China's domestic transformation in a global context / Ligang Song, Ross Garnaut, Cai Fang and Lauren Johnston (eds).

Contributor(s):

Material type: Text

text

Media type:

computer

Carrier type:

online resource

ISBN:

9781925022698
1925022692
9781925022681
1925022684

Subject(s): Genre/Form:

Additional physical formats: Print version:: China's domestic transformation in a global context.DDC classification:

330.95106 23

LOC classification:

HC427.95 .C4446 2015eb
HC427 .C45 2015eb

Online resources:

EBSCOhost

Contents:

Domestic transformation in the global context / Ross Garnaut, Ligang Song, Cai Fang and Lauren Johnston -- Part I. Domestic transformation and structural change -- The new model of growth and the global resources economy / Ross Garnaut -- A compelling case for Chinese monetary easing / Guonan Ma -- Consequences of China's opening to foreign banks / Ran Li, Xiang Li, Wen Lei and Yiping Huang -- Destination consumption : enabling migrants' propensity to consume / Meiyan Wang and Cai Fang -- National energy market integration : a study of energy price convergence in China / Qing King Guo, Chi Keung Marco Lau, Kunwang Li and Ligang Song -- China's gas market liberalisation : the impact on China-Australia gas trade / Xunpeng Shi and Hari Malamakkavu Padinjare Variam -- China's electricity sector : powering growth, keeping the lights on and prices down / Stephen Wilson, Yufeng Yang and Jane Kuang -- Part II. China's participation in global integration -- Financial integration and global interdependence / Rod Tyers -- Capital account liberalisation in China : reform sequence, risks and selective policy issues / Liqing Zhang and Qin Gou -- The offshore Renminbi market and Renminbi internationalisation / William Nixon, Eden Hatzi and Michelle Wright -- China's manufacturing performance and industrial competitiveness : upgrading international comparison and policy reflection / Kevin H. Zhang -- China becomes a capital exporter : trends and issues / Mei (Lisa) Wang, Zhen Qi and Jijing Zhang -- The impact of coastal FDI on inland economic growth in China / Chunlai Chen -- China's trade negotiation strategies : matters of growth and regional economic integration / Fan He and Xiaoming Pan -- Boom to cusp : prospecting the 'new normal' in China and Africa / Lauren Johnston -- The trend of China's foreign investment legal system : from the perspective of the China (Shanghai) Pilot Free Trade Zone / Gao Xiang and Huiqin Jiang.

Summary: The phrase 'New Normal' captures the ongoing shift in the pattern and drivers of China's economic growth. China's new growth rate is both slower and imposing difficult structural change. These new economic conditions are challenging yet offer opportunities for China and its economic partners. Reforms must be deepened but also make growth more inclusive and environmentally sustainable, over this decade and beyond. This year's Update offers both global context and domestic insight into this challenging new phase of China's domestic economic transformation. How are policymakers elevating migrant workers concurrent with increasing consumption? Is China's government spending enough on education and R and D to ensure it can achieve its aspirations to ascend the global manufacturing value chain and avoid the middle-income trap? Are energy market reforms reducing or increasing the price of gas and electricity in China? What are the consequences of China's financial reforms and expanding Renminbi trading for foreign banks? What does China's new growth model mean for the international resources economy and for Africa? Do SOEs face market conditions and are they dominating China's fast-rising outbound investment? What is China's strategy for navigating fragmented international trade policy negotiations?

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Includes bibliographical references and index.

The phrase 'New Normal' captures the ongoing shift in the pattern and drivers of China's economic growth. China's new growth rate is both slower and imposing difficult structural change. These new economic conditions are challenging yet offer opportunities for China and its economic partners. Reforms must be deepened but also make growth more inclusive and environmentally sustainable, over this decade and beyond. This year's Update offers both global context and domestic insight into this challenging new phase of China's domestic economic transformation. How are policymakers elevating migrant workers concurrent with increasing consumption? Is China's government spending enough on education and R and D to ensure it can achieve its aspirations to ascend the global manufacturing value chain and avoid the middle-income trap? Are energy market reforms reducing or increasing the price of gas and electricity in China? What are the consequences of China's financial reforms and expanding Renminbi trading for foreign banks? What does China's new growth model mean for the international resources economy and for Africa? Do SOEs face market conditions and are they dominating China's fast-rising outbound investment? What is China's strategy for navigating fragmented international trade policy negotiations?