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Economic Development of Mainland China


TypeResearch Seminar
InstructorYih-chyi Chuang
RoomHittorfstr. 18 K.18
StartJun 25, 2016 | 10:00 AM
endJul 03, 2016 | 02:00 PM

Saturday and Sunday, 25th - 26th June: 10am - 6 pm

Saturday and Sunday, 2nd - 3rd July: 10am - 6 pm (Sat); 10am - 2pm (Sun)

Course Objectives

This course provides a comprehensive overview of the modern Chinese economy, and discusses several important aspects of the Chinese growth and development, including the major shifts in economic philosophy through time, the macroeconomic trends, agriculture and the rural industrialization, the economic development of urban areas, international trade and foreign investment, financial reform, as well as the challenges and difficulty confronting China today.


Course Description

1. Introduction to the Course

2. Introduction to the Chinese Economy

  • The Chinese economy before 1949
  • The Socialist era 1949-1978
  • Market transition since 1978
  • The urban-rural divide.

3. Patterns of Growth and Development

  • Growth and structural change
  • Population growth and one-child policy
  • Labor and human capital
  • Incomes, inequality, and poverty
  • Macroeconomic Trends and Cycles
  • Rebalancing China's Economic Growth

4. The Rural and Urban Economy

  • Rural Agriculture
  • Rural industrialization
  • Urban ownership and governance
  • Urban structural change: industry, energy, and infrastructure
  • Technology policy and the knowledge-based economy
  • The Chinese financial system

5. China and the World Economy

  • International Trade
  • Foreign Investment

6. Contemporary Issues in China

  • A look at the future of the Chinese economy
  • Looking into the Chinese manufacturing competitiveness
  • The Chinese consumption pattern
  • The environmental cost of Chinese growth

l   President Xi Jinping’s reform and the 13th Five-Year Plan

l   Free Trade Demonstration Zone, AIIB, and One Belt and One Road

l   China’s recent financial reform and potential risks


Teaching Approach

Lectures and class discussion


Course Requirements/Grading Standards

In-lecture discussions 30%

Final term paper (presentation and essay) 70%


Textbooks & References

The main textbooks for this course are

  1. Naughton, Barry (2007). The Chinese Economy: Transition and Growth. MIT Press.
  2. Lardy, Nicholas (2012). Sustaining China's Economic Growth after the Global Financial Crisis. PIIE Press.

We may also discuss articles from Economist and Financial Times as well as some contemporary books on the Chinese economy