among the world's fastest-growing economies, with real annual gross domestic product (GDP) growth averaging nearly 10% through 2016. In recent years, China has emerged as a major global economic power. It is now the world's largest economy (on a purchasing power parity basis), manufacturer, merchandise trader, and holder of foreign exchange reserves.The global economic crisis that began in 2008 greatly affected China's economy. China's exports, imports, and foreign direct investment (FDI) inflows declined, GDP growth slowed, and millions of Chinese workers reportedly lost their jobs. The Chinese government responded by implementing a $586 billion economic stimulus package and loosening monetary policies to increase bank lending. Such policies enabled China to effectively weather the effects of the sharp global fall in demand for Chinese products, but may have contributed to overcapacity in several industries and increased debt by Chinese firms and local government. China's economy has slowed in recent years. Real GDP growth has slowed in each of the past six years, dropping from 10.6% in 2010 to 6.7% in 2016, and is projected to slow to 5.7% by 2022.The Chinese government has attempted to steer the economy to a "new normal" of slower, but more stable and sustainable, economic growth. Yet, concerns have deepened in recent years over the health of the Chinese economy. On August 11, 2015, the Chinese government announced that the daily reference rate of the renminbi (RMB) would become more "market-oriented." Over the next three days, the RMB depreciated against the dollar and led to charges that China's goal was to boost exports to help stimulate the economy (which some suspect is in worse shape than indicated by official Chinese economic statistics). Concerns over the state of the Chinese economy appear to have often contributed to volatility in global stock indexes in recent years.The ability of China to maintain a rapidly growing economy in the long run will likely depend largely on the ability of the Chinese government to implement comprehensive economic reforms that more quickly hasten China's transition to a free market economy; rebalance the Chinese economy by making consumer demand, rather than exporting and fixed investment, the main engine of economic growth; boost productivity and innovation; address growing income disparities; and enhance environmental protection. The Chinese government has acknowledged that its current economic growth model needs to be altered and has announced several initiatives to address various economic challenges. In November 2013, the Communist Party of China held the Third Plenum of its 18th Party Congress, which outlined a number of broad policy reforms to boost competition and economic efficiency. For example, the communique stated that the market would now play a "decisive" role in allocating resources in the economy. At the same time, however, the communique emphasized the continued important role of the state sector in China's economy. In addition, many foreign firms have complained that the business climate in China has worsened in recent years. Thus, it remains unclear how committed the Chinese government is to implementing new comprehensive economic reforms.China's economic rise has significant implications for the United States and hence is of major interest to Congress. This report provides background on China's economic rise; describes its current economic structure; identifies the challenges China faces to maintain economic growth; and discusses the challenges, opportunities, and implications of China's economic rise.
China Environment and Development ReviewisChina's Environment and Development in the Era of Globalization by Zhang Xiao Pdf
This book focuses on climate change and China, as well as international trade and China's environmental issues. It investigates the impact of globalization on sustainable development. As a new public issue, climate change has placed the whole world in two dilemmas, commercial rationality dominating our world cannot resolve such dilemmas, therefore greater wisdom is desperately needed, e.g. establishing new civilized norms and value system. The relationship between trade and poverty is discussed, and further effects of globalization on worldwide both environment and natural resource usage are analyzed by those quantitative analysis methods. The consequence of globalization is not only economic and income growth in some countries, but also ecological and social imbalance between countries (e.g. poverty). High lighting the fragility of the ecological environment and needy groups. How to understand and address the impacts of trade on China's resource consumption and environment? Is the he questions that this book intends to answer. (1) There was never a book in English on China's environment and development under globalization background;(2) The book is exclusively concerned with the social imbalance (e.g. poverty) in consequence of globalization;(3) More quantitative analysis methods are employed and more international comparisons are used in the book.
The rapid pace and grand scale of China's rise have produced a heady mixture of wonder and consternation in the West. Is China on track to become a superpower? What would that mean for the rest of the world? Economist Hu Angang approaches these questions through analysis of three major dimensions of China's rise: its overall economic and social development; advances in education, science, and technology (including alternative energy); and the likely complications posed by resource scarcity, environmental degradation, and climate change. After three decades of unprecedented economic growth, China is now home to the world's second-largest economy. It is the world's largest exporter and its second-largest consumer of energy (as well as number one in carbon emissions). Extrapolating from these seismic changes, Hu forecasts that by 2020 China will become a "mature, responsible, and attractive superpower" that will contribute, alongside the European Union, to the "end of the unipolar era dominated by the United States." China in 2020 presents a native Chinese perspective on the challenges and opportunities that Beijing will face as its global footprint expands. Through a meticulous examination of China's development trajectory, Hu Angang explains how his nation—as the world's largest emerging market—will impact global economic growth, foreign direct investment flows, energy consumption, and carbon dioxide emissions. He proposes a comprehensive strategic framework to guide the next stage of China's rise, seeking to maximize the country's positive impact on the world and minimize the negative externalities of its meteoric development.