Comprehensive and Up-to-Date Analysis
Provides in-depth insights into China’s economy and business landscape across 12 key aspects， while addressing critical issues shaping China’s global role.
Data-Driven Insights
Delivers authoritative perspectives on China’s dynamic economy， backed by robust data and compelling case studies.
Policy-Practice Integration
Bridges theoretical frameworks with practical applications， synthesizing policy documents and research literature to offer actionabl
Chapter 1 Introduction to Modern China’s Economic
and Business Environment
1.1 China’s Overall Economic Performance Since the Reform and Opening Up
1.2 Improvement of Doing Business Environment
1.3 Integration into International Economy
1.4 Urbanization， Saving， and Consumption
1.5 Regional Development
1.6 Development of Digital Economy
1.7 Pathway Toward Green Growth
1.8 Long-Term Development Plans
1.9 New Development Philosophy and High-Quality Development
References
Chapter 2 State-Owned Enterprises in China
2.1 Efficiency Problems of Chinese SOEs
2.2 Historical SOE Reforms at a Gradual Pace
2.3 Ongoing SOE Reforms and Priority Areas
2.4 SOE Regulatory System
2.5 SOE Performance and Functions
References
Chapter 3 Private Sector in China
3.1 Policy Evolution of Private Sector
3.2 Role of Private Firms in the Chinese Economy
3.3 Role of Private Firms in the Global Economy
3.4 Challenges and the Way Forward
References
Chapter 4 Foreign Business in China: Market Access
and Entry Mode
4.1 Foreign Investment Industries: Encouraged， Restricted， and Prohibited
4.2 Negative List Management
4.3 Encouraged Industries for Foreign Investment
4.4 Foreign Investment Law of the PRC
4.5 Business Registration Reforms
4.6 Typical Entry Modes of Foreign Investors
References
Chapter 5 Foreign Business in China: Human Resources
and Marketing
5.1 Employment Regulations
5.2 Talent Attraction， Training， and Retention
5.3 Marketing Concept Evolution and the Rising Middle-Income Group
5.4 Digital Marketing Strategies
References
Chapter 6 Foreign Business in China: Intellectual
Property and Technology Transfer
6.1 Common Types of Intellectual Property
6.2 International Intellectual Property Protection
6.3 China’s Intellectual Property Protection
6.4 Technology Transfer in China
6.5 China’s Innovation: Features and Performance
References
Chapter 7 China’s Financial System
7.1 RMB Internationalization
7.2 Banking and Intermediation Sector
7.3 Financial Markets
7.4 Shadow Banking Sector
7.5 Internet Finance and Regulations
References
Chapter 8 China’s Tax System
8.1 Main Taxes in the Modern Tax System
8.2 Major Tax Reforms in the 21st Century
8.3 Tax Sharing System Between the Central and Local Governments
8.4 Fight Against Tax Evasion and International Cooperation
References
Chapter 9 China’s Social Security System
9.1 Social Security System in the Central Planning Period
9.2 Modern Pension System
9.3 Modern Medical Insurance
9.4 Unemployment Insurance and Other Social Insurances
9.5 Social Security Mobility
9.6 Social Assistance Programs and Anti-Poverty
References
Chapter 10 China’s Regional Development
10.1 Evolution of China’s Regional Disparities
10.2 Western Development Strategy
10.3 Northeast China Revitalization Strategy
10.4 Rise of Central China Strategy
10.5 Development of Regional Cluster Economy
10.6 Closing the Gap Between Urban and Rural Areas
References
Chapter 11 China’s Green Growth
11.1 China’s Role as the Global Leading Manufacturer
11.2 China’s Environmental Performance and Green GDP
11.3 China’s Environmental Policies
11.4 China’s Path Toward Carbon Neutrality and International Cooperation
References
Chapter 12 China and the World
12.1 China’s Accession to the WTO
12.2 China’s Free Trade Agreements
12.3 Belt and Road Initiative
12.4 US-China Trade Frictions
12.5 China’s Position in Global Value Chains: Upgrading and Prospects
References
Appendix
內容試閱：
Foreword
This book presents a holistic overview of China’s economic and business system. It comprises 12 chapters covering China’s state-owned enterprise reforms， private sector development， market access for foreign investment， human resources and marketing strategies， intellectual property protection and technology transfer， financial system， tax regimes， social security， regional development， green growth， and opening up practices.
The book is primarily based on the lecture notes for the course on China’s economic and business system at University of International Business and Economics. For over two decades， I have taught this course to international graduate students. In 2019， my colleague， Zhao Jing， joined me in delivering this course. When preparing the teaching materials， we found that there were few English books that introduced China’s economic and business system in a thorough， impartial， and up-to-date way. However， China’s economic and business system is broad， complex， and constantly changing. It is imperative to integrate and consolidate all the available information to gain a comprehensive understanding. More importantly， China’s modernization possesses unique characteristics. It is by no means a mere copy of Western experience， and numerous phenomena in China cannot be accounted for by Western theories. Consequently， when analyzing China’s economic and business system from a Western perspective， the existing literature often reveals biases or prejudices. Moreover， China is one of the fastest global reformers， necessitating the continuous updates of the latest developments.
Therefore， we decided to write this book， providing key facts， policy overviews， and relevant discussions and analyses from both historical and current perspectives， and covering various fields in China’s economic and business system. The book reviews a large number of policy documents and research literature， and compiles data from multiple sources including international organizations， National Bureau of Statistics of China， and commercial databases. We strive to provide a wide-ranging， insightful， and unbiased introduction to China’s economic and business system.
We initiated the writing in 2020 and have refined the manuscript over four years. The content has been persistently updated to reflect the dynamic and ever-evolving nature of China’s development. We thank the editors at Foreign Language Teaching and Research Press for their support. We hope the book will help international students， foreign entrepreneurs， and global professionals， to better understand China’s economic and business system.
Zhao Zhongxiu
President， Professor
University of International Business and Economics
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