By Rongxing Guo
This accomplished evaluate of the fashionable chinese language economic climate by way of a famous specialist from China bargains a top quality and breadth of assurance. during this booklet, the writer presents an creation to China's financial system because 1949 and unique insights in line with his personal broad learn. The booklet units out to research and examine the operational mechanisms of the chinese language economic system among the pre- and post-reform classes and during nationwide, nearby and native dimensions. either optimistic and unfavorable outcomes of the chinese language financial transformation were clarified. A multiregional comparability of the chinese language financial system is carried out when it comes to usual and human assets, institutional evolution, in addition to financial and social performances. ultimately, a few key matters when it comes to the inherent operational mechanisms of and the dynamic styles of the chinese language economic climate also are mentioned.
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Additional info for An Introduction to the Chinese Economy: The Driving Forces Behind Modern Day China
6 percent of the land area). 6 percent of the land area). 0 percent of the land area). 2). 2 The Eastern, Central, and Western belts the earlier introduction of economic reform and opening up to the outside world. Even though China’s economic divergence has not been as large within the inland area as it has between the inland and coastal areas, there are still some plausible reasons to explain why the inland area needs to be further divided into smaller geographical units. As the western part of the inland area has less-developed social and eco nomic infrastructures than the eastern part, China’s inland area can be further divided into two sections—the Central belt, which is next to the coastal area (here it is referred as the Eastern belt), and the Western belt.
Water shortage has become a major economic bottleneck to these areas. China is plagued with unevenly distributed water and land resources: more water vis-a-vis less land in southern China and less water vis-a-vis more land in northern China. North China accounts for over one-third of the country’s total population, nearly one half of cultivated land, but only one-eighth of the total water resources. Over 80 percent direct water runoff in China takes place in the south. The Haihe and Yellow river valleys have been stricken by chronic drought.
Given the existence of surface water surplus in southern China and a freshwater shortage in northern China, is it feasible to transfer water from the water-rich south to the north? A water transfer project had been discussed for more than two decades before it was started on December 27, 2002. The South-North Water Diversion project involves the construction of three canals running 1,300 kilometers across the eastern, middle, and western parts of China, linking the country’s four major rivers—the Yangtze, Yellow, Huaihe, and Haihe rivers.
An Introduction to the Chinese Economy: The Driving Forces Behind Modern Day China by Rongxing Guo