This volume is a report by leading international economic experts
on China's economic priorities in the coming years. From various
aspects of the domestic and foreign situation, China has now
reached a critical juncture in its economic development. Unless
China is able to overcome the difficulties in undertaking further
reforms in the next ten years, China would be caught in the
middle-income trap and be unable to become a modern country. The
future course of China's economic development is also of great
concern to the rest of the world because the
socio-political-economic conditions in China will have significant
impact on global economic prosperity and on global political
harmony.The book is a product of close collaboration between the
School of Economics at Fudan University and the Earth Institute at
Columbia University. They cover a new paradigm for growth,
short-term demand management, institutional reforms for middle-term
growth, and strengthening the fundamentals for long-term growth.
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