"Five-Year Plans" have been a cornerstone of Chinese social and economic development initiatives since 1953. During the thirteenth of these periods between 2016 and 2020, the global economy has experienced instability after the financial crisis, as well as political and economic reconfiguration. Drawing on modern economic theory, this book comprehensively discusses China's economic development in this crucial phase.
The book analyzes the international economic environment, and asks how China’s continued reform and opening-up can fit with the new era of economic globalization. It also presents the difficulties China faces in such fields as urbanization, the coordination of regional development and urban-rural integration, economic reform, and the reform of factor markets and state-owned enterprises.
The book outlines many medium-term development rules along with key characteristics of China's economy, helping international readers fully understand likely future trajectories for the Chinese economy.
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Lin Gang is the dean, professor, and doctoral supervisor at the Institute of China's Economic Reform and Development, Renmin University of China. His research areas are ownership theory, economic growth theory, economic system reform, economic methodology.
Wang Yiming is the executive director of the China Society of Macroeconomics and vice chairman of the Chinese Association for Regional Economics. He has been engaged in macroeconomic research for a long time, mainly in the fields of macroeconomic policy, economic and social development planning, scientific and technological progress and policy, industrial development and policy, and regional economy and policy.
Ma Xiaohe is the executive vice president of the Institute of China's Economic Reform and Development, Renmin University of China and the associate dean and researcher at the Academy of Macroeconomic Research, National Development and Reform Commission. His research focus is regional economy.
Gao Debu is professor and doctoral supervisor at the School of Economics, Renmin University of China, vice president of the China Economic Reform and Development Research Institute, and researcher at the Collaborative Innovation Center for Socialism with Chinese Characteristics. He has been engaged in research on political economics and economic history for a long time.
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