The China Development Research Foundation is one of the leading
economic and social think tanks in China, where many of the
theoretical underpinnings and policy details of economic reform
were formulated. This book is the first of a series which makes
available to an English-speaking audience the work of the
individual Chinese economists who were the architects of reform.
The series provides an inside view of China's economic reform,
revealing the thinking of the reformers themselves, unlike many
other books on China's economic reform which are written by outside
observers. Xue Muqiao held many key posts including Secretary
General of the Finance and Economy Commission of the Government
Administrative Council, Director-General of the National Bureau of
Statistics and consultant of State Council Office for Restructuring
the Economic Systems. His work included eliminating the serious
inflation of the early years of the People's Republic,
participating in drafting and implementing the First and Second
Five-year Plans, and establishing the initial statistics system and
price management system. His great contribution was to the
development of economic theories and practice following China's
economic reform.
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