Xinli Zheng China’s 40 Years of Economic Reform and Development How the Miracle Was Created China’s 40 Years of Economic Reform and Development Xinli Zheng China’s 40 Years of Economic Reform and Development How the Miracle Was Created 123 Xinli Zheng China Center for International Economic Exchanges Beijing, China ISBN 978-981-13-2726-1 ISBN 978-981-13-2727-8 https://doi.org/10.1007/978-981-13-2727-8 (eBook) Jointly published with The Commercial Press, Ltd., Beijing, China The print edition is not for sale in China Mainland Customers from China Mainland please order the print book from: The Commercial Press, Ltd Library of Congress Control Number: 2018956271 © The Commercial Press, Ltd and Springer Nature Singapore Pte Ltd 2018 This work is subject to copyright All rights are reserved by the Publishers, whether the whole or part of the material is concerned, specifically the rights of translation, reprinting, reuse of illustrations, recitation, broadcasting, reproduction on microfilms 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the registered company Springer Nature Singapore Pte Ltd The registered company address is: 152 Beach Road, #21-01/04 Gateway East, Singapore 189721, Singapore Xinli Zheng Resume Xinli Zheng was born in a rural family on February 12, 1945, in Chuzhuang Village, Shangtun Township, Tanghe County, Henan Province In 1964, he graduated from Tanghe No Secondary School From 1964 to 1970, he studied in the Mining Department of the University of Science and Technology, formerly known as Beijing Steel and Iron Institute From 1970 to 1978, he worked at the Handan Metallurgical and Mining Headquarters, Hebei Province, where he worked as a worker, technician, theoretical teacher, deputy chief of the Theoretical Education Department, and deputy director of the Party Committee Office In 1978, he was admitted to the Graduate School at the Chinese Academy of Social Sciences, majoring in Industrial Economics, and obtained a master’s degree in economics in 1981 From 1981 to 1987, he worked in the Economic Section of the Research Office of the Secretariat of the Central Committee of the Communist Party of China and served as a researcher at the section level and deputy chief of the Economic Section From 1984 to 1986, he studied at the Training Department of the Party School of the CPC Central Committee for years From 1987 to 2000, he worked in the National Planning Commission He first served as deputy chief economist for the State Information Center for years and then worked in the Policy Research Office for 11 years He served as deputy director, director, deputy secretary-general, and spokesman From 2000 to 2010, he served as Deputy Director of the Policy Research Office of the CPC Central Committee From 2008 to 2013, he served as Deputy Director of the Committee for Economic Affairs of the Chinese People’s Political Consultative Conference In 2009, he assisted Mr Zeng Peiyan to establish the China Center for International Economic Exchanges From 2009 to 2015, he served as its executive vice chairman He was concurrently Chairman of the China Federation of Industrial Economics, Executive President of the China Association of Policy Science and Research, and Executive Vice Chairman of the China Urbanization Promotion Association In 2014, he was named one of China’s top ten economists for 2013 vii viii Resume Xinli Zheng’s Handwriting Resume ix In April 1998, Xinli Zheng wrote “Ensuring Percent Economic Growth This Year,” in which he proposed issuing government bonds to expand domestic demand At the time, Zeng Peiyan, Minister of the State Planning Commission, reported this to the Premier of the State Council This prompted the State Council to decide to issue 10-year bonds worth 100 billion yuan each year for five consecutive years to fund infrastructure construction, such as transportation and communications, successfully turning the challenges posed by the Asian financial crisis into opportunities, supporting current economic growth and laying a solid foundation for the rapid economic growth over the next decade x Resume In April 2013, Xinli Zheng wrote “Suggestions on Building an Asian Infrastructure Investment and Financing Institution Led by China.” Zeng Peiyan, Chairman of the China Center for International Economic Exchanges, reported these suggestions to General Secretary Xi Jinping and Premier Li Keqiang, and they fully affirmed them In October of the same year, President Xi Jinping announced the proposal for establishing the Asian Infrastructure Investment Bank in Indonesia In December 2015, the AIIB was formally established Some foreign commentators believe that this is China’s wisest proposal, making China a major actor on the global financial stage Theoretical Breakthroughs in China’s Economic Reform The Chinese economy has made tremendous progress in the past 40 years, mainly thanks to successful reform efforts, which themselves are the result of theoretical breakthroughs and the development of new systems What have been the main breakthroughs in economic theory? What shifts in understanding have occurred? And which new systems have been established? These are questions of widespread interest in China and abroad, and they are answered broadly in the following six points China is still in the primary stage of socialism and will remain so for a considerable time in the future: China established socialism on the foundations of a backward agrarian economy Before the policy of reform and opening up was introduced, the economic system and policies we implemented exceeded the stage of development of our productive forces It was believed that high levels of public ownership and even distribution of wealth were the best approaches But they hindered the economy They made us realize that we are still in the primary stage of socialism and that we need systems and policies compatible with the development level of our productive forces With this in mind, we were able to take bold measures to establish new systems and policies conducive to developing the productive forces in the course of reform Building a socialist market economy: Prior to reform, we had a planned economy Practice proved that the system hampered the development of the productive forces For 40 years, we have adhered to market-oriented reforms, and we have constantly sought to inject economic development with new vitality, as evidenced by the transition from allowing the market to play a basic role in allocating resources to allowing it to play the decisive role in their allocation Meanwhile, considerable attention has been given to improving and making best use of the government’s guidance and managerial role These two approaches are organically linked and have formed a dynamic and balanced mechanism for economic development and promoted healthy and rapid development of the economy xi 438 Appendix Accelerating the Strategic Adjustment of the Economic Structure Policy and Strategy Are Vital to the Communist Party of China A New Leg of the Journey and New Achievements in the Future: Gaining a Better Understanding of the Recommendations for the 13th Five-Year Plan for Economic and Social Development Adopted at the Fifth Plenary Session of the 15th CPC Central Committee Seizing the Historic Opportunity and Accelerating National Rejuvenation Hubei Province Will Enter a New Period of Rapid Development Vehicles Facilitate Transport and Energize Cities Principal Targets of Social and Economic Development for the Next Five Years The Brand-Name Strategy Is the Path to Prosperity Boosting the Development of E-Commerce Researching the Formulation and Implementation of Economic Policies Guidelines and Characteristics of the Outline of the 10th Five-Year Plan Upholding Development as the Theme Attracting Investment and Accelerating Development in Western China Developing Famous Brands and Strengthening International Competitiveness Opportunities and Challenges for Progressing by Leaps and Bounds Increasing Investment Returns and the Investment Attractiveness of Western China Problems to Be Studied in China’s Current Rural Economic Development Situation Seizing the Opportunities and Proactively Confronting the Challenges of Globalization Looking at the Transformation of Rural Township Enterprises in Southern Jiangsu Province Based on the Market Performance of Jiangyin-Based Listed Companies Trend and Approach of China’s Industrial Upgrading amid Globalization How Surrounding Areas Can Be Integrated into Beijing’s Circle of Development: Answers to Questions of Reporters with Farmers’ Daily Sustainable Development Is the Sure Way to Grow Enterprises Volume X (2002–2005) The Only Path to China’s Rapid Agricultural Development and Industrialization Learning from Foreign Countries and Promoting Industrial Agriculture Problems to Be Studied and Solved in China’s Current Macro Regulations Gaining a Better Understanding of the Functions of Taxation Implementing the Strategy of Exchanging Labor for Land, and Developing the Foreign Trade of Agricultural Products Keeping the Birth of the 10-Thousand-Ton Metal Extrusion Machine in Perspective When Looking at China’s Capacity for Equipment Manufacturing Seizing the Opportunity, Going Global, and Developing Township and Village Enterprises An Analysis of the Economy in the First Half of 2002 and Advice for Macro Regulatory Measures Principal Breakthrough in Realization of Public Ownership: Investigation of the Public-Sector of the Economy and Development of Zhejiang Province Appendix 439 Securing Food Quality and Safety Is the Current Top Priority Prospects for China’s Economy by 2020 Problems and Measures in the Development of China’s New Rural Cooperative Economic Organizations Revitalizing Liaoning Province in Accelerating the Development of Strategic Industries The Law of the People’s Republic of China on Land Contract in Rural Areas Provides Legal Safeguards for Social Stability and Rural Development Economic Theory Cannot Lag behind Practice Policy Is Vital for China’s Prosperity Improving the Organization and Operation of Agricultural Industrialization China’s Macroeconomic Situation and Prospects Development Entails New Thought Relying on Regional Advantages and Strengthening Cities’ Economic Prowess Increasing the Revenue of Farmers of Principal Agricultural Products Is the Key to Solving the New Challenges Facing Agriculture, Countryside, and Farmers Developing the Wheat Economy Zhejiang Province’s Answer to the Issue of Agriculture Suggestions on the Reform of Shanxi Coal Transportation and Sales Group Creating an Investment and Development Environment for the Building of Global Cities Urbanization Cannot Lag behind Industrialization Accelerating Reform, Adjusting the Economic Structure, Expanding Consumption, and Pursuing Coordinated Development: An Analysis of Economic Trends in 2003 and Suggestions for 2004 Developing the Capital Market Is the Priority to Improve the Market System Improving the Guidelines of the Socialist Market Economy: Gaining a Better Understanding of the Decision on Issues concerning Improving the Socialist Market Economy adopted at the Third Plenary Session of the 16th CPC Central Committee Increasing Vitality for the Development of the Economic Circle around Wuhan The Decision Is the Guideline for Promoting Reform: Answers to Reporter with the Study Times Deepening Reform of China’s Labor and Employment Systems The Mixed-Ownership Joint Stock System Is a Major Way to Realize Public Ownership Two Innovations of the Decision on Issues concerning Improving the Socialist Market Economy Adopted at the Third Plenary Session of the 16th CPC Central Committee A Historical Mission of the Top 100 Listed Chinese Companies Accelerating Reforms of State-Owned Enterprises Is the Key to the Revitalization of the Northeast Four Focuses of Macro Regulation in the Crucial Period Developing Intellectual Properties and Strengthening Core Competency of Enterprises 440 Appendix Accelerating Reform of State-Owned Enterprises Accelerating Social Sector Reforms What Resources Can Be Tapped to Achieve the Rise of the Central Region? Seizing the Opportunity of Opening Up and Accelerating the Development of Guangxi Province Opinions on the Benefit the People Project and Industrial Development of Northern Jiangsu Structural Problems Are More Harmful Than an Overheated Economy Distorted Economic Relationships to Be Reversed during the 11th Five-Year Plan Period Promoting Ways to Realize Public Ownership Five Principal Strategies for Energy Security Adjusting the Investment Structure for New Industrialization The Economy Is at Another Juncture Accelerating Rural Reform and Maintaining the Rapid Growth of Farmers’ Income Zhang Xiuji: An Entrepreneur Who Created the Glorious History of China’s Machinery Industry Exploring a New Path and Promoting New Development: Preface to Bringing Out the Inner Dynamism for Development in Rural Areas: Investigation of Longmen County Macro Regulation: Focusing on Structural Adjustment, and Transform the Growth Model Increasing Farmers’ Income Should Start from Improving Rural Labor Productivity Reviewing Experience, Increasing Investment, and Consolidating Achievements Thoughts on Questions about the Rise of the Central Region Current Economic Trends and Financial Regulations of China Replacing Heavy and Chemical Industrialization with New Industrialization Four Tasks for Economic Structural Adjustments Current Priorities for Technological Innovation Continuing to Explore Economic Principles and Sustain the Development Momentum over the Long Run A Look at Large-Scale Development in Western China within the New Strategic Framework Current Economic Situation and Principal Tasks in 2005 Key to the Transformation of the Economic Growth Model: Strengthening the Capacity for Innovation Volume XI (2003) China: Industrialization in the 21st Century (I) Chapter I A Historical Review of China’s Growth Model Chapter II Principal Tasks and Steps to Realize the Strategic Targets of Step Three Chapter III Accelerating the Transformation of the Economic Growth Model Appendix 441 Chapter IV Transforming Several Kinds of Relationships in the Economic Growth Model Chapter V Accelerating the Strategic Adjustments of the Economic Structure, Developing the Economy, and Improving Overall Quality Chapter VI Promoting Technological Progress and Innovation, and Accelerating Industrial and Technological Upgrading Chapter VII Raising the Level of Labor Quality and Fully Developing Human Resources Chapter VIII Accelerating the Structural Adjustments of Enterprises to Increase the Efficiency of Production Chapter IX Strengthening and Improving Enterprise Management, and Making the Management More Effective and Reasonable Chapter X Accelerating the Transformation of the Economic Growth Model, and Continuing to Strengthen the Capacity for Sustainable Development Chapter XI Transformation of China into a Knowledge-Based Economy Chapter XII Improving the Economic System and Market Mechanisms, and Promoting the Transformation of the Economic Growth Model Chapter XIII Developing an Open Economy and Promoting Economic Growth and Structural Adjustment as Part of Opening Up Chapter XIV Encouraging a Policy Environment that Facilitates the Transformation of the Growth Model Chapter XV Establishing an Indicator System to Facilitate the Transformation of the Growth Model Chapter XVI Prioritizing the Development of the Information Industry and Driving the Process of Industrialization Through IT Application Chapter XVII Consolidating and Strengthening Agriculture as the Basic Industry and Fully Developing the Rural Economy Chapter XVIII Speeding Up Rural Industrialization and Promoting Agricultural Modernization and the Whole Industrialization Process Chapter XIX Actively and Prudently Promoting Urbanization and Facilitating the Reasonable Concentration of Production Factors Volume XII (2006) China: Industrialization in the 21st Century (II) Chapter XX Cultivating and Consolidating Manufacturing Competitiveness, and Building a Powerful Pillar for the Economy Chapter XXI Energy Industry Chapter XXII Petrochemical Industry Chapter XXIII Steel Industry Chapter XXIV Auto Industry Chapter XXV Shipping Industry Chapter XXVI Machine Tool Industry 442 Appendix Chapter XXVII Transportation Industry Chapter XXVIII Construction Industry Chapter XXIX Building a Modern Circulation System Chapter XXX Comparing and Gaining a Better Understanding of Different Growth Models References Building a Harmonious Society: Long-Term Strategy for the Realization of National Security and Prosperity Sustainability of China’s Economic Growth What China Can Learn from the Saemaul Undong Movement of the Republic of Korea in Accelerating the Building of a New Countryside Innovation: The Key to Transforming the Growth Pattern Enterprises Must Fulfill Their Social Responsibilities: Speech at the International Forum on Harmonious Society and Corporate Social Responsibility Theory of Balanced and Sustainable Development is the Inheritance and Development of the Party’s Thought on Socialist Construction Accelerating the Economic Development of Counties and Building a New Socialist Countryside Action Guidelines for Transitioning Toward Balanced and Sustainable Development: Gaining a Better Understanding of the Recommendations for the 11th Five-Year Plan for Economic and Social Development Adopted at Fifth Plenary Session of the 16th CPC Central Committee Learning from the Republic of Korea and Promoting Coordinated Development between China’s Rural and Urban Areas Issues in Building a New Socialist Countryside Inspiration of the Saemaul Undong Movement of the Republic of Korea Stressing the Role of Consumption in Boosting Economic Growth Improving Rural Infrastructure Construction and Public Services as Soon as Possible Maintaining Robust and Rapid Economic Growth The Strategic Choice of Accelerating Rural Development The Power That Drives Economic and Social Development A Masterpiece of the Study of China’s Fiscal Policies Improving Public Services is the Top Priority: Speech at the International Seminar on Reform of Government Administration Kunshan’s Experience in Taking the Lead to Build a Moderately Prosperous Society in All Respects: Summary of the Speech at the Seminar on the Theories and Practices of Kunshan’s Experience in Building a Moderately Prosperous Society in All Respects Preface to Accelerating the Building of a Moderately Prosperous Society in All Respects in Rural Areas: Chengyang’s Experience and Its Inspiration An Analysis of the Progress of China’s Work to Build a Moderately Prosperous Society in All Respects in Rural Areas Appendix 443 Volume XIII (2006–2009) Development: Precondition for a Harmonious Society Promoting the Building of New Socialist Countryside, and Accelerating the Building of a Moderately Prosperous Society in All Respects in Rural Areas Fully Deepening Rural Reform and Promoting the Building of a New Socialist Countryside The Netherlands Way to Reverse the Agricultural Trade Deficit Taking Ecological Civilization as a Starting Point for Making Breakthroughs, and Accelerating the Building of a New Socialist Countryside: Speech at Hainan at the Seminar on the Building of a New Socialist Countryside and Eco-Friendly Village Placing a High Premium on Establishing Security Measures for Industrial Security Focusing on New Trends in Mergers and Acquisitions of Foreign Assets Supply and Demand Trends of China’s Energy Sector for the Next 15 Years and Relevant Measures: Speech at the 12th China-France High-Level Economic and Financial Dialogue Improving the Capacity for Innovation and Strengthening the Competitiveness of Enterprises Industrialization and Urbanization Strategies to Boost the Development of Guangxi Province Upholding All-Around, Balanced, and Coordinated Development to Build a Harmonious Society: Gaining a Better Understanding of the Decision on Issues concerning Improving the Socialist Market Economy Adopted at the Sixth Plenary Session of the 16th CPC Central Committee Great Strategic Policies That Ensure National Security and Common Prosperity: Gaining a Better Understanding of the Decision on Issues concerning Improving the Socialist Market Economy Adopted at the Sixth Plenary Session of the 16th CPC Central Committee Boosting Common Development in Regions Opening Up of China’s Financial Market and Risk Prevention Methods Boosting the Development of the Auto Industry through Innovation Development Trends in China’s Rural Areas for the Next Five Years Accelerating the Circulation of Production Factors and Developing the Yangtze River Economic Belt: Speech at the Forum on Productivity Development in the Yangtze River Economic Belt Held in Nanjing in 2006 An Analysis of the Progress of China’s Work to Build a Moderately Prosperous Society in All Respects in Rural Areas An Analysis and Predictions of China’s Macro Economy for the Next 15 Years Maintaining the Momentum of Robust and Rapid Economic Growth The Prospect: The Path Directed by Quality in 2007: Policy Orientation of Macro Regulation Development Trends in China’s Manufacturing Industry amid Economic Globalization Communicating with the Public on the Internet with Mainstream Voices in China 444 Appendix Multiple Approaches to Greater Innovation Capacity Developing the Financial Industry: Principal Tasks for China’s Economic Development in the Current Period: Speech at the 11th China Capital Market Forum New Ideas and Opportunities for Cooperation with Transnational Companies How to Build China’s Own Brands: Speech at the Opening Ceremony of the 2006 Forum of National Leading Brand Enterprises Social Harmony Is the Basic Requirement for Socialism with Chinese Characteristics Deepening Reform Focusing All Resources to Rejuvenate the Equipment Manufacturing Industry Deepening Financial Reforms and Promoting Financial Industry Security The Theory of Balanced and Sustainable Development Is the Principal Strategic Thought to Develop Socialism with Chinese Characteristics Launching the Growth Enterprise Market and Supporting Technological Innovation and Entrepreneurship Development Trends in China’s Economy after the 17th CPC National Congress Changes and Strategic Decision of China’s Economic Growth: Speech at the Forum on Economic Situation and Macro Regulations Held in Beijing Raising Chinese Residents’ Consumption Rate Is the Principal Task of Macro Regulations Finding the Right Starting Point for Financial System Reform Improving People’s Wellbeing, Confronting Challenges, and Tackling Difficult Problems: An Interpretation of Decision of the CPC Central Committee on Some Principal Issues concerning Building a Harmonious Socialist Society Innovation is the Centerpiece of the National Development Strategy Realizing the Sound and Rapid Development of the Economy: Gaining a Better Understanding of the Political Report to the 17th CPC National Congress Focusing on Improving People’s Lives, and Creating a Better Life for the Chinese People Establishing the Income Distribution System that Embodies Social Equity: Gaining a Better Understanding the Political Report to the 17th CPC National Congress Building an Country of Innovators through the Growth Enterprise Market: Speech at the 6th Forum on Finance for Small and Medium-Sized Enterprises A Masterpiece of the Study of the Strategies for China’s Economic Development Improving the Modern Financial System and Preventing and Coping with Financial Risks Rejuvenating the Domestic Equipment Manufacturing Industry Entails the Support of the Three Principal Policies Three Tasks for Ensuring Rapid Economic Growth for the Next Five Years The Direction that Must Be Upheld to Promote the Development of China’s Economic and Social Development Strengthen Agricultural Infrastructure and Promote a Moderately Prosperous Society in All Respects in Rural Areas Three Focuses on Fully Deepening the Reform Appendix 445 New Opportunity for Deepening Administrative Reform Further Improving the Basic Rural Management System: Speech at the Seminar on China’s Rural Reform and Development Realizing Agricultural Modernization in the Processes of Industrialization, Urbanization, IT Application, and Globalization A Dramatic Economic Downturn Is Not a Risk Yet Short-Term and Long-Term Measures to Curb Inflation Now Is the Time to Make Development of the Liaoning Coastal Economic Zone a National Strategy Commodity Prices, Structures, and Speed of Trade Accelerating the Transformation and Upgrading of the Development of State-Owned Enterprises: Speech at the Seminar on the Promotion of Reform and Innovation of Sinotruck Group Realizing Robust and Rapid Development While Curbing Inflation Promoting Rural Reform through the Establishment of the Six Systems Establishing the Sanxia Logistics Center to Facilitate Coordinated Regional Development Pushing Rural Reform to a New Stage of Institutional Development Human Resources Are a Core National Resource Stabilizing and Improving the Basic Rural Management System: Implementing the Decision Adopted at the Third Plenary Session of the 17th CPC Central Committee Establishing a System for the Integrated Development of the Economy and Society of Urban and Rural Areas The Theory of Balanced and Sustainable Development: The Latest Socialist Theory with Chinese Characteristics: A Review of the Book Titled Introducing Theory of Balanced and Sustainable Development Top Priority: Ensuring Robust and Rapid Economic Development Striving to Reverse the Decline of Economic Growth Volume XIV (2009–2011) Developing Cultural and Creative Industries Is a Principal Task A Distinctive Textbook on Industrial Economics: A Review of Industrial Economics (Third Edition) The Five Abolishments and Five Establishments of an Economic System That Has Significantly Emancipated the Productive Forces Removing Institutional Impediments, and Tapping the Energy of Urban-Rural Integration Strengthening the Pull Effect of Consumption on Economic Development Huawei: The Secret to Its Success Understanding the Government-Market Relationship in Response to the Global Financial Crisis Transforming the Development Pattern Is the Fundamental Approach for Dealing with the Crisis Six Questions for China’s Top Think Tanks 446 Appendix Strengthening the Reform and Opening Up Initiative, and Raising the Awareness of Balanced and Sustainable Development A Masterpiece Explaining China’s Grain Market: A Review of Development Report on China’s Grain Market in 2009 The 1st Global Think Tank Summit: Beijing Initiative Solutions Are Always More Than the Relevant Problems: Speech at the 1st Global Think Tank Summit Qingdao Port Has Its Own Traditions and Advantages, Which Cannot Be Borrowed by Foreign Enterprises Implementing the Policy of Expanding Domestic Demand: Speech at the 1st China Center for International Economic Exchanges (CCIEE) “Monthly Economic Talk” on July 16, 2009 Expanding Domestic Demand Is the Fundamental Measure to Offset Export Decline: Answers to Questions of Reporters at the 1st China Center for International Economic Exchanges (CCIEE) “Monthly Economic Talk” on July 16, 2009 Principal Achievements of the 1st Global Think Tank Summit Taking Measures to Increase the Share of Resident Income in GDP Exploring the Path of Urban-Rural Integration: Preface to Zhucheng Practice of Urban-Rural Integration at the County Level Speech at Northeast Asia Forest Ecosystem Conservation Forum (Yichun) Promoting the Full Employment of Rural Labor Is the Fundamental Way to Narrow the Urban-Rural Gap Promoting Harmony in East Asia through the Integration of Markets in China, Japan, and the Republic of Korea: Speech at the Seminar on the Pathway for Regional Economic Integration in East Asia in Tokyo Transformation and Upgrading: Building Livable and Beautiful Cities: Summary of the Speech at the 2009 Happy Jiangyin Forum (Beijing) Current Economic Trends and the Orientation of Macro Regulatory Policies in 2010: Opening Speech at the 15th Annual Meeting of the Chinese Association of Productivity Science (CAPS) and Seminar of Chinese Fellows of the World Academy of Productivity Science (WAPS) The Party’s Economic Development Strategies in the New Stage Enhancing the Role of Consumption in Boosting Economic Growth Modernization of China Entails Three Transformations Promoting Economic Growth by Improving People’s Livelihood China’s Economic Miracles in the Past Six Decades Reforming and Innovating the Social Management System Is the Top Priority of Economic Work This Year An Analysis of China’s Economy in 2009 and Prospects for 2010 A Review of the Response to the Global Financial Crisis and Future Prospects: An Analysis of China’s Economy and Macro Regulatory Policies in 2009 Innovation Is Central to Realizing Industrial Upgrading Why Can the Revenue from the Transfer of Land-Use Rights Reach Trillions of Yuan? Appendix 447 Promoting the Transformation of the Development Model through Technology Exemplars for Progressing by Leaps and Bounds: Preface to Research of the Inner Mongolia Phenomenon: Strive to Take the Lead Strengthening Awareness, Initiative, and Creativity to Transform the Economic Development Model: A Review of the Study of the Transformation of Economic Development Model Quickly Increasing the Wealth of Principal Agricultural Producers Current Sensitive Issues of China’s Economic Development Ensuring Adequate Housing to Promote the Sound Development of China’s Real Estate Industry Economic Turnaround Momentum Is Strong, But Structural Upgrading Needs to Be Strengthened China’s Auto Industry Should Stand on the Shoulders of Giants to Seek Further Development Global Economic Changes Present Opportunities and Challenges for China’s Development Establishing a Growth Mechanism in Asia Suggestions for the Development Planning of the 12th Five-Year Plan Period in Henan Province Accelerating the Transformation of the Development Model: Promoting Robust and Rapid Economic Growth: An Analysis of the Economy in the First Half of 2010 and the Prospects for the Second Half Conservation in Distant Areas and Contracting in Near Places: The Practically of Yichun’s Reform Model of State-Owned Forest Distribution: Speech at the Forum on the Reform of State-Owned Forest Tenure at the Fourth Anniversary of the Forest Tenure Pilot Reform Program of Yichun The Establishment of the China Center for International Economic Exchanges (CCIEE) as Part of the Exploration on Building New Think Tanks Establishing Leading Think Tanks: Speech at the Convention for the Establishment of the CCIEE Party Committee of the CPC New Opportunities for Cooperation: The Beibu Gulf Economic Zone Preventing Financial Risks in Common Development Projects Maintaining Rapid Economic Development While Stabilizing Commodity Prices The 11th Five-Year Plan: Translating Risks into Opportunities and Forge Ahead Preface to Cultural Construction and the National Soft Power Transformation of the Economic Development Model Is the Focus throughout the 12th Five-Year Plan Period Four Historic Missions for Chinese Enterprises: Speech at the 10th China Annual Management Summit Transforming the Economic Development Pattern Is an Urgent Strategic Task Translating Inflation Pressure into Impetus for Industrial Upgrading Enabling Emerging Economies to Play an Important Role in Driving Global Economic Recovery Difficulties, Cooperation, and Needs for the BRICS Countries 448 Appendix Transforming the Development Model and Accelerating the Development of Central China How State-Owned Enterprises Drive the Transformation of the Economic Development Model Strategic Transformation of the Economic Development Model for the 12th Five-Year Plan: Speech at the Second China-Europe High-Level Political Parties Forum Intangible Assets Should Also Be Taken into Consideration for SOE Assessments: Speech at the “Gold Prize Round Table” of Board of Directors of Chinese Listed Companies in May 2011 Improving Coordination of Economic Growth, Structural Adjustment and Commodity Prices The Power of Urban-Rural Integration Is Reflected in Post-Disaster Recovery Three Challenges for the Transformation of the Development Model of Private Enterprises Establishing Leading Think Tanks in Study, Communication, and Consultation: Speech at the Second Global Think Tank Summit Reform and Opening Up Is the Great Awakening of Members of the Communist Party of China The Mainstay That Successfully Dealt with the International Financial Crisis Three Transformations of the Development Model All Rely on Reform Transformation of the Development Model Is Key for Solving Current and Long-Term Problems Affecting Economic and Social Development Accelerating Development of the Logistics Industry Is the Strategic Priority for the Transformation of the Economic Development Model Three Problems with the Goals to Rebalance the Global Economy: Preface to Wages, Exchange Rates, and Trade Surplus Volume XV (2011–2014) The Double Targets of Curbing Inflation and Stabilizing Growth Facilitating Coordinated Agricultural Modernization, Industrialization and Urbanization China Is the Momentum behind the Global Economy Accelerating the Establishment of a New Urban-Rural Integration System Grasping the Opportunity of the Wi-Fi Era for Better Productivity Essay for the Inaugural Issue of the Journal of the Northeast Asia Studies Consolidating the Turning Point in Commodity Prices Keeping Making Progress in Reform Is the Key for China’s Path How Economists Should Make Contributions to Prolong the Period of Rapid Economic Growth Five Potential Outcomes for China’s Economic Growth New Tasks for Financial Reform Appendix 449 Strengthening Technological Innovation and Establishing Green Energy Bases: Speech at a Symposium on the Study of the Establishment of National Energy Base in Southern China by Guizhou Province Adhering to the Strong Engine of the Expedited Innovation Reforms Response to Major Natural Disasters and a Study of Food Security in China Strengthening Economic Cooperation with Other BRICS Countries Improving Livelihoods Is the Fundamental Purpose for the Transformation of the Economic Development Model Focusing on Changes in Trends in Adjustments of the World Economic Pattern Industrial Development Is the Way to Boost the Urban Economy A Principal Reform to Implement Is the Concept of Exercising State Power for the Benefit of the People Strengthening the Pull Effect of Demand on Economic Growth: Speech at a Symposium on the Economy in the First Half of 2012 held by the CPPCC Committee for Economic Affairs Prioritizing the Stabilization of Economic Growth The Institutional Safeguard for the Sustainable Development in Chins Innovation Promotes the Integration of IT Application and Industrialization Remarkable Achievements of Chinese Economic Theories SOEs Should Take the Lead in Innovation: Speech at the 27th China Center for International Economic Exchanges (CCIEE) “Monthly Economic Talk” on September 20, 2012 Improving Land-Use Concentration through IT Application and Industrialization: Speech at the Symposium on Economical and Intensive Utilization of Land and Resources Attracting Social Funds for Agricultural Modernization Four Principal Challenges for Doubling Residents’ Income Seizing the New Opportunity for Promoting the Transformation of the Economic Development Model Five Principal Opportunities for the Economic Development of China Focusing on Key Aspects of Financial Reforms Balancing the Government-Market Relationship Is Instrumental for Economic Structural Reform Opportunities Brought by the International Financial Crisis for China’s Economic Development Sparing No Effort in Promoting Innovation Raising the Bearing Capacity of County Towns for Industries and Population Setting Transformation of the Development Model as the Target for Reform Structural Reform and Adjustment Are the Approaches for the Target of Exploiting the Potential of Economic Growth Building Consensus on Reform by Changing the Growth Model Accelerating Agricultural Modernization Is the Inevitable Path for China to Become a High-Income Country Suggestions on Building an Asian Infrastructure Investment and Financing Institution Led by China 450 Appendix What China Should Learn from Germany Making Zhoushan the Gateway for China’s Pacific Economic Circle The Roadmap for the Reform of the Financial System Focusing on the Transformation of the Development Model to Deepen Reform Four Difficulties for Realizing the Target of Building a Moderately Prosperous Society in All Respects: Speech at the 2013 Annual Meeting of Board of Directors of the Chinese Association of Productivity Science (CAPS) and 2012 Seminar of Chinese Fellows of the World Academy of Productivity Science (WAPS) Emerging Economies Should Strengthen Resistance to Financial Risks Updating the Chinese Economy Should Be the Primary Measure to Stabilize Growth Prospects of Challenges and Cooperation for Emerging Economies Realizing Robust Growth in the Transformation of the Development Model Four Explorations and the Inspiration for Urban-Rural Integration My 13 Years on the National Planning Commission (1987–2000) Building an Updated Version of the Chinese Economy: Views and Measures for Upgrading the Chinese Economy Realizing Robust Growth by Expanding Domestic Demand and Adjusting the Economic Structure Four Challenges for Building an Updated Version of the Chinese Economy Responsibilities of the Chinese Auto Industry for the Next Decade Transformation of the Growth Model and Expansion of Domestic Demand Entails Robust Economic Growth Social Responsibilities of Enterprises: An Important Issue: Preface to Wang Tianren’s 30 Talks on Social Responsibilities of Enterprises Upholding the Target of Establishing the Socialist Market Economy Facts Prove that the Suggestions of the CPPCC Are Crucial The Exploration of New and Diverse Models of Urbanization Fully Grasping the Development Trends of China’s Economy Keeping Reform Oriented toward a Socialist Market Economy Boosting Effective Demand Sticking to New Urbanization with Chinese Characteristics Three Principal Breakthroughs in Realizing the Public Ownership of Rural Land The Decision Adopted at the Third Plenary Session of the 18th CPC Central Committee and the Future China Problems for Deepening Economic Reforms Stabilizing Economic Growth Focusing on the Right Starting Point for Promoting Economic Transformation and Upgrading Volume XVI (2014–2016) Exploring Building of New-Type Think Tanks with Chinese Characteristics Removing Administrative Obstacles and Reforming the Governance System Appendix 451 A New Urbanization: Difficulties in Counties and Breakthroughs in City-Industry Integration Accelerating the Development of the Huai River Economic Belt: An Important Strategic Step to Expand Domestic Demand Improvement and Development of the Public Ownership System for Rural Land Macro Regulation Should Transition from Aggregate Regulation to Structural Adjustment Driving the Transformation of the Industrial Development Model through Innovation Transforming the Traditional View of Development and Accelerating Economic Transformation and Upgrading: Dialogue between Executive Vice President Zheng Xinli and Professor Guan Yixin A Comparative Study of the Beijing Government’s Policy for Information and Technology Innovation Optimizing the Macro Regulatory Structure Learning from Foreign Countries, and Developing Agricultural Insurance: Speech at the 4th International Conference on Agricultural Insurance Developing a Value-Based Compensation System for Public Goods and the Modern Fiscal System Strengthening Macro regulation Capacity, and Accelerating Economic Transformation and Upgrading Asia Is in Urgent Need of a Uniform Credit Rating System Why Shenzhen’s Patent Application Leads the World Establishing an International Reserve Currency System with Checks and Balances Making Cooperatives the Main Force for Ensuring Food Safety Giving Play to New Development Engines through Reform and New Breakthroughs Deepening Reform of the Financial System and Supporting the Development of the Real Economy Reform of the Chinese Financial System and Its Influence on the International Currency System How the Central Government Plans and Coordinates Reforms in Various Sectors at All Levels: Speech at the Party and the World Dialogue 2014 Letting the Market Decide the Allocation of Financial Resources Exploring Methods for Realizing Public Rural Land Ownership Facilitating the Mortgages, Guarantees, and Transfers of Rural Housing Properties in a Robust and Prudent Manner Developing Outsourcing Service Models: An Important Approach to Solving the Employment Problem for College Students: Preface to Report on China Outsourcing Development Upholding Balanced and Sustainable Development: Fundamental Approach for Small and Medium Cities to Develop Focusing on Economic Reform and Tapping Growth Potential Further Reforms of State-Owned Enterprises The New Formal: New Understanding and Conclusion, Not a Package 452 Appendix Ensuring Robust Economic Growth Stabilizing Growth Is the Top Priority of This Year’s Economic Work Tourism: Current Stage of China’s Sunrise Industry Focusing on Rural Reform, Breaking Demand Bottlenecks The Key Is to Ensure the Balance between Stabilizing Growth and Adjusting the Economic Structure: Gaining a Better Understanding of and Implementing the Speech by Xi Jinping, General Secretary of the CPC Central Committee, at the Central Economic Work Conference China’s Overseas Investment Targets and Strategies Focusing on New Bright Spots and Opportunities in the New Normal New Conclusions on the Development Rules of China’s Industrial Economy: A Review of Industrial Economics (Fourth Edition) The Belt and Road Initiative Is the Principal Strategy to Improve the System for an Open Economy What Hubei Province Should Do to Improve Its Level of Marketization Accelerating Urban-Rural Integration to Build a Moderately Prosperous Society in All Aspects Placing a High Premium on Tacking Downward Pressure on the Economy Following the Historic Trend of Urban-Rural Integration: Preface to Walking between Urban and Rural Areas Placing a High Premium on Systemic Risks Incurred by Economic Downturn Building World-Famous Brands Is the Core to Building a Strong Nation Learning Patriotism and Persistence from the Life of Cheng Siwei Expediting Setting up an Economic System and Development Pattern Centered on Innovation Three Focuses in the Starting Year of the 13th Five-Year Plan Action Guide in the Decisive Stage in Completing a Moderately Prosperous Society in All Respects: Gaining a Better Understanding of the Recommendations Adopted at the Fifth Plenary Session of the 18th CPC Central Committee Solving the Problem of Overcapacity Entails Marxist Theories of Politics and Economics Figuring Out and Correcting the False Understanding of China’s Development, and Focusing on Structural Reform Promoting the Concept of Innovative, Coordinated, Green, Open and Shared Development Getting Rid of Misconceptions on the Deepening of SOE Reform China Has Great Potential to Join the Ranks of High-Income Countries Drawing upon the Experience and Lessons of the Netherlands and Japan to Accelerate Agricultural Modernization Conducting Targeted Poverty Alleviation to Realize a Moderately Prosperous Society in All Respects Shenzhen’s Efforts in Building High-Level and Innovative Universities ...China’s 40 Years of Economic Reform and Development Xinli Zheng China’s 40 Years of Economic Reform and Development How the Miracle Was Created 123 Xinli Zheng China Center for International Economic. .. of the economic systems of other countries The period since the 1980s has been the most active in terms of new economic theories and reform ideas since the founding of the People’s Republic of. .. of the reform and opening up policy, there are many successes worth mentioning How the Miracle Was Created: China’s 40 Years of Economic Reform and Development, the Chinese version of which is