Seeking New Power to Reform: A Breakout Collection

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Reform has long been a consensus in China, but after decades of rapid growth, there still remain numerous intractable barriers and institutional constrains to solve, and new problems are continuously emerging out, all these hinder the implementation of China’s deepening reform. How can China breakout those encirclements? This book is a collection of the author’s series articles which concluded China’s experience of social and economic reform and proposed that new momentum is needed for overall deepening of reform. Based on his years research on the real-world economics in rural land reform, state-owned enterprises reform, urbanization and urban governance, technology innovation and industrial upgrading, the author introduces the concepts of state and market, firm and law, property right and contracts, transaction cost and system cost, comparative advantage and competitive advantage etc. Whether the momentum of reform can penetrate multiple levels of complex networks, from top to grassroots, and local to central, is a decisive factor in China’s deepening reform. This penetrating power has the connotation of the comprehensive decision making, technological innovation, and optimism in the face of uncertainty. Reform seeks to break, while innovation seeks to create. The future is better than you think.