Rural Development in China: The Rise of Innovative Institutions and Markets

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The book explores China’s rural development path from two angles: institutional innovations and the market. Looking at China’s pace of socio-economic development as a key factor in modernization, author Lu Yilong discusses institutional drawbacks and demands to determine the specific issues of China’s rural market. Using China’s unique Three rurals concept (agriculture, rural areas and farmers) as its foundation, the book offers suggestions on how to stimulate rural socio-economic growth and lead China down a path to future economic success.