A New Era China's Economy Globalizes
This book comprises ten research papers written by scholars from China's leading institutions and think-tanks selected by the Editorial Department of Finance & Trade Economics in China that address questions that are of importance to readers and schol
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EDITED BY DEXU HE AND CHAOYANG WANG
A New Era
Dexu He • Chaoyang Wang Editors
A New Era China’s Economy Globalizes
Editors Dexu He National Academy of Economic Strategy Chinese Academy of Social Sciences Beijing, China
Chaoyang Wang National Academy of Economic Strategy Chinese Academy of Social Sciences Beijing, China
ISBN 978-981-10-8356-3 ISBN 978-981-10-8357-0 (eBook) https://doi.org/10.1007/978-981-10-8357-0 Library of Congress Control Number: 2018943395 Based on a translation from the Chinese language edition: 新时代: 中国经济全球化 Copyright © Social Sciences Academic Press, 2018 All Rights Reserved © The Editor(s) (if applicable) and The Author(s) 2019 This work is subject to copyright. All rights are solely and exclusively licensed by the Publisher, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms or in any other physical way, and transmission or information storage and retrieval, electronic adaptation, computer software, or by similar or dissimilar methodology now known or hereafter developed. The use of general descriptive names, registered names, trademarks, service marks, etc. in this publication does not imply, even in the absence of a specific statement, that such names are exempt from the relevant protective laws and regulations and therefore free for general use. The publisher, the authors and the editors are safe to assume that the advice and information in this book are believed to be true and accurate at the date of publication. Neither the publisher nor the authors or the editors give a warranty, express or implied, with respect to the material contained herein or for any errors or omissions that may have been made. The publisher remains neutral with regard to jurisdictional claims in published maps and institutional affiliations. Cover illustration: © Yaorusheng / Getty Images Cover Design by Ran Shauli This Palgrave Macmillan imprint is published by the registered company Springer Nature Singapore Pte Ltd. The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore
Preface
As Chinese President Xi Jinping noted in the report he delivered at the 19th National Congress of the Communist Party of China, “With decades of hard work, socialism with Chinese characteristics has crossed the threshold into a new era. This is a new historic juncture in China’s development.” In the new era, the principal contradiction facing Chinese society has evolved. “What we now face is the contradiction between unbalanced and inadequate development and the people’s ever-growing needs for a better life.” The period between now and 2020 will be decisive in finishing the building of a moderately prosperous society in all respects. In this period, “We must take tough steps to forestall and defuse risks, carry out targeted poverty alleviation, and prevent and control pollution.” How should we understand China’s growth model, the characteris
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