China's Economic Development, 1950-2014: Fundamental Changes and Long-Term Prospects

China's Economic Development, 1950-2014: Fundamental Changes and Long-Term Prospects is a comprehensive and up-to-date analysis of Chinese economic development from 1950-2014 focusing on current world-wide attention to the economic reform. Chu-yuan Cheng covers a wide range of topics, including the cultural effects and ideological influences on China's economic development; the process of China's transition from a planned to a market economy, leadership changes and the root of the Cultural Revolution; the machine-building industry and scientific and engineering manpower in China; China's new development plans in the twenty-first century and the process and consequence of the "Quiet Revolution"; the international economic relations including the U.S.-China, Sino-Japanese economic relations and access to WTO; economic relations across the Taiwan Strait and the formation of the Greater China Economic Sphere; and the long-term development prospect of the Chinese economy in the twenty-first century and beyond.

Table of Contents:
I. Ideological Background (1) Culture Factors in the Modern Economic Growth of Four East Asian Countries (2) The Originality and Creativity of Sun Yat-sen’s Doctrine and Its Relevance to the Contemporary World (3) The Economic Thought of Mao Zedong II. Process of Development: (1) China’s Transition from a Planned to a Market Economy: New Breakthroughs and Hurdles (2) Economic Development in China since the CCP 12th Party Congress (3) China’s Economy after the CCP 14th Party Congress (4) China's Economic Policies after the CCP 16th National Congress: Agenda and Challenges (5) Chinese Society in Transition (6) Leadership Changes and Economics in China III. Basic Industry and Scientific Manpower (1) Machine-building Industry in Mainland China (2) Energy Resources (3) Scientific and Engineering Manpower in China IV. The New Development Plans: (1) China’s New Development Plans Strategy, Agenda and Prospects (2) China’s Quiet Revolution. Process and Consequences (3) China’s New Deal in the 21st Century: Building a Harmonious Society. Significance and Prospect V. International Economic Relations (1) The Future Prospect of US-China Economic Relations (2) Sino - Japanese Economic Relations: Interdependence and Conflict (3) Economic Implications of China’s Access to WTO: Opportunities and Challenges VI. Economic Relations across the Taiwan Straits: (1) Economic Relations across the Taiwan Strait: Progress, Effects and Prospects (2) Economic Development on both Sides of the Taiwan Straits -- New Trends for Convergence (3) Concept and Practice of a “Greater Chinese Common Market” VII.China's Economic Comprehensive Reforms and Long-term Prospects (1) China's Economic Development Toward the 21st Century and beyond (2) China’s New Comprehensive Reform: Programs, Progress, and Prospects

About the Author :
Dr. Chu-Yuan Cheng is professor emeritus of economics at Ball State University.

Review :
For novices of the Chinese economy, China's Economic Development, 1950-2014 by Professor Chu-yuan Cheng is an excellent introduction that provides sound direction for further studies. For experienced readers, this is a systematic overview of Chinese economic development based on meticulous analyses and insightful interpretations. In a sense, Professor Cheng's latest book is a comprehensive summary of his own works in Chinese economics during his long academic career. It may serve as a model for senior authors who wish to present their scholarship in a similarly reflective and responsible manner.