Author Description

China's economy has undergone a tremendous transformation in the 40 years since its reform and opening-up was launched in 1978. Today, the nation has embarked on a new era--an era that finds its economy in uncharted waters, tested with new conditions, challenges, and demands. Economic Reform in the New Era dissects the ins and outs of the country's economic reform in the new era, exploring touchstones such as the new normal of the economy, the shifts in reform methodology, the relationship between the government and the market, the drive to build up innovation capacity, and the upgraded systems and functions of state-owned enterprises. These developments in the world's second-largest economy will ripple through the global econmoy and prove to be of worldwide significance.