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China has initiated and implemented its economic reforms for over
30 years, however, the comprehensive economic reforms and opening
up is still unfolding. The author was a state leader, who has
personally engaged in China's economic policy-making process from
1999 to 2008, and is an economist, who has deeply studied and
thought over China's financial reform in various aspects. This book
summarizes the results of the author's research on China's
financial reforms, adopting the fictitious economy theory, in the
past 10 years.Financial Reforms and Development in China focuses on
the developmental process and main features of the fictitious
economy; the essence and the law of the fictitious capital
(including credit capital, knowledge capital, social capital,
etc.); the relationship between the fictitious economy and the real
economy. The book attempts to use the fictitious economy theory to
analyze the chaos and self-organization of financial system,
financial crisis, inflation and deflation, economic globalization,
and knowledge-based economy and society.The book, comprising 12
chapters, covers all the main aspects of China's financial reform
and provides readers with a practitioner's reading of China's
financial markets, including financial globalization, the financial
system and product innovation, financial crisis, financial
security, financial regulation, universal banking, capital markets,
money market, commercial banks, rural finance, futures markets,
foreign exchange markets, financial derivatives, equity markets,
insurance and so on.The book is invaluable from the perspectives of
its contribution to economic theory, in developing an understanding
of the actual workings of China's economic and financial reforms in
the past decade, and in forecasting future developments in China's
economy and financial markets. It will appeal to academics,
undergraduate students, graduate students, professionals, general
readers interested in finance, the financial reform and market in
China, as well as China's development and the fictitious economy.
This unique book presents the contemporary achievements in
management research and managerial practice of Chinese enterprises.
Featuring a collection of keynote and plenary speeches by
well-known international scholars and CEOs of multinational and
national corporations, this book puts forth their solutions to
management challenges from both China's reality and global
concerns. Comprehensively discussed and examined, the various
topics being broached are strategic management; organizational
behaviors; accounting and finance; management science; information
and technology management; as well as innovations. This book not
only highlights the cutting-edge findings of management research in
China but is also a reflection of the changes of management theory
and applications in the face of China's economic reform and
Open-door policy; hence making it a useful resource for readers
interested in China's management and economic development.
RMB: Towards Internationalization takes an in-depth look at the
exchange rate regime of China's currency, the RMB, including the
arrangements, related policies and management, and corresponding
policy recommendations. This is the first book to apply the
theories of fictitious economy, complexity science and the
principles of international finance to analyze the RMB exchange
rate regime. For readers interested in China's economy in general
and RMB internationalization in particular, this book provides an
entirely new analytical framework on the history and evolution of
RMB exchange regime and on its future development.
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