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Enrich Professional Publishing EYE ON NEW CHINA

Winter 2016 / Spring 2017


Enrich Professional Publishing Winter 2016/Spring 2017

CONTENTS

About Enrich Professional Publishing Enrich Professional Publishing (EPP) specializes in academic and reference works on the economic and financial changes taking place in China and across Asia. By partnering with universities in China and Hong Kong, as well as commissioning original titles from regional experts, EPP has become the leading publisher to translate and publish the work of these prominent Chinese scholars for a global audience. With an impressive publishing output of over 20 new titles every year, our books are invaluable references for anyone whose interest and work revolves around the New China phenomenon.

Highlights from the 2016-2017 Collection

4 Banking 10 Economic Development and Reform 24 Finance 28 Green Economy 32 Innovation 33 International Economics 42 Law 44 Macroeconomics 46 Monetary Policy 51 Property 52 Public Finance 53 Reference 54 Regional Economics 55 Rural Development 56 Taxation

59 Art 60 Cultural Studies 62 History 76 Literature 77 Philosophy

80 81

Distributors & Suppliers Order Form

Publish with EPP We are actively seeking new manuscript proposals in English in the areas of economics and finance as it pertains to China and the greater Asia region. We are also open to manuscripts in the humanities, specifically, the art, culture and literature of China. Please see our resources for authors link on our website for manuscript submission information. You are welcome to direct queries to info.epp@enrichculture.com

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Banking

Banking The Capital Market in China A 60-Year Review Erjie Cao (Tsinghua University )

How will China’s latest series of reforms affect the country’s growing capital market? The Capital Market in China: A 60-Year Review, in 3 volumes, serves as the definitive resource on understanding and navigating China’s capital market. Both a history and a guide, the 3 volumes of this set explain the methods of state investment and intervention in China, the development of asset-backed securities, and the substantial differences and striking similarities between the capital markets in China and the West.

Volume 2: Chapter 8 Chapter 9 Chapter 10 Chapter 11 Chapter 12 Chapter 13

The Non-Public Sector: Indefinite Vitality The Use of Foreign Capital and Dual Transformation Knowledge Economy and Human Capital from the Perspective of Venture Capital Capitalization and Corporate Equity and Debt Financing Creative Destruction: Mergers and Acquisitions Mutual Funds: An Alternative to Bank Loans

The Capital Market in China: A 60-Year Review offers a frank assessment of the state of the industry and: • Explains the methods of asset depreciation and fixed-asset upgrading in China • Examines corporate mergers and acquisitions in China • Reveals the progression of China’s venture capital funds • Illustrates equity and bond financing in China • Details shareholding reform and enterprise asset restructuring in China • Provides real examples of how the capital market works in China.

Volume 3: Chapter 14 Chapter 15 Chapter 16 Chapter 17 Chapter 18 Chapter 19

Asset Securitization: A Treasury of Investment Banks Futures Markets The Investment Banking Mentality and Capital Operation at Investment Banks Time-Space Compression Leads to the Urban Era: Capital Accumulation and the Urban Economy Financial Globalization: Opportunities and Challenges for the Renminbi as a Global Currency Socialist Workers and Capital

TABLE OF CONTENTS

ABOUT THE AUTHOR

Cao Erjie, banking industry expert and former Investment Investigator at China Construction Bank, shares inside information and firsthand insights on the creation and evolution of the capital market in China.

3-Volume Set July 2014 | 776 pages | US$308 | Hardback Cloth: 978-1-62320-005-3 eBook: 978-1-62320-060-2 (PDF)

Volume 1

4

September 2013 | 256 pages | 7 x 10 | US$108 | Hardback Cloth: 978-1-62320-002-2 eBook: 978-1-62320-047-3 (PDF)

Volume 2 December 2013 | 264 pages | 7 x 10 | US$108 | Hardback Cloth: 978-1-62320-003﹣9 eBook: 978-1-62320-053﹣4 (PDF)

Volume 3 July 2014 | 256 pages | 7 x 10 | US$108 | Hardback Cloth: 978-1-62320-004﹣6 eBook: 978-1-62320-059﹣6 (PDF)

Volume 1: Chapter 1 How Capital Is Formed: The Mechanism of Capital Formation and the History of Capital Expansion and Innovation Chapter 2 Capital Is Not Only a Product of a Capitalist Society Chapter 3 Joint-Stock System: From Socialized Mass Production to Capital Socialization Chapter 4 State Investment, State Intervention, Nationalization, and Privatization: Innovation of the Capital Formation Mechanism by China’s State-Owned Economy Chapter 5 A Depreciation Fund as a Ready Accumulation Fund for Expanded Reproduction Chapter 6 Financial Leasing Chapter 7 Reorganization and Debt-For-Equity Swaps of Distressed Enterprises

Erjie Cao was the Head of the Investment Investigation Department of China Construction Bank and General Manager of China National Investment & Consulting Company. He is also a Professor at the School of Economics and Management, Tsinghua University. His other major publications include Research and Future Development of China's Securities Market (1994), Management of China's Fixed Asset Investment, and A 40-Year Review of China Construction Bank.

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Banking

Banking Inside China’s Shadow Banking The Next Subprime Crisis? Joe Zhang (Chairman, China Smartpay)

Amazon #1 Bestseller in Bank & Banking section

ABOUT THE AUTHOR

Within shadow banking, China’s microcredit industry is an area of tremendous interest for most business analysts. In this book, Joe Zhang pinpoints the areas of concern based on his experience in the field and his knowledge of the complicated rules and regulations of banking in China gathered during his years as an official of the central People’s Bank of China in Beijing.

Joe Zhang is chairman of China Smartpay based in Hong Kong. He is the author of the bestseller Inside China’s Shadow Banking: The Next Subprime Crisis and Party Man, Company Man: Is China’s State Capitalism Doomed? published by Enrich Professional Publishing.

“This is an informed, clearly written and timely look at China's financial system by a real player in the system itself.” -- James McGregor, author of "No Ancient Wisdom, No Followers: The Challenges of Chinese Authoritarian Capitalism"

BESTSELLER May 2013 | 176 pages | US$33 | Hardback Cloth: 978-1-62320-016-9 eBook: 978-1-62320-044-2 (PDF)

Zhang was Chairman of Wansui Micro Credit Company in Guangzhou, China, from 2011 to 2012. The Microcredit Association of China named him “Microcredit Person of the Year” in January 2012. Before starting his own business, Zhang worked at The People's Bank of China and investment banks. Zhang was chief operating officer of Shenzhen Investment (604 HK) between 2006-2008. He worked 11 years at UBS as a banker and head of China Research. Prior to this, Mr. Zhang worked at the People’s Bank of China between 1986 and 1989. In the past two decades, Joe's numerous articles have appeared in The New York Times, The Wall Street Journal, Financial Times, Bloomberg and South China Morning Post. Zhang obtained a master’s degree in economics from The Australian National University in 1991.

“Joe Zhang has impeccable timing. The former investment banker’s book about running a small Chinese microcredit firm, “Inside China’s Shadow Banking”, has hit shelves just as concerns about the country’s runaway credit boom are capturing global headlines.” --Peter Thal Larsen, Thomson Reuters

TABLE OF CONTENTS 6

Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10 Chapter 11 Chapter 12 Chapter 13 Chapter 14

Plunging into Shadow Banking Great Expectations Friends in High Places Securitization, Chinese Style Regulatory Nightmares Peer-to Peer (P2P) Banking Moonlighting Banks and Bankers A Perfect Storm of Subprime Credit Chronic Inflation and Distorted Banking Storms in Tea Cups, or the Beginning of the Next Crisis? Investing in the Shadow of Real Banks Mystery in the Chinese Stock Market Moral and Regulatory Issues Alibaba Finance, China's Future

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Banking

Banking The Development of Rural Finance in China

Transformation of China’s Modern Banking System

Yulu Chen & Yong Ma (Renmin University of China)

from the Late Qing Era to the 1930s

China’s Three Rural Issues –rural areas, agriculture, and farmers – have been the core concerns of the Chinese government in the course of socioeconomic transformation and domestic economic development. Addressing the Three Rural Issues is a crucial task for those involved in development finance. Using theoretical and empirical methods, The Development of Rural Finance in China analyzes and summarizes the features of China’s rural households in the rural credit market and looks at the economic behavior of the supply and demand sides through the prisms of various frameworks: nation, society, system, and culture.

Rixu Lan (Central University of Finance and Economics)

Traces the history and vicissitudes of China’s modern banking system The product of more than 10 years of research, Transformation of China’s Modern Banking System provides a detailed study of the evolution of China’s banking system from the late Qing era (1840s) through the Republican era (1930s). Transformation of China’s Modern Banking System offers a unique and comprehensive analysis of the financing structure, governance structure, incentive and restraint mechanisms, and structural changes of China’s modern banking system. Lan Rixu uses historical evidence to show how the transformation of China’s modern banking system reflected an acute awareness of the practical reality of modern Chinese bankers. The author details the systematic changes in China’s banking system during the chaotic period when traditional China met the West.

TABLE OF CONTENTS Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 September 2012 | 356 pages | US$148 | Hardback Cloth: 978-981-4332-08-8 eBook: 978-981-4332-07-1 (PDF)

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The Adverse Situation of Rural Finance in China: Past and Present Rural Households’ Behavior in China’s Rural Finance The Agricultural Loan Market in China’s Rural Finance The Government and Financial Institutions in China’s Rural Finance Understanding China’s Rural Finance: The Transformation of Rural Households and the Financial Layout

ABOUT THE AUTHORS

2-Volume Set

Professor Yulu Chen is the President of Renmin University of China, a member of the Monetary Policy Committee of the People's Republic of China, Vice President of the China International Finance Society, Deputy Secretary-General and Standing Director of the China Society for Financing and Banking. His major publications include Modern Finance (2000), Mixed Operation of the Financial Industry in China (2009), Research on International Balance of Payments (1998), and other works.

May 2015 | 496 pages | US$234 | Hardback

Yong Ma is a Research Fellow of the International Monetary Institute at China Financial Policy Research Center of the Renmin University of China. His areas of research include macro-economics, financial stability, and China’s rural finance.

Cloth: 978-1-62320-092-3 eBook: 978-1-62320-093-0 (PDF)

Volume 1 December 2014 | 320 pages | 7 x 10 | US$138 | Hardback

Transformation of China’s Modern Banking System is a winner of the Second Financial Book Awards, the Golden Goat Awards, co-organized by China Finance, China (Guangzhou) International Finance Expo, and the Finance Affairs Office of Guangzhou.

“The main contribution of the book lies in the empirical evidence that it provides on the positive impact of rural finance supply on rural household incomes and agricultural production, and on the relationship between rural households’ financial demands and their available fixed assets.” -- by Xu Lihe, Southwestern University of Finance and Economics

Cloth: 978-1-62320-080-0 eBook: 978-1-62320-081-7 (PDF)

TABLE OF CONTENTS

Volume 2

Volume 1: Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5

May 2015 | 176pages | 7 x 10 | US$108 | Hardback Cloth: 978-1-62320-090﹣9 eBook: 978-1-62320-091﹣6 (PDF)

The Origin of the Modern Banking System in China Financing Structure Governance Structure Internal Incentive and Restraint Mechanisms External Restraint Mechanisms

Volume 2: Chapter 6 The Transformations of China’s Modern Banking System Chapter 7 Analyzing the Efficiency of the Transformation of China’s Modern Banking System: Theoretical Analysis on the Micro Level Chapter 8 Analyzing the Efficiency of the Transformation of China’s Modern Banking System: Practical Analysis on the Macro Level Chapter 9 Flexibility and Adaptability: Inspiration for the Current Banking Reform

ABOUT THE AUTHOR Rixu Lan is an Associate Professor at the School of Economics at Central University of Finance and Economics in Beijing. He graduated from Nankai University with a doctoral degree in Economics in 2003. His research areas include: financial theory, modern financial history, and Sino-foreign economic relations. He is the author of Modernization of China’s Finance (2005), and a co-author of The Economic Development of Contemporary China: A 60-Year Review (2009), A Financial History of China (2008), and other works.

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Economic Development and Reform

Economic Development and Reform

The Political and Economic History of China (1977-1992)

The Political and Economic History of China (1949–1976)

Angang Hu (Tsinghua University)

Angang Hu (Tsinghua University)

Surveys the most tumultuous periods in China

Surveys the most tumultuous periods in China

A detailed chronicle of an era of chaos and political turbulence, The Political and Economic History of China is a must-read series for anyone interested in the history of modern China. Continuing on from his first series, which covered the years 1949– 1976, Angang Hu returns with a new installment detailing the political and economic development in the People’s Republic of China from 1977 to 1992.

A detailed chronicle of an era of chaos and political turbulence, The Political and Economic History of China is a must-read series for anyone interested in the history of modern China. This series covers the Cultural Revolution, the Great Leap Forward, the Golden Age of Industrialization, and the other important events that shaped China. The incidents in this series are the ones which laid the groundwork for the subsequent 30 years of reforms in China and which have influenced the latest ideological and policy developments, such as President Xi’s recent series of reforms.

This period saw the political transition from the end of the Cultural Revolution to the Reform and Opening-up era under Deng Xiaoping. Hu explains the numerous policy changes that transformed China during this period from an isolated and underdeveloped country to a global political and economic power, as well as the Politburo’s management of domestic political challenges as it set the precedence for future leadership transitions.

NEW 3-Volume Set May 2017 | 864 pages | 7 x 10 | US$374 | Hardback Cloth: 978-1-62320-149-4 eBook: 978-1-62320-150-0 (PDF)

Volume 1

10

January 2017 | 328 pages | 7 x 10 | US$138 | Hardback Cloth: 978-1-62320-143-2 eBook: 978-1-62320-144-9 (PDF)

Volume 2 February 2017 | 304 pages | 7 x 10 | US$138 | Hardback Cloth: 978-1-62320-145-6 eBook: 978-1-62320-146-3 (PDF)

Volume 3 May 2017 | 232 pages | 7 x 10 | US$118 | Hardback Cloth: 978-1-62320-147-0 eBook: 978-1-62320-148-7 (PDF)

The Political and Economic History of China is written by Angang Hu of Tsinghua University. He is the director of the National Research Group of the Chinese Academy of Social Sciences.

The Political and Economic History of China is written by Angang Hu of Tsinghua University. He is the director of the National Research Group of the Chinese Academy of Social Sciences, China's most prominent political think-tank.

TABLE OF CONTENTS Volume 1: Political Transition from Mao to Deng (1977–1981) Chapter 1 Overview: The Era of Reform and Opening-up and the Rise of China Chapter 2 Political Transition from the Cultural Revolution to the Reform and Opening-up Chapter 3 The Restoration of Veteran Leadership of the CCP Chapter 4 The State of China’s International Relations in the Early Years of Reform and Opening-up Volume 2: Chapter 5 Chapter 6 Chapter 7

Economic Development During Reform and Opening-up (1977–1992) Rural Reform and Development (1977–1992) Urban Economic Reform Economic Development and Strategic Choice

Volume 3: Chapter 8 Chapter 9 Chapter 10

Political Reform and Political Crisis (1982–1989) Theory and Practice of Political Reform (1982–1987) Political Disturbance of 1989 Evaluation and Summary (1977–1992)

ABOUT THE AUTHOR Angang Hu is a Professor in the School of Public Policy and Management at Tsinghua University. He is the director of the Center for China Studies at Chinese Academy of Social Sciences, China's most prominent political think-tank, and has held visiting professorships at Harvard University, Japan’s Keio University, and France’s School for Advanced Studies in the Social Sciences (École des hautes études en sciences sociales, EHESS). He is the chief editor of National Report, a monthly journal of China's political research which is read by China's top leaders. He is the author of the Political and Economic History of China 1949-1976 (3-Volume Set), Political and Economic History of China 1977-1992 (3-Volume Set), China in 2020: A New Kind of Superpower (2010), Economic and Social Transformation in China (2006), and other works.

TABLE OF CONTENTS 3-Volume Set November 2013 | 658 pages | 7 x 10 | US$365 | Hardback Cloth: 978-981-4332-729 eBook: 978-981-4332-60-6 (PDF)

Volume 1 August 2012 | 136 pages | 7 x 10 | US$128 | Hardback Cloth: 978-981-4339-90-2 eBook: 978-981-4332-57-6 (PDF)

Volume 2 March 2013 | 224 pages | 7 x 10 | US$128 | Hardback Cloth: 978-981-4339-92-6 eBook: 978-981-4332-75-0 (PDF)

Volume 3 November 2013 | 320 pages | 7 x 10 | US$128 | Hardback Cloth: 978-981-4339-94-0 eBook: 978-981-4332-66-8 (PDF)

Volume 1 : Chapter 1 Chapter 2 Chapter 3

The Early Stage of the People’s Republic of China (1949-1956) China’s Situation in the Context of Modernization Economic Development History of China Initial Conditions for China’s Modern Economic Development

Volume 2: Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8

The Great Leap Forward (1957-1965) China’s Early Nation-Building Efforts The First Golden Age of China’s Industrialization Emulating the Soviet Model Collectivization and Nationalization in China The Great Leap Forward

Volume 3: The Cultural Revolution (1966-1976) Chapter 9 Mao-Centered Interpretations versus Official Historical Judgment of the Cultural Revolution Chapter 10 Why did Mao Unleash the Cultural Revolution? Chapter 11 The First Phase (1966–1969): Launching of a Full-Scale Civil War Chapter 12 The Second Phase (1969–1973): Life-and-Death Struggles between Mao Zedong and Lin Biao Chapter 13 The Third Phase (1973–1976): The Political Struggle between Deng Xiaoping and Jiang Qing Chapter 14 Economic Background to the Cultural Revolution Chapter 15 Economic Policy and Structural Reforms during the Cultural Revolution Chapter 16 Official Verdict on the Maoist Era

ABOUT THE AUTHOR Angang Hu is a Professor in the School of Public Policy and Management at Tsinghua University. He is the director of the Center for China Studies at Chinese Academy of Social Sciences, China's most prominent political think-tank, and has held visiting professorships at Harvard University, Japan’s Keio University, and France’s School for Advanced Studies in the Social Sciences (École des hautes études en sciences sociales, EHESS). He is the chief editor of National Report, a monthly journal of China's political research which is read by China's top leaders. He is the author of the Political and Economic History of China 1949-1976 (3-Volume Set), Political and Economic History of China 1977-1992 (3-Volume Set), China in 2020: A New Kind of Superpower (2010), Economic and Social Transformation in China (2006), and other works.

11


Economic Development and Reform

Economic Development and Reform

Wages in China An Economic Analysis Jun Zhang (Fudan University)

Dissects China’s wage determination mechanism A major determinant of the primary distribution of national income, wages will have tremendous impacts on both social equity and economic efficiency in China. Wages in China: An Economic Analysis presents the latest research results on the transformation of China’s wages formation mechanism since the adoption of the Reform and Opening Up policy.

Volume 2: Wage Determination Chapter 5 Trade Liberalization, Export Behavior, and Enterprise Wage Determination: Evidence from China’s Industrial Enterprises Chapter 6 Industrial Agglomeration and Wages in the Industrial Sector: Evidence from China’s Prefecture-level Cities Wage Disparity Chapter 7 Inter-Industry Income Inequality: An Increasingly Important Cause of Income Differentials in Urban China Chapter 8 Who Entered High Income Industries? The Roles of Social Network, Hukou, and Labor Productivity Chapter 9 Discrimination against Migrant Workers in the Urban Labor Markets in China: Evidence from Census Data Chapter 10 Market Access, Agglomeration, and Wage Differentials in China’s Service Sectors

3-Volume Set

This 3-volume series looks at the impact from the institutional evolution of the wage system, social networks, and geographical factors on the determination of wages. After reviewing the history of China’s wage policies and systematic transformation, the author examines the collective negotiation system as an example of institutional changes to explore the impacts on employees’ wages, and does an empirical study on the shrinkage in labor’s share of national income by using industrial and provincial data. Based on the discussion of local policy-making decisions under fiscal federalism in China, the author also analyzes the regional wage differences with economic geographical and regional policy variances. The perspective of inter-industrial wage spillover is also followed to explain the wage differences and convergence paradox.

November 2015 | 528 pages | US$279 | Hardback

TABLE OF CONTENTS

Cloth: 978-1-62320-116-6 eBook: 978-1-62320-117-3 (PDF)

Volume 1

12

February 2015 | 168 pages | 7 x 10 | US$98 | Hardback Cloth: 978-1-62320-027-5 eBook: 978-1-62320-071-8 (PDF)

Volume 2 February 2015 | 152 pages | 7 x 10 | US$98 | Hardback Cloth: 978-1-62320-028﹣2 eBook: 978-1-62320-073﹣2 (PDF)

Volume 3 November 2015 | 208 pages | 7 x 10 | US$98 | Hardback Cloth: 978-1-62320-114﹣2 eBook: 978-1-62320-115﹣9 (PDF)

Volume 1: Prolegomena Chapter 1 From Controls to Regulations: An Overview of the Development of the Wage System in China in the Course of Marketization Chapter 2 The Nexus between Wages and Labor Productivity in China’s Manufacturing: Patterns and Interpretation Wage Determination Chapter 3 Collective Agreements, Ownership Systems and Wage Determination in China’s Enterprises: Has Collective Bargaining Improved Wages? Chapter 4 Industrial Agglomeration and Wages in the Industrial Sector: Evidence from China’s Prefecture-Level Cities

Volume 3: Wage Clubs Chapter 11 From Wage Disparity to Wage Convergence: Studies on Wage Spillovers Chapter 12 Wage Clubs in China’s Industries Chapter 13 Wage Interactions between China’s Public and Private Sectors: Evidence from CHNS Economic Development and Labor’s Share of Income Chapter 14 Labor Share in Economic Development: An Empirical Study Based on Sectoral Data from China Chapter 15 The Economic Explanation of Declining Labor Share: An Analysis Based on Province Level Data from China Chapter 16 Globalization and Labor Share: An Analysis Based on the Bargaining Powers of Labor and Capital

ABOUT THE AUTHOR Jun Zhang is a Changjiang Professor of Economics and Director of the China Center for Economic Studies at Fudan University in Shanghai. He is the Chief Editor of World Economic Paper and has been on the editorial board of Economic Systems, Journal of the Asia Pacific Economy, China Economic Journal, and many other Chinese and English journals. Zhang received his doctorate in economics from Fudan University, and completed post-doctoral fellowships at the University of Sussex in Britain. He authored and edited many books including Thirty Years of Reform and Opening Up, Transformation of the Chinese Enterprises, and Economic Transitions with Chinese Characteristics.

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Economic Development and Reform Enrich Series on China's Economic Issues (9-Volume Set) Zhiyong Fan et al. (Renmin University of China)

Economic Development and Reform Volume 1 China's Openingup: The Impact on Monetary Policy Choice

Volume 2 Growth of the Service Sector in the Yangtze River Delta

In-depth Studies of Nine Current Macroeonomic Issues in Contemporary China China’s Economic Issues is a series of in-depth studies of nine current macroeonomic issues in contemporary China. Featuring the work of leading Chinese economists, each of these nine volumes focuses on a specific topic or sector of vital importance to the pace of China’s economic reform. Referencing the latest data, each volume provides a thorough overview of its respective topic. China’s Economic Issues outlines China’s policies in rich detail and provides an insight into China's rise as an economic superpower. •

Authoritative research on the development of the Yangtze River Delta, China’s largest economic development zone

First comprehensive look at the Western Economic Triangular Zone (WTEZ)

Overview of the transformation of China's service industries, and the economic effects of China's foreign trade sector

9-Volume Set

Most up-to-date forecast of China’s rural-urban development strategies up to 2020

February 2013 | 3120 pages | US$1,151 | Hardback

3,000+ pages of analysis on China’s regional economic developments.

Cloth: 978-1-62320-039-8 eBook: 978-1-62320-094-7 (PDF)

Volume 1-5

14

February 2013 | 1552 pages | 7 x 10 | US$589 | Hardback Cloth: 978-981-4298-28-5 eBook: 978-981-4298-29-2 (PDF)

“Enrich Professional Publishing makes important economic books written in Chinese (in China) accessible for an English-reading audience. For the first time, an ‘inside perspective’ of the Chinese economic discourse is offered to professional economists everywhere.” -- by Henrique Schneider, Chief Economist, Swiss Federation of Small and Medium Enterprises

Volume 6-9

March 2011 | 288 pages | 7 x 10 | US$128 | Hardback Cloth: 978-981-4298-18-6 eBook: 978-981-4298-19-3 (PDF) Volume 4 A Study of the Macroeconomic Effects of China's Fiscal Deficits

August 2011 | 240 pages | 7 x 10 | US$108 | Hardback Cloth: 978-981-4298-24-7 eBook: 978-981-4298-25-4 (PDF) Volume 7 Conflict and Harmony: Development in the Yangtze River Delta

April 2011 | 512 pages | 7 x 10 | US$158 | Hardback Cloth: 978-981-4298-20-9 eBook: 978-981-4298-21-6 (PDF) Volume 5 Competition, Concentration and Efficiency of Commercial Banks in South Korea, Mainland China and Taiwan August 2011 | 216 pages | 7 x 10 | US$108 | Hardback Cloth: 978-981-4298-26-1 eBook: 978-981-4298-27-8 (PDF) Volume 8 The Strategy of Chinese RuralUrban Coordinated Development to 2020 Part 1

Volume 3 Foreign Trade Growth and Economic Development In China: Retrospective and Future Prospects June 2011 | 296 pages | 7 x 10 | US$118 | Hardback Cloth: 978-981-4298-22-3 eBook: 978-981-4298-23-0 (PDF) Volume 6 Research on Western Economic Triangular Zone: Development of the Anti-gradient Region

May 2012 | 320 pages | 7 x 10 | US$118 | Hardback Cloth: 978-981-4298-76-6 eBook: 978-981-4298-77-3 (PDF)

15 Volume 9 The Strategy of Chinese RuralUrban Coordinated Development to 2020 Part 2

February 2013 | 1568 pages | 7 x 10 | US$562 | Hardback Cloth: 978-981-4339-95-7 eBook: 978﹣981﹣4339﹣96﹣4 (PDF)

May 2012 | 632 pages | 7 x 10 | US$158 | Hardback Cloth: 978-981-4298-79-7 eBook: 978-981-4298-80-3 (PDF)

January 2013 | 304 pages | 7 x 10 | US$158 | Hardback Cloth: 978-981-4298-82-7 eBook: 978-981-4298-83-4 (PDF)

February 2013 | 312 pages | 7 x 10 | US$158 | Hardback Cloth: 978-981-4339-81-0 eBook: 978-981-4339-86-5 (PDF)

ABOUT THE AUTHORS Zhiyong Fan is an Associate Professor of Economics, School of Economics, Renmin University of China. His researches focus on the international capital market research and open macroeconomics. His publications include China's Monetary Economics and Its International Comparisons (2007), Research on China's Demand-Pull Inflation and Cost-Push Inflation and Its Policy Choice (2008).

Fei Xie is a Professor of Economics, Visiting Scholar of Australian National University, a member of MBA Teaching Steering Committee of Chongqing University of Technology. Xie's research mainly covers enterprise risk management and industrial economy. He published Risk Quantification in the International Commercial Rate, Financial History of Yuzhong District, Enterprise Management, Principles of Public Relations, etc.

Zhibiao Liu is a Professor and Dean of the School of Economics, Nanjing University, Standing Director of the Research Center for the Yangtze River Delta Economic and Social Development, and Member of the Evaluation Group for Social Sciences of the Ministry of Education. Liu was among the first Chair Professors in humanities and social sciences (economics) of "Chang Jiang Scholarship Program" selected by the Ministry of Education of China.

Juan Huang is a Professor of the School of Economics, Renmin University of China. She teaches and researches in the areas of monetary banking and commercial banking. She is the author of the book An Introduction to Commercial Banks. Her research papers include Towards the Deposit Insurance System, the Stabilization and Efficiency Research of Chinese Banking System, Risks in Commercial Banks: Scale Effects and Non-interest Income.

Jianghuai Zheng is the Head of the Department of Industrial Economics at the University of Nanjing. He also serves as a Researcher of the Economic and Social Development Research Center of the Yangtze River Delta and Director of the Institute of Entrepreneurs at the University of Nanjing.

Feng Shao is an economists, he obtained the PhD of Management at Tsinghua University. Shao mainly engages in regional economic, public management and youth development research. He has published more than 20 papers in international journals such as Studies of Urban Development and Studies of International Issues, and has participated in major national research projects initiated by the National Natural Science Foundation and the National Social Science Fund.

Zhesong Jin earned his PhD in Economics from the University of Kobe, Japan. He is currently Professor of Finance and the Dean of the school of Economics at the Central University of Finance and Economics. Jin teaches and researches in the areas of international economics and industrial economics. His major publications include International Trade Structure, China's International Trade and Comparative Advantage Structure. Jun Li is a Professor and the Department Head of International Economics and Trade, at the Central University of Finance and Economics. Li teaches and researches in the areas of theory and policy of international trade, international finance and economic cooperation. Xiongqi Xu is the Dean of the School of Economics, Chongqing University of Technology, and the Director of the Chongqing Institute of Quantitative Economics. Xu’s research interests are in the areas of financial economics, macro-econometrics and labor economics.

Jiuwen Sun is the Dean and Professor of the Institute of Regional and Urban Economic Research in Renmin University of China. He is the member of the Expert Advisory Committee of the State Council, consultant to the Expert Panel of the Beijing Municipal Government, member of Expert Committee of the National Development Bank, and Vice Chairman and Secretary General of the National Economic Geography Society. He is the author of the title Theories of China's Western Development (2000).


Economic Development and Reform

Economic Development and Reform

Economic Reforms and Development in China Selected Works of Siwei Cheng Siwei Cheng (past Chairman of International Finance Forum, and a former Vice Chairman of the Standing Committee of the National People’s Congress of China.)

This book, in three volumes, presents the thoughts and reflections of the highly regarded Chinese scholar and statesman, Siwei Cheng. The author outlines his theories for bringing economic reform to China in the context of a global economy. Using the principles of complexity science and finance, the author also elaborates on the characteristics and laws of fictitious economy in China and from this perspective, studies such issues as venture capital, financial crises, capital and monetary markets, inflation and deflation, housing system reform, the social security system and enterprise management in contemporary China. The book has been highly regarded by top-ranked Chinese politicians and distinguished scholars and is essential reading for anyone wishing to understand the economic complexities of the development of China.

TABLE OF CONTENTS 3-Volume Set December 2011 | 1153 pages | 7 x 10 | US$450 | Hardback Cloth: 978-981-4332-47-7 eBook: 978-981-4332-52-1 (PDF)

Volume 1

16

February 2011 | 432 pages | 7 x 10 | US$158 | Hardback Cloth: 978-981-4332-16-3 eBook: 978-981-4332-48-4 (PDF)

Volume 2 December 2011 | 432 pages | 7 x 10 | US$158 | Hardback Cloth: 978-981-4298-30-8 eBook: 978-981-4298-31-5 (PDF)

Volume 3 December 2011 | 352 pages | 7 x 10 | US$158 | Hardback Cloth: 978-981-4332-46-0 eBook: 978-981-4332-50-7 (PDF)

Volume 1: Chapter 1 The New Economy and the Development of China in the Twenty-First Century Chapter 2 Venture Capital Business and its Emergence in China Chapter 3 Fictitious Economy and the East Asian Financial Crisis Chapter 4 An Analysis of the Complexities of Enterprise Management and its Implications for China Chapter 5 The Theory and Practice of Managing Enterprises by Government Chapter 6 Establishing an Adequate, Equal, and Effective Social Security System for China Chapter 7 A Systematic Analysis of the Housing Reform in China’s Urban Areas Chapter 8 An Analysis of China’s Rural Consumer Markets Chapter 9 Devoting Major Efforts to Developing China’s Multinationals Chapter 10 Strategic Directions and Policy Implementation for Reforming China’s Institutional Units

Volume 2: Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10

China and the World in the Context of Economic Globalization Financial Globalization and Financial Reform in China Development Plans under the Chinese Socialist Market Economy System A Theoretical Analysis of Deflation and the Actual Problems Facing China A Systemic Analysis of Stock Markets in China and Suggestions for Their Adjustment Strategic Thoughts on Developing China’s Money Markets Goals and Major Measures for Reforming Commercial Banks in China Exploring Effective Ways of Developing Rural Finance in China The Current Situation and Future Outlook of Venture Capital in China The Transformation of Bonded Zones into Free Trade Zones

Volume 3: Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10

The Scientific Outlook on Development The Construction of an Innovation-oriented Country Institutional Innovation—The Core of Reform Theories and Methodologies of the Fictitious Economy China’s Venture Capital Investment China’s Economic Challenges and Countermeasures Toward a Healthy Development of China’s Stock Market Reform of the RMB Exchange Rate Regime Toward the Reform of China’s Housing System The Global Financial Crisis and China’s Countermeasures

ABOUT THE AUTHOR Siwei Cheng (1935-2015) was best known for his ground breaking work in venture capital. He is considered to be instrumental in the founding of ChiNext, A NASDAQ style bourse that directs venture capital into innovative and fast-growing enterprises, especially hightech firms. His academic career was varied, training as a chemist, an engineer and later into economics and finance. He held many important posts including Chairman of the China Democratic National Construction Association, Chairman of the International Finance Forum, Vice Chairman of the Standing Committee of the National People’s Congress of China. He was the Dean of the Institute of Management of the Chinese Academy of Sciences. He was an academic advisor to the World Bank Institute. His research covered complexity science, fictitious economy, and venture capital.

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Economic Development and Reform

Economic Development and Reform

Reforming China Edited by Tieying Li (former Vice Chairman of the Standing Committee of the National People's Congress of China.)

Examines the fundamentals that underpin China’s 30-year economic reforms Enrich Series on China's Economic Reform includes a comprehensive analysis of China's 30-year process of economic reform, including an overview of the underlying theoretical framework, a review of the important reform measures and their implementation, as well as a summary of China's experience in comparison with reforms in other countries. It employs authoritative source of information from Chinese think-tanks.

TABLE OF CONTENTS Volume 1: Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5

5-Volume Set September 2011 | 2300 pages | 7 x 10 | US$684 | Hardback Cloth: 978-981-4298-08-7 eBook: 978-981-4298-09-4 (PDF)

Volume 1

18

September 2011 | 256 pages | 7 x 10 | US$108 | Hardback Cloth: 978-981-4298-00-1 eBook: 978-981-4298-01-8 (PDF)

Volume 2 September 2011 | 516 pages | 7 x 10 | US$158 | Hardback Cloth: 978-981-4298-02-5 eBook: 978-981-4298-03-2 (PDF)

Volume 3 September 2011 | 520 pages | 7 x 10 | US$158 | Hardback Cloth: 978-981-4298-04-9 eBook: 978-981-4298-05-6 (PDF)

Volume 4 September 2011 | 600 pages | 7 x 10 | US$158 | Hardback Cloth: 978-981-4298-42-1 eBook: 978-981-4298-43-8 (PDF)

Volume 5 September 2011 | 408 pages | 7 x 10 | US$138 | Hardback Cloth: 978-981-4298-06-3 eBook: 978-981-4298-07-0 (PDF)

Theoretical Framework Deconstruction of the Planned Economy Confrontation and Transcendence of the Old and the New Systems Initial Formation of the New Structure of the Market Economy Accumulation of Contradictions during the Structural Transition Process Modern Market Economy and Society under the Rule of Law

Volume 2: Experiences and Lessons Introduction Basic Experience of China’s Economic System Reform Chapter 1 A History of China’s Ownership Reform Chapter 2 China’s Rural Reform Chapter 3 China’s State-owned Enterprises Reform Chapter 4 China’s Fiscal System Reform Chapter 5 China’s Financial System Reform Chapter 6 China’s Price Reform Chapter 7 China’s Income Distribution System Chapter 8 China’s Employment System Reform Chapter 9 China’s Social Security System Reform Chapter 10 China’s Monopolized Sector Reform Chapter 11 Comparisons between Models of Chin’s Regional Economic System Reform Appendix Transitional Model of China’s Economic System Reform

Volume 3: Prelude Chapter 1 Chapter 2 Chapter 3 Chapter 4

Major Events (1978-1991)

Volume 4: Prelude Chapter 1 Chapter 2 Chapter 3 Chapter 4

Major Events (1992-2004)

Volume 5: Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7

International Comparisons and Reference The Background to China's Reform of the Economic System Target Model and Government Reform Macro-Economic Reform Enterprise Reform Social Security and Employment Reform Rural Reform Conclusions, Problems and Countermeasures

The Initial Tide Forming Pioneering in Unchartered Territory “The Primary Stage” Rising Wind and Rolling Waves

The Tide Returns Keep Calm A New Era Be Extremely Tolerant

ABOUT THE EDITOR Tieying Li is a former Vice Chairman of the Standing Committee of the National People's Congress of China. For more than 20 years he served as the minister in charge of the State Commission for Economic Restructuring, and he participated in the implementation of China's economic reforms during that time. He is a past President of the Chinese Academy of Social Sciences.

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Economic Development and Reform

Economic Development and Reform

China’s Future

Structural Economics in China

The Path to Prosperity and Peace

A Three-Dimensional Framework for Balanced Growth

Canrong Jin (Renmin University of China)

Junbo Xiang (Agricultural Bank of China)

China's Future: The Path to Prosperity and Peace uses lively examples to illustrate the challenges faced by China and explains the corresponding measures and underlying ideologies. It provides an account of China's tremendous, and sometimes difficult, economic growth. This book analyzes regional and international security issues as well as internal threats in relation to the rise of China's status in the world. The book provides a diversified perspective on the direction of China's future development to give suggestions on national policy as well as China's diplomatic strategy and role.

Pinpoints the Risks of Structural Imbalances in China’s Economy A thorough examination of the structural imbalances in China’s consumption, investment, financial, and international balance of payments sectors, Structural Economics in China: A Three-Dimensional Framework for Balanced Growth analyzes and measures China’s structural imbalances in terms of wealth distribution, economic growth, and environmental protection. Author Xiang Junbo considers future adjustment strategies such as a lowcarbon economic structure, a consumption-oriented economic structure, a market-oriented financial structure, and a regional economic structure in terms of China’s current growth model. Structural Economics in China: A Three-Dimensional Framework for Balanced Growth offers not just a reasoned assessment of China’s continued balanced growth but it also suggests five key strategies for adjusting the economy of China and sustaining the country’s unparalleled economic rise.

TABLE OF CONTENTS Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 April 2013 | 224 pages | 7 x 10 | US$88 | Hardback Cloth: 978-1-62320-015-2 eBook: 978-1-62320-045-9 (PDF)

The Real China China’s Economic Take-off: Challenges and Solutions China’s New Challenges in Social Transition Meeting the Challenges of Peaceful Development The Road to Future

ABOUT THE AUTHOR Canrong Jin is the Vice Director and professor of School of International Studies, Renmin University of China. He is also the Vice President of the China National Association of International Studies and the Standing Director of the Pacific Society of China. His research focuses on the American political system and culture of politics, America’s diplomacy, U.S.–China relations, and China’s external policies.

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Evolution and Growth of China’s Wholesale Industry since 1978 Longlong Ma (Renmin University of China)

In this first English language book about China's wholesale industry since China's openingup, the author reviews the history of China’s wholesale industrial reform since 1978. The book offers a comprehensive examination of the growth of the industry, its structural evolution, market development, and the emergence of logistics operations.

TABLE OF CONTENTS Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 June 2011 | 504 pages | US$168 | Hardback Cloth: 978-981-4298-40-7 eBook: 978-981-4298-41-4 (PDF)

Overall Review of the Wholesale Trade in the Three Decades of Reform and Opening up Growth and Contribution of the Wholesale Trade Evolution of the Wholesale Industrial Organizations Changes in the Structure of the Wholesale Trade Emergence and Development of the Wholesale Markets Emergence and Development of the Wholesale Logistics Development Prospects of the Wholesale Trade

ABOUT THE AUTHOR Longlong Ma is a Professor of Industrial Economics and the Director of the Research Center for Industrial Development and Logistics Reform of Renmin University of China. He was a Visiting Scholar of Columbia University and Cambridge University engaging in the researching of government policies. Ma’s research interests are in the areas of market structure, logistics policy, logistics, and commercial science.

TABLE OF CONTENTS February 2012 | 360 pages | 7X10 | US$138 | Hardback Cloth: 978-981-4298-38-4 eBook: 978-981-4298-39-1 (PDF)

Foreword Introduction Chapter 1 An Overview of Structural Economics Chapter 2 The Theory of the Evolution of Economic Structure Chapter 3 The Theory of the Imbalance of Economic Structure Chapter 4 The Interaction of the Evolution of Economic Structure and the Resource Environment Chapter 5 Evolution and Imbalance of China’s Investment and Consumption Structures Chapter 6 Evolution and Imbalance of China’s Industrial Structure Chapter 7 Evolution and Imbalance of China’s Financial Structure Chapter 8 Evolution and Imbalance of China’s Regional Economic Structure Chapter 9 Evolution and Imbalance of China’s Balance of Payments Structure Chapter 10 Integrated Analysis of the Imbalance of China’s Economic Structure Chapter 11 Strategic Orientation of China’s Economic Structural Adjustment

ABOUT THE AUTHOR Junbo Xiang is the Chairman of the Agricultural Bank of China. He served as Deputy Auditor-General of the National Audit Office, Vice President of the People’s Bank of China, and Director of its Shanghai headquarters. His areas of research include the whole economic field, including fiscal, financial, and legal issues, auditing, and supervision and risk control.

21


Economic Development and Reform

Economic Development and Reform

Major Issues and Policies in China’s Financial Reform Yulu Chen (Renmin University of China) Qingwang Guo (Renmin University of China)

Reveals the 28 unique milestones in China’s financial industry “Pants with close crotch,” “polyandry,” and “a tiger in a cage” — these enigmatic terms are frequently used by Chinese economists and policy-makers to figuratively describe certain significant financial events in the history of New China. Major Issues and Policies in China's Financial Reform is a 4-volume guide to these kinds of events. With the economic transformation of late 1980s as a turning point, this series provides an in-depth examination of 28 key financial policies and issues in China over a 60-year timespan. The series combines vivid stories and theoretical analysis to explain the historical background of these financial reforms, including such concepts as replacing the fiscal appropriation of investment funds by bank loans, the replacement of profit delivery by taxes, and debt for equity swaps.

NEW 4-Volume Set November 2016 | 816 pages | 7 x 10 | US$429 | Hardback Cloth: 978-1-62320-033-6 eBook: 978-1-62320-078-7 (PDF)

Volume 1

22

May 2015 | 200 pages | 7 x 10 | US$108 | Hardback Cloth: 978-1-62320-030-5 eBook: 978-1-62320-069-5 (PDF)

Volume 2 May 2016 | 186 pages | 7 x 10 | US$118 | Hardback Cloth: 978-1-62320-031-2 eBook: 978-1-62320-072-5 (PDF)

Volume 3 May 2016 | 216 pages | 7 x 10 | US$118| Hardback Cloth: 978-1-62320-032-9 eBook: 978-1-62320-077-0 (PDF)

Volume 4 November 2016 | 220 pages | 7 x 10 | US$108 | Hardback Cloth: 978-1-62320-110-4 eBook: 978-1-62320-111-1 (PDF)

The series also offers evaluations of the subsequent impacts of these policies on China’s economic development. Major Issues and Policies in China's Financial Reform uses a review of history to provide a basis for policy recommendations, innovations, and future fiscal and financial reforms In China.

TABLE OF CONTENTS Volume 1: Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Volume 2: Chapter 7 Chapter 8 Chapter 9 Chapter 10 Chapter 11 Chapter 12 Chapter 13 Chapter 14

Pants with Closed Crotch Specialized Tax Administration System Off-Budget Funds Overall Balance Polyandry Credit Quotas

Eight-Character Policies Large Treasury, Small Bank Loans for Appropriations Credit Difference Contracting Full Loan Financing Eating From Separate Stoves Food First, Construction Second Tax for Profit

Volume 3: Chapter 15 Chapter 16 Chapter 17 Chapter 18 Chapter 19 Chapter 20 Chapter 21 Volume 4: Chapter 22 Chapter 23 Chapter 24 Chapter 25 Chapter 26 Chapter 27 Chapter 28

Reversed Monetary Expansion Mechanism Triangular Debts Tiger in the Cage Designated Loans Tax and Fee Reforms Soft Landings Unification of Exchange Rates

Tax Sharing Reform “Two Guarantees” Policy Proactive Fiscal Policy Reform of the Three Systems of Fiscal Administration Debt for Equity Swap Split Share Reform Consolidation of Enterprise Income Tax Laws

ABOUT THE AUTHORS Professor Yulu Chen is the President of Renmin University of China, a member of the Monetary Policy Committee of the People's Republic of China, Vice President of the China International Finance Society, Deputy Secretary-General and Standing Director of the China Society for Financing and Banking. His major publications include Modern Finance (2000), Mixed Operation of the Financial Industry in China (2009), Research on International Balance of Payments (1998), and other works. Qingwang Guo is the Dean of the School of Finance, Renmin University of China, and the Vice-President of the Chinese Tax Institute. Guo's work covers public finance and taxation, macroeconomic theory and policies. He is the author of The Effectiveness and Fade-Out Strategy of Active Fiscal Policy (2007), Corporation Tax: International Comparison (1996), Active Fiscal Policy and Monetary Policy (2004), etc.

23


Finance

Finance Reforming China’s Capital Market

Private Equity Funds in China

The Future Development Path

A 20-Year Overview

Edited by Xiaoqiu Wu (Renmin University of China)

Edited by Bin Xia (State Council Counselor) Changyun Wang (Renmin University of China)

Analysis of China’s capital market from one of the nation’s pioneering economic theorists

NEW 2-Volume Set October 2017 | 528 pages | US$243 | Hardback Cloth: 978-1-62320-108-1 eBook: 978-1-62320-109-8 (PDF)

Volume 1

24

June 2017 | 256 pages | US$128 | Hardback Cloth: 978-1-62320-104-3 eBook: 978-1-62320-105-0 (PDF)

Volume 2 October 2017 | 272 pages | US$128 | Hardback Cloth: 978-1-62320-106-7 eBook: 978-1-62320-107-4 (PDF)

Ye’an Zhou (Renmin University of China)

In Reforming China’s Capital Market, pioneering researcher in China’s securities theory Wu Xiaoqiu, along with a team of scholars on China’s financial economics, presents an examination of the most critical issues on China’s volatile but booming capital market. This book also offers studies of prominent cases of trading irregularities in China over the past 20 years, as well as suggestions on future policy reforms such as setting up market watchdogs in order to deter unfair trading.

How does this complex sector of the massive Chinese economy point the way towards further explosive growth?

The inner workings of China's private securities and non-securities investment funds

TABLE OF CONTENTS

The intricacies of China's “sunshine” private funds

The progression of China's venture capital funds

Volume 1: Chapter 1 The IPO Market in China and Its Supervisory Mechanism Chapter 2 Listing System: Improving Market Liquidity Chapter 3 Acquisition and Restructuring: Increasing Allocation Efficiency in Existing Resources Chapter 4 Stock Purchase, Sale and Buyback Volume 2: Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10

Incentive Stock Options and Employee Stock Ownership Plans Refinancing of Listed Companies and Dividend Distribution Policy Information Disclosure and Interpretation Unlawful and Illegal Acts in Securities Trading Delisting Mechanisms Dynamic Equilibrium in Capital Market Capital Supply and Demand

ABOUT THE EDITOR Xiaoqiu Wu is the President of the Finance and Securities Institution of Renmin University of China. He is a leading expert in finance and securities research in China, having published nearly 100 papers in the nation’s leading journals. He is also the author of Interpretation of Capital Market (2002), Transformation and Rise of China: Exploring the Road to a Financial Power (2011), Chinese Securities Companies: Present and Future (2012), and other works on finance and securities..

Private Equity Funds in China serves as the definitive resource on understanding and navigating China’s private funds market, explains the ups-and-downs of China’s private funds market, and reveals:

2-Volume Set November 2013 | 364 pages | 7 x 10 | US$224 | Hardback Cloth: 978-1-62320-008-4 eBook: 978-1-62320-055-8 (PDF)

Volume 1 July 2013 | 183 pages | 7 x 10 | US$118 | Hardback Cloth: 978-1-62320-006-0 eBook: 978-1-62320-046-6 (PDF)

Volume 2 November 2013 | 181 pages | 7 x 10 | US$118 | Hardback Cloth: 978-1-62320-007-7 eBook: 978-1-62320-054-1 (PDF)

With comprehensive data and statistics, as well as inside information, Chief Editor Xia Bin, the Counselor of the State Council, presents policy recommendations which could potentially change China's equity funds sector, and even the asset management market.

TABLE OF CONTENTS Volume 1: Chapter 1 Chapter 2 Chapter 3 Chapter 4

Overview Development of China’s Privately Offered Funds Development of Private Funds Analysis of the Environment for the Development of China’s Privately Offered Funds

Volume 2: Chapter 5 Analysis of the Environment for the Regulation of Private Funds Chapter 6 Analysis of the Development of China’s Privately Offered Fund Industry Chapter 7 Analysis of the Current Situation of China’s Private Securities Investment Fund Companies Chapter 8 Analysis of Private Non-Securities Investment Funds Chapter 9 Recommendations on the Development of China’s Privately Offered Funds

ABOUT THE EDITOR Bin Xia is the Honorable Director of the Financial Research Center under the State Council and Counselor of the State Council, and he was Head of the Transaction Department of China Securities Regulatory Commission and Deputy Head of the Policy Research Center of the People's Bank of China. He was the chief editor of China’s Encyclopedia of Securities.

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Finance

Finance Development Finance in China Edited by China Development Bank and Renmin University of China

Explores the Chinese way of development finance in balancing government goals and market mechanism

3-Volume Set January 2011 | 1304 pages | 7 x 10 | US$450 | Hardback Cloth: 978-981-4298-16-2 eBook: 978-981-4298-17-9 (PDF)

Volume 1

26

January 2011 | 480 pages | 7 x 10 | US$168 | Hardback Cloth: 978-981-4298-10-0 eBook: 978-981-4298-11-7 (PDF)

Volume 2 January 2011 | 544 pages | 7 x 10 | US$178 | Hardback Cloth: 978-981-4298-12-4 eBook: 978-981-4298-13-1 (PDF)

Volume 3 January 2011 | 280 pages | 7 x 10 | US$128 | Hardback Cloth: 978-981-4298-14-8 eBook: 978-981-4298-15-5 (PDF)

As the first series exploring the development finance of China from the authoritative source of information, this series examines the theoretical framework of the development finance system, compares it with systems of foreign countries, summarizes typical cases of China’s development finance, reviews the historical background of development finance bonds, and analyzes the market innovations in bond issuing.

Volume 3: Part I Chapter 1 Chapter 2

TABLE OF CONTENTS

Part II Innovative Practices Chapter 3 Varieties of Innovation of Development Financial Bonds Chapter 4 Development Financial Bonds and the Development of the Bond Market in China

Volume 1: Part I Chapter 1 Chapter 2 Chapter 3

Development Finance in China: Theory and Implementation The Realistic Environment and Long-term Financing Plight How Was China’s Long-term Financing Plight Formed The Problem of the Existing Financial System How to Escape the Long-term Financing Plight

Part II Chapter 4 Chapter 5 Chapter 6

The Successful Practice of Development Finance in China The Formation and Development of China’s Development Finance The Operating Mechanism of Development Financial Institutions China’s Development Finance Model: Micro Cases

Part III Chapter 7 Chapter 8 Chapter 9

Theoretical Connotations of Development Finance Development Finance and Market Formation of Government-Led Finance Development Finance and Social Capital Formation New Developments in Financial Development Theories

Part IV Chapter 10 Chapter 11 Chapter 12 Chapter 13

International Comparison of Policy Finance Policy Finance in Europe and America Policy Finance in Asia International Development Financial Institutions Policy Financial Mode: International Comparison and Trends

Volume 2: Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10 Chapter 11 Chapter 12

Development Finance in China:Case Studies The Case of the “Provincial Credit Platform” in Yunnan The Case of the “Border Development” in Xinjiang The Case of the “Infrastructure Project” in Tianjin The Case of the “Industrial Park” in Suzhou The Case of the “Yufu Model” in Chongqing The Case of the “World Expo” in Shanghai The Case of “Go Out” in Shenzhen The Case of the “Shanty Town Transformation Program” in Liaoning The Case of “Community-Based Finance” in Chengdu The Case of the “SME Financing Platform” in Zhejiang The Case of “Micro Loans” in China The Case of the “Student Loan Model” in Henan

Development Finance in China: Bond Market Innovation Introduction Background, History and Structure Development Financial Bonds in China’s Financial System

Part III Theoretical Connotations Chapter 5 The Use of Development Financial Bonds to Push Forward the Development of the Financial System in China Chapter 6 Development Financial Bonds: An Effective Combination of National Credit and Institutional Credit

ABOUT THE EDITORS China Development Bank is a financial institution in China under the direct jurisdiction of the State Council. As one of the three policy banks of the PRC, it is primarily responsible for raising funding for large infrastructure projects, including most of the funding for the Three Gorges Dam. The bank is the second-biggest bond issuer in China, accounting for about a quarter of the country’s yuan bonds, and the biggest foreign-currency lender. Renmin University of China is one of the most prestigious universities in China, with a distinct focus on social sciences. The University is home to many outstanding scholars in law, economics, journalism, etc. China Development Bank and the Renmin University of China jointly set up the Research Team on the Developmental Finance of China in August 2004

27


Green Economy

Green Economy The Green Economy and Its Implementation in China Edited by Manhong Mannie Liu (Renmin University of China) David Ness (University of South Australia) Haifeng Huang (Beijing University of Technology)

Outlines the Future of China’s Green Economy

KEY FEATURES • •

• May 2011 | 400 pages | US$148 | 7 x 10 | Hardback Cloth: 978-981-4298-95-7 eBook: 978-981-4332-87-3 (PDF)

An in-depth review and unique insight into China’s green economy A collection of essays and papers presented by over 30 internationally regarded experts from China, Canada, the United States, Europe and Australia in a series of conferences on China’s ecological development issues at the China-Europe Forum hosted by the Ecological Development Union International (EDUI) in 2010 Covers issues such as government policies, the challenges of water resources, renewable energy in the context of the 11th and 12th Five-Year Plans, and the sustainable development of the green economy Compares China’s green economy with those of other countries

“Overall, this is a highly recommendable publication on the green economy in China which provides a good overview over the most important industries, the government policies, as well as the potential for further development. Its unique feature is the well assembled group of authors in which Chinese contributors provide original insights with China-specific knowledge.” -- by Henrique Schneider, Chief Economist, Swiss Federation of Small and

28

Medium Enterprises

TABLE OF CONTENTS Preface Part 1: Introduction to the Green Economy in China Chapter 1 Green Economy and Its Implementation in China Chapter 2 When Yin and Yang are Mismatched - A View of World Ecological Issues From Traditional Chinese Philosophy Chapter 3 The Significance for China of the Factor Five Concept Chapter 4 On the Development of Green Economy Part 2: Government Policies of Green Economy Chapter 5 Lessons From Experience - Recommendations for Government Policymakers Chapter 6 Experiences and Lessons From China's Early Practice in Environmental Performance Assessment Chapter 7 Government Policies to Promote Energy Conservation and the Year's Overview of Energy Conservation Chapter 8 Thoughts and Policy Recommendations on Green Economy Development

Part 3: Green Economy and Industries Chapter 9 The Challenge of Industrial Ecology for a Sustainable Economy in China Chapter 10 Ecological Development in China Chapter 11 Leverage Points for the Great Transition in the Field of Economy Chapter 12 Study on Industry Energy Saving in China's Economic Transformation Chapter 13 Sustainable Construction Issues in China Chapter 14 Towards a Green Economy in the Yangtze Delta, China Chapter 15 Food Safety Issues in China Chapter 16 To Meet the Challenges of Low Carbon and Environmental Protection Faced by the Chinese Foreign Trade Part 4: Value and Challenges of Water Resources Chapter 17 China's Water Resource Challenges Chapter 18 Studies on the Value of Water Resources in China Part 5: Renewable Energy in China Chapter 19 Energy, Energy Efficiency and Renewable Energy in China in the Context of the 11th and 12th Five-Year Plans Chapter 20 The Total Life Cycle Cost Model for Electric Power Stations Chapter 21 Three Rural Issues and Renewable Energy Part 6: International Comparison and Cooperation on Environmental Issues Chapter 22 China and America's Contrasting Responses to Climate Change Chapter 23 China's Environmental Challenges: The Role of International Collaboration Chapter 24 Green Economy: A Solution for the Dual Environmental and Financial Crisis? Lessons From the West Chapter 25 China and Germany: Partners in Green Development Part 7: Future of the Green Economy in China Chapter 26 Sustainable Development is the Key to the Future Chapter 27 The Road to a Green Economy in China Chapter 28 Ascending Jin Shan Together: Standing Higher, Looking Far, We Can Achieve a Green Economy and More

ABOUT THE EDITORS Manhong Mannie Liu, Ph.D. in Applied Economics (Cornell), is a Professor and Ph.D. advisor at the School of Finance, Renmin University of China; Financial Advisor to Beijing Municipal Government; Director at Boston China VC Research Center and the Renmin University Venture Capital and Private Equity Research Center, and on the board of Chief Group in Hong Kong. Prior to her return to China, she was a member of the Research Faculty at Harvard University. David Ness is Adjunct Senior Research Fellow at the University of South Australia. He is the Executive Chairman of Ecological Development Union International (EDUI). Haifeng Huang is Supervisor of the Ministry of Land and Resources, PRC. He is the Director of the China Research Center for Economic Transition at Beijing University of Technology.

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Green Economy

Green Economy Renewable Energy in China Towards a Green Economy Edited by Manhong Mannie Liu (Renmin University of China) Mike Henry (Thompson Rivers University) Haifeng Huang (Beijing University of Technology)

25 unique and in-depth case studies from renewable energy experts contributed by 78 scholars and experts on sustainable economy Renewable Energy in China: Towards a Green Economy presents a complete look at China’s efforts to become a “green” nation. This three-volume series uses an overview of contemporary issues of sustainable development, as well as a set of 25 unique case studies (from leading companies and industry experts in China and the West), to highlight China’s unique “green” role. The key concepts of sustainable development, including the rising use of solar and wind power, present complex challenges for China and shape the nation’s geopolitical role.

3-Volume Set November 2013 | 822 pages | 7 x 10 | US$355 | Hardback Cloth: 978-1-62320-020-6

“I hope that the publication of this book can raise awareness and provoke thought on the issue of renewable energy, and attract more people to participate in the study of theories and the application of renewable energy, and thus contribute to the development of renewable energy in China.” --Siwei Cheng, Former Vice Chairman of the Standing Committee of the National People's Congress of China

eBook: 978-1-62320-051-0 (PDF)

Volume 1

30

October 2013 | 320 pages | 7 x 10 | US$118 | Hardback Cloth: 978-1-62320-018-3 eBook: 978-1-62320-048-0 (PDF)

Volume 2 October 2013 | 232 pages | 7 x 10 | US$108 | Hardback Cloth: 978-1-62320-019-0 eBook: 978-1-62320-049-7 (PDF)

Volume 3 November 2013 | 360 pages | 7 x 10 | US$148 | Hardback Cloth: 978-1-62320-021-3 eBook: 978-1-62320-050-3 (PDF)

TABLE OF CONTENTS Volume 1: Part 1 1.1 1.2 1.3

Part 2 2.1 2.2 2.3 2.4

Renewable Energy and Energy Efficiency Issues in China A Brief History of the Renewable Energy Industry in China Energy Efficiency and its Impact on Renewable Energy Green Supply Chain: Improving Energy Efficiency and Environmental Performance Renewable Energy: China and the World China’s Energy Development from a Global Perspective The European Union, China, and Renewable Energy China-U.S. Energy Policies China’s Intellectual Property Issues in Renewable Energy Technology

Volume 2: Part 3 3.1 3.2 3.3 3.4 3.5

Major Renewable Energy Development in China China’s Solar Energy: Solar Photovoltaic Overview of China’s Bio-Energy Industry A Summary of China’s Biodiesel Field Hydro Power in China Nuclear Power in China: Current Development, Relationship with Renewables, and Strengthening Safety Post-Fukushima

Part 4 4.1 4.2 4.3 4.4 4.5

Financing Renewable Energy Clean Energy Investment in China Green Investment in Wind Energy Green Investment in Solar Energy Green Insurance and Renewable Energy Carbon Finance in China

Volume 3: Part 5 5.1 5.2 5.3 5.4 5.5 5.6

Renewable Energy and Energy Efficiency Case Studies Tsing Capital: Doing Well by Doing Good Qing Dao: The Development and Utilization of Ocean Energy The Solar City: De Zhou Low Carbon City: Guangyuan Forestry Carbon Exchange Practice in China Offshore Wind Power by CNOOC

Part 6 6.1 6.2

The Future ofChina's Renewable Energy The General Principles of Economy: Categories of Goods and Services Taoism and Renewable Energy

ABOUT THE EDITORS Manhong Mannie Liu, Professor and PhD adviser at the School of Finance, Renmin University of China, is a Financial Adviser to the Beijing Municipal Government, the Director at Boston China VC Research Center, and the Director of the Private Equity Research Center at the Renmin University of China. Mike Henry is the Dean of the School of Business and Economics at Thompson Rivers University. He had been the Associate Dean of the School of Business at MacEwan University. He has a Doctor of Business Administration (DBA) in human resources management from the University of Southern Queensland, and a Master of Business Administration from the University of Alberta. He completed undergraduate degrees at the University of Ottawa and Brock University. His publication credits include co-editor of Renewable Energy in China: Towards a Green Economy, with editions in both English and Chinese. Dr. Henry was also a member of the Alberta Legislature for four years, and a former director of the Canadian Mental Health Association. Haifeng Huang is the Professor and the director of the Center for Green Economy, Peking University HSBC Business School, as well as Asian Chairman in the Ecological Development Union International, and the supervisor of the China’s Ministry of Land and Resources.

31


Innovation

International Economics Innovative Capability of Chinese Enterprises

China’s Outward Foreign Direct Investment

Zhihong Yi (Renmin University of China)

Theories and Strategies

Independent innovation was proposed by the Chinese government in 2006 as a key to raising China’s competitiveness. This book looks at the panorama of the innovative capability of Chinese enterprises from the international environment, financial environment, and industrial policies to specific topics such as technological innovation, institutional innovation, and the rise of proprietary brands. Using an analysis of upto-date statistics, Innovative Capability of Chinese Enterprises examines the culture of innovation in the unique economic landscape of contemporary China.

Hong Zhang (Shandong University)

How can China benefit from its outward foreign direct investment activities? China has firmly implemented its “going out” strategy for more than 10 years. In this time Chinese enterprises’ outward FDI activities have boomed. However, behind this rosy picture, there are still lingering doubts as to whether China can continue to thrive on the international stage. What are the motives behind Chinese enterprises’ outward FDI activities? And in what way can Chinese transnational companies benefit under international vertical specialization? China’s Outward Foreign Direct Investment: Theories and Strategies attempts to answer these questions by:

TABLE OF CONTENTS

May 2012 | 440 pages | US$148 | Hardback Cloth: 978-981-4298-36-0 eBook: 978-981-4298-37-7 (PDF)

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Chapter 1 Introduction and Overview Chapter 2 The International Environment and Industrial Policies for Independent Innovation Chapter 3 The Financing Environment for Independent Innovation Chapter 4 Technological Innovation Through Resource Integration Chapter 5 The Operation of the Innovation-Oriented Service Supply Chain Chapter 6 Performance of Enterprise Informatization under Institutional Innovation Chapter 7 The Marketing Channel Innovation of Chinese Enterprises Chapter 8 Proprietary Brand Innovation and the Performance of Chinese Enterprises Chapter 9 Developing Evaluation Indicators for the Continuous Technological Innovative Capability Chapter 10 The Structure of Governance for Chinese Enterprises Chapter 11 The Organizational Model of Independent Innovation

ABOUT THE AUTHOR Zhihong Yi is a Professor of Corporate Finance, Renmin University of China, and the President of the Business School at the Renmin University of China, she was the visiting scholar of Harvard Business School (HBS) and the University of Michigan. Yi has designed and taught a MBA course on capital market, and her research interests include pension system reform, capital markets, corporate investment, and financing strategies.

December 2014 | 240 pages | US$148 | Hardback Cloth: 978-1-62320-036-7 eBook: 978-1-62320-065-7 (PDF)

Building theoretical models to explain how China benefits from the spillover effect and upgrades in global value chains (GVCs)

Explaining Chinese enterprises’ outward FDI motives supported by examples from China’s manufacturing, auto and IT industries

China has significant influence on international trade and global economic patterns. Having a clear perspective on China’s outward FDI strategies and motivations is vital for policymakers, economists as well as those doing business in China. China’s Outward Foreign Direct Investment: Theories and Strategies offers a thorough and timely look at China’s outward FDI and the pace of the country’s continued growth.

TABLE OF CONTENTS Chapter 1 Introduction Chapter 2 Theoretical Review of the GVC and Technology Acquisition through Outward FDI Chapter 3 China's Status in the GVC: Evidence from the Manufacturing Industry Chapter 4 The Development and Characteristics of China's Outward FDI Activities Chapter 5 The Application of General Equilibrium Analysis in China’s Outward FDI and Upgrading in the GVC Chapter 6 Mechanism for China’s Upgrading in the GVC through Outward FDI Chapter 7 Statistical and Empirical Analyses of China’s Technology-Sourcing Outward FDI and Its Entry Modes Chapter 8 Statistical and Empirical Analyses of the Reverse Technology Spillovers of Outward FDI on China Chapter 9 China’s Outward FDI and Upgrading in GVCs: Evidence from the Automotive and IT Industries

ABOUT THE AUTHOR Hong Zhang is a Professor at the School of Economics at Shandong University and a member of the China Association of International Trade. Her fields of interest are international direct investment, international economics, and international trade. Her academic works also include: Transnational Companies Outward FDI and the Market Structure of Host Countries (2006), Empirical Analysis of the Influencing Factors of the Sino-Korea Intra-industry Trade (2006), and other works.

33


International Economics

International Economics Internationalization of the RMB 2013 Annual Report International Monetary Institute (IMI)

International Monetary Institute’s authoritative research of the RMB global convertibility Drawing upon the latest government data, Internationalization of the RMB: 2013 Annual Report is a firsthand look at China’s current RMB policy and goals for full Renminbi (RMB) convertibility in the near-future. The work of International Monetary Institute (IMI), this book provides a clear picture of the RMB Internationalization Index (RII), offers recommendations and insights into the direction of China’s currency reform, and explains the Triffin Dilemma and its connection to China’s path for full internationalization of the RMB. Internationalization of the RMB: 2013 Annual Report is the first book to examine the history of China’s drive for RMB internationalization as well as the current status of RMB.

ABOUT THE AUTHOR Established in 2009, the International Monetary Institute is a non-profit academic institution affiliated with the School of Finance of Renmin University and the China Financial Policy Research Center. Using a macro finance model, the Institute follows the principle of including both Chinese and Western concepts along with a precise and practical academic spirit. Aiming to build a world-class monetary financial think-tank focusing on the study of international financial theory, strategy, and policy in an international and professional manner, the Institute is dedicated to cutting-edge theoretical research on the internationalization of the RMB, reform of the international monetary system, regional monetary and financial cooperation, China's international financial strategies, and other macro-financial theories and policies. The Institute's Advisory Board includes: Mr. Ning Su, former deputy-governor of the People s Bank of China and the Chairman of China UnionPay Mr. Gongsheng Pan, Deputy-Governor of the People's Bank of China

June 2014 | 392 pages | US$148 | Hardback Cloth: 978-1-62320-096-1 eBook: 978-1-62320-097-8 (PDF)

Internationalization of the RMB: 2013 Annual Report | ISBN: 978-1-62320-096-1

Professor Robert A. Mundell, 1999 Nobel Economics Laureate and professor at Columbia University

“For those who want a serious, comprehensive status report on the internationalization of the yuan, there is no better read than The Internationalization of the RMB: 2013 Report. According to The Economist, the ‘Buzz about the rise of China’s currency has run far ahead of sedate reality.’ This volume increases the signal-to-buzz ratio.”

Mr. Chi Kwong Yam, former president of the Hong Kong Monetary Authority

-- Prof. Steve H. Hanke, The Johns Hopkins University

Professor Steve H. Hanke, economist and co-director of the Institute for Applied Economics and the Study of Business Enterprise at Johns Hopkins University

34 TABLE OF CONTENTS Chapter 1 Chapter 2 Chapter 3 Chapter 4

The RMB Internationalization Index (RII) Current Situation of RMB Internationalization RMB Internationalization in the Eyes of the World The Impact of Changes in International Trade Patterns on International Currency Substitution Chapter 5 Trade Balance and RMB Internationalization: A Review of the Triffin Dilemma Chapter 6 Changes in International Trade Patterns and the Share of Cross-Border RMB Trade Settlements Chapter 7 Why the Share of RMB Trade Settlements is Low? Chapter 8 Conclusions and Policy Implications Appendix I Survey of RMB Internationalization Appendix II Timeline of Cross-Border RMB Banking Business Regulations

Professor Ronald I. McKinnon, economist and professor of Stanford University

35


International Economics

International Economics Party Man, Company Man Is China's State Capitalism Doomed? Joe Zhang (Chairman, China Smartpay.)

State capitalism is the new normal in China

TABLE OF CONTENTS

Inefficient and corrupt, the state sector in China is the source of many of the nation's current ills. However, according to corporate financier and bestselling author Joe Zhang, it is fixable. Even amid the rise of private sector capitalism, the government and public in China have faith in the state sector. And now, contrary to the predictions of many experts in the West, China's state sector is rebounding and on track to expand further. In his new book, Party Man, Company Man: Is China's State Capitalism Doomed? Joe shares his firsthand insights into China's SOEs (State-Owned Enterprises) in China, the reasons he left the Communist Party, and his predictions on the future of China's successful and growing state sector.

Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10 Chapter 11 Chapter 12 Chapter 13 Chapter 14 Chapter 15 Chapter 16 Chapter 17

“Joe Zhang has long been one of the most astute observers of China, whether the issue is energy efficiency, macroeconomics or the role of state-owned companies.... This book is a rare firsthand view from inside the machinery of China's vast economy.” April 2014 | 256 pages | US$33 | Hardback

-- Victor Mallet, author of The Trouble with Tigers: the Rise and Fall of SouthEast Asia, and South Asia Bureau Chief of the Financial Times

Cloth: 978-1-62320-095-4 eBook: 978-1-62320-057-2 (PDF)

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“Joe Zhang is the bull in the China shop. An insider who is unafraid to speak his mind and to lock horns with the idiosyncrasies of state capitalism. His latest book is an entertaining and educational look into boardrooms of China business.” --Jeffrey Towson, Professor of Investment at Peking University and author of the #1 best-seller The One Hour China Book “Gripping, well-written, insider's account about the state owned sector in China and the much needed reforms taking place. Few have unveiled the inner workings of the state-owned sector in China in such an entertaining manner as Joe Zhang has. I highly recommend this book for investors, policy makers and anyone interested in knowing the internal plumbing of China's economy.” -- Shaun Rein, Founder China Market Research Group, Author The End of Copycat China: The Rise of Creativity, Innovation, and Individualism in Asia “During his time working in property development from 2006 to 2009, Joe Zhang had a front row seat for China s property boom. It's an experience he draws on in his most recent book, "Party Man, Company Man: Is China's State Capitalism Doomed?" --Dinny McMahon, The Wall Street Journal

Jumping Ship to Canada: A Senior Manager Flees Rejecting a Big Acquisition: Investments Amid Fanciful Projections Horse Trading: Redefining Our Core Business A String of Real Estate Mistakes Managing People: Motivation in an SOE Woes of the Newly Wealthy During China’s Real Estate Frenzy Stress and Anxiety: The Principal-Agent Problem at an SOE Moonlighting: Firing Shots at Two Other SOEs The Party is Everywhere Falling into the Arms of the State: M&As at an SOE Economic Reforms Reversed: The Rise of China’s State Sector They Love the State Sector, Honestly Answering Critics: Case Studies, Facts, and Figures from China’s State Sector What’s Wrong with China’s Private Sector? Unanswered Questions A Way Forward? Muddling Through State Capitalism Works: My Open Letter to President Xi Jinping

ABOUT THE AUTHOR Joe Zhang is chairman of China Smartpay based in Hong Kong. He is the author of the bestseller Inside China’s Shadow Banking: The Next Subprime Crisis and Party Man, Company Man: Is China’s State Capitalism Doomed? published by Enrich Professional Publishing. Zhang was Chairman of Wansui Micro Credit Company in Guangzhou, China, from 2011 to 2012. The Microcredit Association of China named him “Microcredit Person of the Year” in January 2012. Before starting his own business, Zhang worked at The People's Bank of China and investment banks. Zhang was chief operating officer of Shenzhen Investment (604 HK) between 2006-2008. He worked 11 years at UBS as a banker and head of China Research. Prior to this, Mr. Zhang worked at the People’s Bank of China between 1986 and 1989. In the past two decades, Joe's numerous articles have appeared in The New York Times, The Wall Street Journal, Financial Times, Bloomberg and South China Morning Post. Zhang obtained a master’s degree in economics from The Australian National University in 1991.

37


International Economics

International Economics Strategic Priorities

China’s External Economic Relations

China’s Reforms and the Reshaping of the Global Order

Edited by Saili Liu (China Foreign Affairs University) Lin Zhou (China Foreign Affairs University)

Yifan Hu (University of Hong Kong)

Economic relations is an important aspect of international relations. This book provides a comprehensive and systematic examination of China’s external economic relations, offering an up-to-date and well-informed account of its history and development, characteristics, problems, and prospects, focusing on aspects such as China’s openness, external trade and Foreign Direct Investment. China’s economic relations with different countries and regions of the world are also analyzed in detail.

Strategic Priorities: China’s Reform and the Reshaping of the Global order provides key points on how China can use its new economic leverage to shape its long-term outward investment strategies in Africa and in ASEAN countries. It also proposes short-term and long-term measures to ensure the sustainability and solvency of local public financial institutions in China amid mounting government debt. This book assesses China’s latest policies to promote the Renminbi as a world reserve currency amid a global currency war, as well as analyzes China’s national pension system and labor issues in the wake of President Xi’s sweeping reforms.

TABLE OF CONTENTS

TABLE OF CONTENTS

November 2013 | 336 pages | US$38 | Hardback Cloth: 978-1-62320-037-4 eBook: 978-1-62320-052-7 (PDF)

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Part I Economic Leverage: China’s Priorities for the Future Chapter 1 Economic Leverage, the Key to a Rising China’s New Foreign Affairs Strategy Chapter 2 What to Expect When Expecting: Policy Reforms to Bring the Birth of China’s Future Chapter 3 Strategy to Promote the Renminbi as a World Reserve Currency Chapter 4 Diffusing the Ticking Time Bomb: China’s Pension System Chapter 5 China’s Local Government Debt: Save for a Rainy Day Chapter 6 Is China a Real Superpower? Chapter 7 Evolution or Extinction: Amid Rising Labor Costs, What Is the Future for China’s Labor Bonus? Chapter 8 Shale Gas: Powering China’s Future? Part II Chapter 9 Chapter 10 Chapter 11 Chapter 12 Chapter 13 Chapter 14 Chapter 15 Chapter 16 Chapter 17

Looking for the New Sources of Growth: China and the Global Order Looking for the New Sources of Growth Global Impact of the U.S.QE Exit Japan’s Stimulus Policy of Brinkmanship Investment Strategy amid a Global Currency War Reshoring of U.S. Manufacturing: A Ripple or a Ride Approaching China? How Weighty are BRICS? China’s Long-Term Strategy in Africa ASEAN: A Rising Hot Destination for China’s Outbound Investment What Is at Stake with Cybersecurity?

ABOUT THE AUTHOR Yifan Hu is Chief Economist and Head of Research at Haitong International in Hong Kong and a Visiting Fellow at the Peterson Institute for International Economics. Dr. Hu was Chief Economist for CITIC Securities International in Hong Kong, Head of Asian Economics for Natixis in Paris, and Vice President and Strategist for Merrill Lynch in Hong Kong. Before that, Dr. Hu was Assistant Professor at the School of Business and Economics at the University of Hong Kong.

October 2012 | 400 pages | US$158 | Hardback Cloth: 978-981-4332-13-2 eBook: 978-981-4332-11-8 (PDF)

Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10 Chapter 11 Chapter 12 Chapter 13

The External Economic Relations of China and the Global Implications The Foreign Trade of China Foreign Investment and the “Go Global” Strategy International Contracting and Foreign Labor Service Cooperation Economic Relations between China and the United States Economic Relations between China and the European Union Economic Relations between China and ASEAN Economic Relations between China and Japan Economic Relations between China and South Korea Economic Relations between China and India Economic Relations between China and Latin America Economic Relations between China and Africa Economic Relations between China and the Commonwealth of Independent States Chapter 14 China’s Cooperation with Major International Economic Organizations

ABOUT THE EDITORS Saili Liu is a Professor at China Foreign Affairs University received her Master’s Degree from the Paul H. NItze School of Advanced International Studies (SAIS), Johns Hopkins University. She is the author of Highlights of Market Economy, Essentials of Market Economy, etc. She also served as Second Secretary at the Embassy of the People's Republic of China in the U.K., First Secretary at the Consulate General of the People’s Republic of China in Toronto. Lin Zhou is Professor of the Department of International Economics at the China Foreign Affairs University, and Standing Director of the China International Economic Relations Association. He was Dean of Economy and Trade Department at the China Foreign Affairs University. His research and teaching interests include China’s Foreign Economic Relations, International Economic Relations, International Trade and Economics. He is the author of Introduction to International Economic Relations.

39


International Economics

International Economics China-India Cooperation Prospects

Thinking the Inevitable

Edited by Victor F. S. Sit (University of Hong Kong)

China’s Economic Superpower Aspiration in the New Paradigm

A collection of papers presented by 16 respected scholars from China and India at the First Academic Summit on China-India Cooperation held by the China India Fortune Foundation, China-India Cooperation Prospects covers issues such as the economic development of China and India, the possibility of future cooperation between these two countries, and the economic situation in the South Asian region. This book provides new insights into the relations between China and India and it will be an invaluable reference source for scholars, entrepreneurs, and those doing business with or in these two formidable world powers.

Chi Lo (CEO of a major asset management company based in Hong Kong)

This book analyzes the impact and implications of the subprime crisis on China's macroeconomy and policy, covers the risks and obstacles China is facing during economic reform and expansion, reviews the internationalization of the Renminbi, and assess China's future aspirations. It reveals China's capability to become the world's next economic superpower.

TABLE OF CONTENTS

TABLE OF CONTENTS

September 2012 | 272 pp | 7 x 10 | US$128 | Hardback Cloth: 978-981-4402-30-9 eBook: 978-981-4402-31-6 (PDF)

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Chapter 1 A Comparative Study of Economic Reform and Development between China and India Chapter 2 The Prospect of China-India Cooperation and the Special Function of Hong Kong Chapter 3 Economic Growth and Regional Disparities in India: Are the Challenges the Same or Different Compared to China? Chapter 4 Developing China-India Trade Relations and Establishing the Bilateral Free Trade Zone Chapter 5 The Rise of India and Its Pursuit of Great Power Status Chapter 6 China-India Cooperation in the Neighborhood: Opportunities and Challenges Chapter 7 Areas of Convergence and Divergence in India-China Relations Chapter 8 India-China Cooperation: Some Elements for Building Scenarios Chapter 9 India-China Cooperation: Exploring Areas of Cooperation Chapter 10 Emerging Markets in the Dawn: China and India to Play Important Roles in Driving the Demand for Solar Power Chapter 11 The Energy–Poverty–Climate Nexus: A Tale of Two Countries Chapter 12 Engaging China: An Indian Perspective Chapter 13 The China-India “Energy Bottleneck” Breakthrough Strategy and Mutual Cooperation Chapter 14 The Rise of China and India and the Future International Order Chapter 15 China’s International Strategy and Its Relationship with India Chapter 16 Deliberating a “Cross-Regional” Perspective: China, India, and the Emerging World Order

ABOUT THE EDITOR Victor F. S. Sit is the author of Chinese City and Urbanism: Evolution and Development, Chinese Cities: The Growth of the Metropolis Since 1949, Beijing: The Nature and Planning of a Chinese Capital City, China-India Cooperation Prospects, etc.

March 2012 | 176 pp | 6 x 9 | US$78 | Hardback Cloth: 978-981-4298-99-5 eBook: 978-981-4298-98-8 (PDF)

Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9

Superpower in the New Paradigm Taking Stock of China's Structural Changes Spreading the Wings Overseas Internationalizing the Renminbi Macro Victory versus Micro Setback China's Reform at an Inflection Point Is China Ready? Post-Subprime Constraints: Inside Out Aspirations and the Future

ABOUT THE AUTHOR Chi Lo is CEO of a major asset management company based in Hong Kong. Previously, he was the Asia-Pacific Research Head for British private property fund Grosvenor; Asia Chief Economist and Strategist at Standard Chartered Bank and HSBC.

41


Law

Law Research Report on the Socialist Legal System with Chinese Characteristics Edited by Jingwen Zhu (Renmin University of China) Dayuan Han (Renmin University of China)

The culmination of a five-year project of 52 leading legal experts in China This series provides a comprehensive overview of the current legal framework in China, covering all seven of the nation’s major legal branches: the Constitution and its related laws; Administrative Law; Criminal Law; Civil and Commercial Law; Social Law; Economic Law; and Procedural Law and Nonprocedural Law. The five volumes detail the development history of the Chinese legal system to explain how it has evolved into its current form. The series also explores the unique pros and cons of the Socialist legal system’s “Chinese characteristics.”

TABLE OF CONTENTS Volume 1: Overview: Framework of the Socialist Legal System with Chinese Characteristics

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5-Volume Set

The Foundation of the Formation of the Socialist Legal System with Chinese Characteristics: Legislative Practice and Jurisprudential Study

August 2013 | 944 pages | US$798 | Hardback

Historical Development of the Structure of the Legal System

Cloth: 978-981-4339-62-9

Public Law and Private Law in Contemporary China

eBook: 978-981-4339-65-0 (PDF)

Substantive Law and Procedural Law in Contemporary China

Volume 1

The Structural Analysis of the Socialist Legal System with Chinese Characteristics: The Legislation Quantity and the Degree of Systematization

January 2013 | 184 pages | 7 x 10 | US$168 | Hardback

The Constitution and the Related Laws

Cloth: 978-981-4332-45-3

The Development and Changes of China's Constitution and Legal System

eBook: 978-981-4339-63-6 (PDF)

Role of the Constitution in the Construction and Development of China's Legal System

Volume 2 February 2013 | 200 pages | 7 x 10 | US$168 | Hardback Cloth: 978-981-4339-58-2

Prospect of the Constitution in the Construction and Development of the Legal System Strengthening the Constitution's Status as the Foundation in the Construction and Development of China's Legal System

eBook: 978-981-4339-66-7 (PDF)

Volume 2: Administrative Law

Volume 3

The Construction of the Administrative Law System in China

March 2013 | 240 pages | 7 x 10 | US$168 | Hardback

The Basic Principles of Administrative Law in China

Cloth: 978-981-4339-59-9 eBook: 978-981-4339-69-8 (PDF)

Volume 4 May 2013 | 152 pages | 7 x 10 | US$168 | Hardback Cloth: 978-981-4339-60-5 eBook: 978-981-4339-72-8 (PDF)

Volume 5 August 2013 | 168 pages | 7 x 10 | US$168 | Hardback Cloth: 978-981-4339-61-2 eBook: 978-981-4339-75-9 (PDF)

The Structure of China's Administrative Law System Criminal Law: The Substantive Criminal Legal System The Fundamental Principle of the Construction of the Substantive Criminal Legal System Brief History of the Development of the Substantive Criminal Legal System in Modern China Suggestions for the Improvement of China's Existing Substantive Criminal Law System

Volume 3: Civil and Commercial Law Volume 4: Economic Law Economic Law Environmental Law Social Law Volume 5: Procedural and Nonprocedural Laws Section 1: Criminal Procedure Law Section 2: Civil Procedure Law Section 3: Nonprocedural Law

ABOUT THE EDITORS Jingwen Zhu is a Professor in legal theory at the China Law School at the Renmin University of China, and a Board Member of the China Law Society. He was a visiting scholar of the William S. Richardson School of Law at the University of Hawaii and a Fulbright Scholar at the University of Wisconsin Law School. In 2005 he was elected as a Distinguished Contemporary Chinese Jurist. He is the author of A Study on Jurisprudence (2006), Report on China's Law Development, etc. Dayuan Han is Professor of Constitutional and Administrative Law and the Dean of the China Law School at the Renmin University of China. He is the Executive Director of the China Law Society. And he was a visiting scholar at Harvard University and Kyoto University. In 2005, he was elected as a Distinguished Contemporary Chinese Jurist. He is the author of The Constitution of 1954 and the Constitutionalism in China (2008), The Basic Theory of Constitution (2008).

43


Macroeconomics

Macroeconomics Enrich Annual Economic Review China’s Economy

Theoretical System of China's Macroeconomic Analysis

The Institute of Economic Research of the Renmin University of China

Chaoyu Zheng (Renmin University of China)

The four volumes in this new series summarize China’s economic figures for 2009, 2010, 2011, and 2012, monitor major economic trends in China, and identify global trends impacting China’s national economy.

First Proposal of the Macroeconmic Analysis and Forecasting Model of China (CMAFM) This book analyzes China’s current macroeconomic situation (high savings, investment, and economic growth rates), and looks at other topics such as external demand-driven economic fluctuations, structural and cost-push inflation, and economic structural change. Additionally, the author examines the effects of China’s monetary policy and China’s experience in demand management. Finally, the book applies numerous data and economic models (the AD—AS Model, the Purchasing Power Parity Theory, and the CMAFM Model) to the analysis of China’s macro-economy.

The 2009 volume examines Chinese monetary and fiscal policies following the financial crisis, the relationship between fiscal policy and economic fluctuations, the adjustment path of the American trade deficit, and the “outstanding results” China has achieved in cutting carbon emissions per capital compared to developed countries. The 2012 volume focuses on international comparisons of economic growth models as inspiration for China to pursue continuous and healthy rapid economic development.

First proposal of the Macroeconmic Analysis and Forecasting Model of China (CMAFM) as a means to analyze China’s macroeconomy and predict the future soft landing of the Chinese economy

Most accurate calculation and full range of statistics of China’s core inflation trends from 1980 to 2018

May 2013 | 224 pages | 7 x 10 | US$128 | Hardback

Latest research results on China's open economy based on the AD-AS Model, the Purchasing Power Parity Theory, and the IS-LM-AS Model

Cloth: 978-981-4402-33-0

Theoretical policy recommendations on China’s interest rates, exchange rates, and endogenous economic fluctuations.

China’s Economy 2009 March 2011 | 312 pages | US$118 | Cloth: 978-981-4298-67-4 | eBook: 978-981-4298-68-1 (PDF)

4-Volume Set December 2014 | 1416 pages | 7 x 10 | US$534

• Chinese Macro-economic Landscape and Policies in 2009 • Overall Analysis on Chinese Macro-economy in 2009 • Economic Cycle, Inflation Cycle and Stock Market Cycle

Cloth: 978-1-62320-035-0 eBook: 978-1-62320-062-6 (PDF)

China’s Economy 2010 November 2011 | 408 pages | US$148 | Cloth: 978-981-4339-33-9 | eBook: 978-981-4339-36-0 (PDF)

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• China's Core Inflation Estimate from a Perspective of Forecast • Redoubling Residents' Income and China's Economic Growth • Financial System Reform of the 12th Five-Year Plan

China’s Economy 2011 August 2012 | 368 pages | US$148 | Cloth: 978-981-4339-42-1 | eBook: 978-981-4339-45-2 (PDF) • Overall Analysis on China's Macro-economy 2011 • Liquidity in the Financing Structure Variation • China's Economic Growth vs. Its Aging Population

China’s Economy 2012 December 2014 | 440 pages | US$148 | Cloth: 978-162-3200-34-3 | eBook: 978-162-3200-61-9 (PDF) • Analysis of Factors Affecting China's Potential Growth Rate • Future Trends of China's Economic Growth and Response Strategies

ABOUT THE AUTHOR The Institute of Economic Research of the Renmin University of China is an academic institution engaged in research on China’s macroeconomic dynamics and major economic issues. It commissions a number of macroeconomists to study China’s macroeconomic trends and cutting-edge economic issues.

eBook: 978-981-4402-34-7 (PDF)

TABLE OF CONTENTS Part 1 AD-AS Model Chapter 1 China’s AS Function and AD Function Chapter 2 Statics and Dynamics of China’s AD-AS Model Part 2 Growth and Inflation Chapter 3 Mode, Structure and Efficiency of China’s Economic Growth Chapter 4 China’s Structural Inflation and Cost-Push Inflation Part 3 Open Economy Chapter 5 Demand Driver and International Coupling of China’s Economic Fluctuation Chapter 6 Dynamic Purchasing Power Parity Theory: Concept, Evidence and Prediction Part 4 Demand Management Chapter 7 China’s Macroeconomic Analysis and Forecasting Model: CMAFM Model Chapter 8 Hysteresis, Multiple Equilibrium and Reverse Soft-Landing: China’s Experience in Demand Management Chapter 9 Rules and Effects of China’s Monetary Policy

ABOUT THE AUTHOR Chaoyu Zheng is Professor of Economics at the Renmin University of China. He was a Visiting Research Scholar of The Fulbright Program of the U.S. in 2004 and 2005. He was also selected as one of the "New Century Excellent Scholars" by the Ministry of Education of China. He is the author of Non-equilibrium Development of China's Economy,Measurement of the Effects of Monetary Policies,Research on the Economy of Speed, Research on China's Inflation and Capital Inflow, and other works.

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Monetary Policy

Monetary Policy Managing Inflation in China Current Trends and New Strategies Yuanchun Liu (Renmin University of China)

What is the impact of the Renminbi exchange rate on China’s Inflation? Managing Inflation in China: Current Trends and New Strategies looks at the current levels of inflation in China and offers predictions for the near-future. The authors survey the trends of the recent past and use a full range of statistics from the last 10 years to offer a frank assessment of current inflationary policy in China. Reveals the internal causes of inflation by highlighting:

2-Volume Set December 2014 | 536 pages | US$224 | Hardback Cloth: 978-1-62320-041-1 eBook: 978-1-62320-068-8 (PDF)

Volume 1

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February 2014 | 232 pages | 7 x 10 | US$118 | Hardback

Links between the Flexible Renminbi (RMB) Exchange Rate and Inflation

False Transmission between CPI and PPI

Price Fluctuations of Bulk Commodities and Inflation

In an era where the Renminbi is poised to potentially become a globally traded reserve currency, an awareness of the risks of China’s inflationary policy is essential. Managing Inflation in China: Current Trends and New Strategies is the first of two invaluable works on this vital topic for those doing business in China today.

“The first volume of Managing Inflation in China: Current Trends and New Strategies illustrates a main strand of Chinese economic research. It is ambitious in scope and seeks to integrate both Chinese and foreign work. For those not intimately familiar with the Chinese economy, Chapter 3 is especially valuable. It correctly upends conventional views about the role of the money supply, emphasizing the crucial role of lending to producers.”” -- Derek Scissors, PhD, Resident Scholar, American Enterprise Institute

Cloth: 978-1-62320-000-8 eBook: 978-1-62320-056-5 (PDF)

TABLE OF CONTENTS

Volume 2

Volume 1: Part 1: Overview Chapter 1 New Characteristics, Mechanisms, and Policy Responses Chapter 2 China Inflation under Domestic and International Impacts

December 2014 | 328 pages | 7 x 10 | US$118 | Hardback Cloth: 978-1-62320-040-4 eBook: 978-1-62320-067-1 (PDF)

Part 2: Chapter 3 The Relationship between China's Currency and Inflation: An Endogenous Money Perspective Chapter 4 The False Transmission between CPI and PPI and Its Rectification: A Relatively Robust Empirical Framework Chapter 5 Explaining Price Increases of Agricultural Products with the Circulation System Chapter 6 How International Agricultural Product Prices Affect China's Agricultural Product Prices Part 3: Chapter 7 The Influence of the International Bulk Commodity Trade on China's Economy: An Analysis Based on International Comparison and Long-Term Development Chapter 8 Analysis of the Changes in China's Terms of Trade under Increased Flexibility of the Renminbi Exchange Rate

Volume 2: Part 4: Chapter 9 Chapter 10 Chapter 11 Chapter 12 Chapter 13 Chapter 14

Effects of Price Increase of Primary Commodities on China's Economy Effects of Wage Increase on China’s Economy: An Empirical Study Based on Input-Output Data Effects of China’s Wage Level on Industrial Upgrading Research on Regional Industrial Restructuring under Increasing Labor Remuneration Changes in the Trade Structure under Increasing Labor Costs Business Cycle, Inflation Cycle, and Stock Cycle

Part 5: Chapter 15 Wealth Redistribution under Inflation: Comparative Studies of China and the United States Chapter 16 A Study of Heterogeneity in China’s Welfare Costs of Inflation Part 6: Chapter 17 Re-estimation of China’s Urban CPI Based on Several Calculation Methods of Owner-Occupied Housing Chapter 18 Estimation of China’s Core Inflation from the Perspective of Inflation Forecasting: With a Weighting Based on Persistence Chapter 19 Which Type of Inflation Measure is Most Suitable for the Intermediate Targets of China’s Monetary Policy?: An Answer from the Perspective of Inflation Forecasting Chapter 20 The Coordination between Global Monetary Policy Adjustments and China’s Monetary Policy

ABOUT THE AUTHOR Yuanchun Liu is the Associate Dean of the School of Economics and Associate Director of the Institute of Economic Research, Renmin University of China. He is also the Director of China Society of World Economics. He is the author of Renminbi Exchange Rate and China's Monetary Policies (2005), Framework of Open Macroeconomic Research (2005), China's CGE Model and the Renminbi's Exchange Rate Depreciation (2006), Macroeconomic Analysis and Forecasts: 2007-2008, and other works.

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Monetary Policy

Monetary Policy Enrich Series on Chinese Currency Reform Zhang Jie (Renmin University of China) Li Xiao (Jilin University) Ding Yibing (Jilin University) Kamikawa Takao (Yokohama National University)

Managing Inflation in China: Current Trends and New Strategies looks at the current lThis series explores the relationship between Chinese banking system reform, regionalization and internationalization of the Renminbi, as well as the possible cooperation between the Renminbi, the Yen, and other Asian currencies. Additionally, the series provides the first comprehensive study of Renminbi internationalization by experts in China and analyzes the currency reform that China will undertake in the current global economy

“Enrich Professional Publishing makes important economic books written in Chinese (in China) accessible for an English-reading audience. For the first time, an ‘inside perspective’ of the Chinese economic discourse is offered to professional economists everywhere.”

3-Volume Set

-- Henrique Schneider, Chief Economist, Swiss Federation of Small and Medium Enterprises

November 2011 | 967 pages | US$374 | Hardback Cloth: 978-981-4339-06-3

TABLE OF CONTENTS

eBook: 978-981-4339-09-4 (PDF)

Volume 1 Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5

Volume 1

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March 2011 | 264 pages | 7 x 10 | US$118 | Hardback Cloth: 978-981-4298-73-5 eBook: 978-981-4298-74-2 (PDF)

Volume 2 October 2011 | 384 pages | 7 x 10 | US$138 | Hardback Cloth: 978-981-4339-04-9 eBook: 978-981-4339-07-0 (PDF)

Volume 3 November 2011 | 360 pages | 7 x 10 | US$138 | Hardback Cloth: 978-981-4339-05-6 eBook: 978-981-4339-08-7 (PDF)

Internationalization of the Renminbi: History, Theories and Policies Trading Structure, Frequency and Monetary Standard The Dilemma of China’s Currency Standard The Micro-Financial Foundation of China’s High Monetization Special Banking System Structure and Renminbi “Exogeneity” The Dilemma between Trade Expansion and the Renminbi Exchange Rate Regime Chapter 6 Commercialization of the Banking System and the Logic of Renminbi Internationalization Volume 2 Chapter 1 Chapter 2 Chapter 3 Chapter 4

Regionalization of the Renminbi Currency Internationalization and Regionalization The Regionalization of the RMB Feasibility Analysis of RMB Regionalization Development Direction for RMB Regionalization

Volume 3 PART I Chapter 1 Chapter 2

Cooperation between the Renminbi and the Yen The International Monetary System and the East Asia An Overview of the Global Financial Crisis and the Future of Asia The Financial Crisis and Asia: Impact, Connection and Challenge

PART II The Internationalization of the Japanese Yen Chapter 3 The Internationalization of the Japanese Yen—Its Asian Strategy Chapter 4 The Development and Strategic Adjustment of the Internationalization of the Japanese Yen Part III The Emerging of the RMB Chapter 5 The RMB Asianization and Internationalization Strategies Chapter 6 The RMB and the East Asian Currency System PART IV The Present and Future of Asian Monetary Cooperation—The Cooperation between China and Japan Chapter 7 Asian Monetary Cooperation and Sino–Japan Coordination Chapter 8 The Asian and the International Monetary and Financial System

ABOUT THE AUTHORS Jie Zhang is Professor and Deputy Head of the School of Finance, and the Head of the International Currency Research Institute at Renmin University of China. His research areas include financial systems and China’s financial system and development. Xiao Li is Professor and Deputy Dean of the School of Economics, and Researcher of the Research Center on China Public Sector Economy at Jilin University. He is also the Vice Chairman of the China Society of World Economics, and Chairman of Sino-US Economy Society. His main research focus is the international and East Asian economic development. Yibing Ding is Professor of the School of Economics, and Researcher of the China Public Sector Economy Research Center at the Jilin University. He is also a Committee Member of the China Society of World Economics. He is the author of Choices of Exchange Rate Regime in the Economic Development, the Asianization of the Renminbi, etc. Kamikawa Takao is Professor in International Economics of the Faculty of Economics at the Yokohama National University. His research covers international finance, monetary history, and comparative monetary policies.

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Monetary Policy

Property China's Exchange Rate Variation

Land and the Ruling Class in Hong Kong

Impacts on Industrial Restructuring

Second Edition

Kejian Gu (Renmin University of China)

Alice Poon

Jia Yu (Renmin University of China)

An insider’s view on how Hong Kong’s land system, inherited from the British, has helped to create unrivalled wealth for the ruling class, how the lack of competition law has encouraged industrial and economic concentration in the same entities, and how these factors have given rise to a host of social and economic ills. The Chinese version has become the bestseller of non-fiction titles in Hong Kong in 2010. This second edition has been thoroughly updated using the most current economic data from 2010 and featuring the addition of a new prologue.

Explores the Impact of RMB Exchange Rate Fluctuations on China’s Industry and Economy China’s Exchange Rate Variation: Impacts on Industrial Restructuring analyzes China’s current industrial restructuring as it is affected by exchange rate variations. Using the three transmission paths of China’s exchange rate variation as the basis of their research, authors Gu Kejian and Yu Jian examine the link between the RMB exchange rate and the overall industrial restructuring of China. Looking at the trends of China's exchange rate, and the reforms of the system, the authors determine how these factors shape industrial restructuring efforts. China’s Exchange Rate Variation: Impacts on Industrial Restructuring also offers practical suggestions which will allow China to gain “comparative advantage” on its path to industrial restructuring. Using the latest theories and methods of analysis, authors Gu Kejian and Yu Jian highlight the clear connections between China’s currency exchange rate policy and the nation’s industrial patterns. January 2012 | 272 pages | 7X10 | US$118 | Hardback Cloth: 978-981-4298-34-6 eBook: 978-981-4298-35-3 (PDF)

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TABLE OF CONTENTS Preface Chapter 1 Introduction: Subject and Methods Chapter 2 Relevant Theories of Exchange Rate Variation and Industrial Restructuring Chapter 3 China’s Industrial Restructuring in the Context of Comparative Advantage: Exchange Rate and Gains from Trade Chapter 4 Introduction of Development and Openness Variables: The Long-term Trend of China’s Exchange Rate Inclining to Comparative Advantage Chapter 5 Path Analysis of Changes in China’s Exchange Rate Leading to Industrial Restructuring Chapter 6 Interdependence of China’s Exchange Rate System Reform and Industrial Restructuring Chapter 7 China’s Exchange Rate Reform That Meets the Objectives of Industrial Restructuring

ABOUT THE AUTHORS Kejian Gu is a Professor at the School of Business at Renmin University of China. His areas of expertise are international trade theory and policy. He has published many papers in academic journals such as the Journal of Economic Research and The World Economy. Jian Yu is a PhD in Economics and an Assistant Analyst at the Department of Business Management of the People’s Bank of China. His areas of expertise include the world economy, industrial economics, and the monetary policy of the central bank. He has published several academic papers in The International Trade Journal and The Journal of Financial Research.

TABLE OF CONTENTS

December 2010 | 208 pages | US$78 | Hardback

Prologue Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6

The Ruling Class Land and Power Money-Spinners vs. Public Interest Land and Competition Social and Economic Ills Possible Solutions

Cloth: 978-981-4339-10-0

ABOUT THE AUTHOR

eBook: 978-981-4339-52-1 (PDF)

Alice Poon spent a total of 20 years in the real estate industry, 17 of which were with two property developers in Hong Kong. She worked for 8 years as a Personal Assistant to Kwok Tak Seng, the late Chairman and founder of the Sun Hung Kai Properties Group in Hong Kong. In the 1990s, she joined another property developer, Kerry Properties, and was responsible for land and property valuation and acquisition. She was also involved in rezoning application and lease modification procedures. In 2000- 2001, she worked as a senior financial journalist, analyzing the property companies and market in Hong Kong. Since the autumn of 2003 she has been living and working in British Columbia, Canada.

51


Public Finance

Reference Growth without Crisis

Chinapedia

China's Financial Policy Research Center, Renmin University of China

Edited by Jun Feng (Renmin University of China)

Focusing on the roles of China’s financial system as a promoter and stabilizer of the country’s economic growth, this title decodes the concept of 30-year economic “crisisfree growth” in China and explores the fiscal and financial reasons for such growth. It also examines China’s economic growth through the explanation of the relationship between economic growth, fiscal decentralization, local government behavior and taxation, and the evaluation of the political and economic mechanisms of exchange rate reform.

A 700-page comprehensive and authoritative guide to everything you need to know about China, written and compiled for 7 years by the most knowledgeable scholars in their respective fields of expertise. With 9 broad sections and nearly 1000 entries, this encyclopedia provides a panoramic account of China’s geography, history, politics, economy, law and legal system, foreign relations, scientific and technological achievements, education, culture, art, and religion.

TABLE OF CONTENTS

TABLE OF CONTENTS

Chapter 1 Chapter 2 Chapter 3 Chapter 4

Section 1 Section 2 Section 3 Section 4 Section 5 Section 6 Section 7 Section 8 Section 9

Chapter 5

September 2011 | 448 pages | US$148 | Hardback Cloth: 978-981-4298-32-2 eBook: 978-981-4298-33-9 (PDF)

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Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10 Chapter 11 Chapter 12 Chapter 13

Fiscal Decentralization, Local Government Behavior and Economic Growth High-speed Growth of Taxation in China--Tax Capacity and Tax Effort Tax Burden in China--A Multi-perspective Analysis Re-interpretation of the Modern Financial System in China--Theory and Choices Based on the Reality of China's Endowment The Effects and Transmission Mechanism of the China’s Monetary Policy-An Analysis Based on SVAR China’s High Monetization Capital Fund of China’s State-Owned Banks China’s Agricultural Credit System The Renminbi (RMB) Equilibrium Exchange Rate--Theoretical Origin and the Political Economy of Exchange Rate Are Chinese Peasants Credible? Abnormal Relations between Stock Market and Economic Growth Preference of Chinese Listed Companies for Equity Financing Backward Development of the Chinese Bond Market--An Analysis Based on Corporate Bonds

ABOUT THE AUTHOR China’s Financial Policy Research Center, Renmin University of China has conducted a series of studies on important financial issues in China, such as fiscal and monetary policies, rural financial reforms, venture investment, financial management and economic development, design of the public financial framework, governance structure of commercial banks, opening up of the capital market, and other related issues.

March 2013 | 630 pages | US$198 | Hardback Cloth: 978-981-4332-54-5 eBook: 978-981-4332-15-6 (PDF)

Geography Ancient and Imperial History Modern and Contemporary History Politics Economy Law Diplomacy Science and Technology Art, Culture, and Religion

ABOUT THE EDITOR Jun Feng is the former Vice President at the Renmin University of China, Professor and Dean at the School of Philosophy of the Renmin University of China, and Standing Vice Dean of the China Executive Leadership Academy. He was also a Senior Visiting Scholar at Oxford University in 1994. His areas of research cover Western philosophy, humanities, and cultural exchange. He has published several books, and more than fifty articles in renowned periodicals and key academic magazines in China.

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Regional Economics

Rural Development Structural Reform in China’s Regional Governments

Rural Development in China

Qingwang Guo (Renmin University of China)

Yilong Lu (Renmin University of China)

The Rise of Innovative Institutions and Markets

Junxue Jia (Renmin University of China)

Fresh perspectives on China’s rural development and the rise of innovative institutions

How will fiscal decentralization affect China’s regional governments?

Rural Development in China: The Rise of Innovative Institutions and Markets 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, Rural Development in China: The Rise of Innovative Institutions and Markets offers suggestions on how to stimulate rural socioeconomic growth and lead China down a path to future economic success.

Based on a thorough review of the current data, the theoretical framework of the authors provides for a meta-analysis of 30 years of data of 30 provinces and more than 1,000 counties using multiple econometric models. In light of the changes in fiscal decentralization after the 1994 introduction of the tax assignment system and the 2002 income tax reform, the authors analyze the substantial socioeconomic impact of the intricate intergovernmental fiscal relationships and the reform of the regional government administrative structure. This set, in two volumes, presents the objective and scientific findings of the latest research in China. This series also uses two econometric models (System GMM and 2SLS regression) to:

2-Volume Set July 2014 | 480 pages | US$224 | Hardback Cloth: 978-1-62320-043-5 eBook: 978-1-62320-064-0 (PDF)

Volume 1

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May 2014 | 256 pages | 7 x 10 | US$118 | Hardback Cloth: 978-1-62320-001-5 eBook: 978-1-62320-058-9 (PDF)

Volume 2 July 2014 | 260 pages | 7 x 10 | US$118 | Hardback Cloth: 978-1-62320-042-8 eBook: 978-1-62320-063-3 (PDF)

• • •

Outline the financial self-sufficiency of China’s low-level governments Predict less dependency on low-level governments for public expenditure Explain China’s unique direct provincial financial management system

TABLE OF CONTENTS Volume 1: Chapter 1 Introduction Chapter 2 Literature Review Chapter 3 Analysis Framework for the Evolution of the Size and Structure of Regional Governments Chapter 4 Evolution of the Size and Structure of Provincial Governments Chapter 5 Evolution of the Size and Structure of County-Level Governments Volume 2: Chapter 6 Optimization of the Size and Structure of Regional Governments from the Perspective of Economic Growth Chapter 7 Optimization of the Size and Structure of Regional Governments from the Perspective of Economic Stability Chapter 8 Optimization of the Size and Structure of Regional Governments from the Perspective of Income Distribution Chapter 9 Optimization of the Size and Structure of Regional Governments from the Perspective of Social Welfare Annex 1 Analysis of the Dynamic Factors Affecting the Economic Cycles of China’s Provinces Annex2 The Effects of Intergovernmental Arrangement of Fiscal Responsibilities on Regional Economic Growth

ABOUT THE AUTHORS Qingwang Guo is the Dean of the School of Finance, Renmin University of China, and the Vice-President of the Chinese Tax Institute. Guo's work covers public finance and taxation, macroeconomic theory, and policies. He is the author of The Effectiveness and Fade-Out Strategy of Active Fiscal Policy (2007), Corporation Tax: International Comparison (1996), and Active Fiscal Policy and Monetary Policy (2004). Junxue Jia is the Deputy Head of the School of Finance, Renmin University of China. Jia was also the Chairman of the Chinese Finance Society.

TABLE OF CONTENTS

3-Volume Set October 2015 | 472 pages | US$308 | Hardback Cloth: 978-1-62320-088-6 eBook: 978-1-62320-089-3 (PDF)

Volume 1 December 2014 | 125 pages | 7 X 10 | US$108 | Hardback Cloth: 978-1-62320-082-4 eBook: 978-1-62320-083-1 (PDF)

Volume 2 April 2015 | 153 pages | 7 x 10 | US$108 | Hardback

Volume 1: Preface Chapter 1 Institutional Innovations and Rural Market Development Chapter 2 Demands on Institutions, Institutional Supply, and Rural Development of China Chapter 3 Reform of the Urban-Rural Dual Structure and China’s Rural Development Chapter 4 Farmland Expropriation and the Reform of the Rural Land System Volume 2: Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10 Chapter 11

Guided Institutional Change and Rural Market Development Institutional Innovation and New Factor Markets in Rural China Braving the Market: Occupational Transitions of Agricultural Labor Farmers' Market Consciousness and Its Impacts Farmland Usage and Its Impacts Evolution of Rural Marketing Entrepreneurial Talent for the "Three Rurals" and New Rural Development

Volume 3

Volume 3: Chapter 12 Chapter 13 Chapter 14 Chapter 15

October 2015 | 114 pages | 7 x 10 | US$108 | Hardback

ABOUT THE AUTHOR

Cloth: 978-1-62320-084-8 eBook: 978-1-62320-085-5 (PDF)

Cloth: 978-1-62320-086-2 eBook: 978-1-62320-087-9 (PDF)

Rural Development in China: 1949–2009 Market Transition and Changes in Rural Class Structure Post-Earthbound China and Its Development Dilemmas Innovations in Market Institutions and Recent Rural Developments in China

Yilong Lu is the Deputy Director of the Research Center of Sociological Theory and Method, Renmin University of China. He is an Associate Professor in the post-doctoral program of sociology in Renmin University of China.

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Taxation An Introduction to China’s Taxation Edited by Hong Yang (Central University of Finance and Economics)

This book provides a comprehensive analysis of China’s tax system, including the latest changes in the country’s methods of taxation. The book details the current tax system with a focus on tax rates, taxpayers, tax incentives, and specific taxation. The book covers 9 tax types, including value added tax, consumption tax, business tax, customs duty, enterprise income tax, individual income tax, resource taxes, property taxes, and taxes for special purposes.

TABLE OF CONTENTS

February 2012 | 400 pages | US$138 | Hardback Cloth: 978-981-4332-01-9 eBook: 978-981-4332-00-2 (PDF)

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Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10

An Overview of Taxation Value Added Tax Consumption Tax Business Tax Customs Duty Enterprise Income Tax Individual Income Tax Resource Taxes Property Taxes Taxes for Special Purposes

ABOUT THE EDITOR Hong Yang is the Dean and Professor at the School of Taxation in the Central University of Finance and Economics. Her research covers taxation policies, taxation planning and enterprise taxation. She is the author of Research on the Reform of Individual Tax System (2010), Empirical Studies on the Effects of Taxation on the Income Distribution (2010), and chief editor of China's Taxation (2010), The Tax Law (National-Level Textbook), etc.

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Art The History and Spirit of Chinese Art Fa Zhang (Renmin University of China)

Unveils the evolution of art in ancient China Art is always a product of cultural evolution, and The History and Spirit of Chinese Art looks at this universal process as it unfolded in ancient China. With “mountain-water” landscape paintings, works of classical Chinese calligraphy, and blue and white porcelain widely displayed in museums and fetching high prices in auction houses worldwide, Chinese art is no longer foreign to the Western world. However, to many, the making of such cultural artefacts remains an enigmatic process. Indeed, Chinese art, the product of such an old civilization, was shaped by an ongoing process of evolution along the ebbs and flows of China’s history as a nation. In The History and Spirit of Chinese Art, aesthetics expert Zhang Fa deciphers the philosophies and thoughts that have defined Chinese art since the very beginning of the Chinese civilization, moving through the dynastic landmarks of artistic development with discussions of numerous art forms including paintings, architecture, dance and music, calligraphy, and literature.

NEW 2-Volume Set December 2015 | 414 pages | US$224 | Hardback Cloth: 978-1-62320-129-6 eBook: 978-1-62320-130-2 (PDF)

Volume 1 December 2015 | 212 pages | US$118 | Hardback Cloth: 978-1-62320-125-8 eBook: 978-1-62320-126-5 (PDF)

Volume 2 December 2015 | 202 pages | US$118 | Hardback Cloth: 978-1-62320-127﹣2

SILKROAD PRESS Silkroad Press is a humanities imprint of Enrich Professional Publishing. Our list is broadly focussed on Chinese culture and studies, history, journalism, art, philosophy, religion, art and literature. By partnering with universities in China and Hong Kong, Silkroad Press has become the leading publisher to translate and publish the work of renowned Chinese scholars. Our goal is to promote a better understanding of contemporary China through studying its past and heritage.

eBook: 978-1-62320-128﹣9 (PDF)

TABLE OF CONTENTS Volume 1: Chapter 1 Chapter 2 Chapter 3

From Pre-history to the Tang Dynasty Permutations in the Ancient World The Grand Ambition of the Qin and Han Dynasties The Glorious Ambience of the Tang Dynasty

Volume 2: From the Song to the Qing Dynasty Chapter 4 The Artistic Mentality of the Song Dynasty Chapter 5 The Artistic Interest of the Yuan, Ming, and Qing Dynasties

ABOUT THE AUTHOR Fa Zhang is Professor of the School of Art and President of the Institute of Aesthetic Research, Renmin University of China. Currently, he sits on the Board of the Chinese Association for Aesthetics and Chinese Comparative Literature Association. He has published influential research papers and books on aesthetics and Chinese art, including The Elements of Aesthetics (1999), A History of Chinese Aesthetics (2000), and Art, Literature, and the Modernity of China (2002).

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Cultural Studies

Cultural Studies The Phenomenon of Chinese Culture at the Turn of the 21st Century

The Humanistic Values of the Beijing Olympics

Fanhua Meng (Shenyang Normal University)

Huiling Feng (Renmin University of China)

Decodes contemporary Chinese culture

Provides an understanding of Chinese values through the Beijing Olympic Games

This book decodes contemporary Chinese culture. It uses a multi-directional scan of contemporary China's cultural conflict to examine themes of history versus modernity, tradition versus the rise of contemporary values, as well as the inevitable clashes following these cultural skirmishes. It is a valuable reference book for scholars of contemporary China, as well as an overview of modern cultural thought in China.

This book examines Chinese culture through the prism of one of the most important international events in recent memory. It also investigates the ancient and modern Chinese history, through both Eastern and Western perspectives, to provide a better understanding of contemporary China.

TABLE OF CONTENTS

TABLE OF CONTENTS

March 2011 | 322 pages | US$188 | Hardback Cloth: 978-981-4332-35-4 eBook: 978-981-4339-28-5 (PDF)

Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10

The Increasingly Blurred Cultural Map State Will and the Mainstream Cultural Resources Present-day Fashion and the Leaders Lower Case Culture: Two Kinds of Time in Popular Culture Swan Song and Oriental Utopia The Media War and the Changes in Media Function The Virtual World on “A Thousand Plateaus” The Formation of New Social Classes and the Expansion of Discourse Space The Writing of the Proletarians in the Capital Myth Time Globalization / The Rebellion and Carnival of the Asian Youth

ABOUT THE AUTHOR

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Fanhua Meng is a Distinguished Professor of Shenyang Normal University, and Vice President of the Association of Contemporary Chinese Literature. His major publications include 1978: Passion; Dreams and Fate, An Academic History of China’s Literature and Art in the 20th Century (Part III), A Feast of the Imagination, and Roman Media and Cultural Leadership. After the Literature Revolution: A Study on Literature in the New Century. (2014)

October 2010 | 318 pages | US$128 | Hardback Cloth: 978-981-4298-66-7 eBook: 978-981-4332-55-2 (PDF)

Chapter 1 The Beijing Olympic Games and the Creative Transformation of Traditional Chinese Culture Chapter 2 The Beijing Olympic Games, Traditional Culture and Its Global Significance Chapter 3 The Beijing Olympic Games: Chinese Elements and Their Modern Value Chapter 4 The Beijing Olympics, Carnival Culture and Commonwealth Spirit Chapter 5 The Beijing Olympic Games, the Athletic Spirit and the Beauty of Mankind Chapter 6 The Beijing Olympic Games, Social Government and Human Values Chapter 7 The Beijing Olympic Games and the National Mentality Chapter 8 The Beijing Olympics and the Citizens’ Accomplishments Chapter 9 The Beijing Olympics, the Volunteer Service and the Spirit of Volunteerism Chapter 10 A Letter to the Future — Recollecting the Beijing Paralympic Games Chapter 11 The Beijing Olympics, National Image and Media Policy Chapter 12 The Beijing Olympic Games, Nationalism, and Big Power Diplomacy

ABOUT THE AUTHOR Huiling Feng is the Vice President of Renmin University of China, and Director of the Humanities and Olympics Research Center at Renmin University of China.

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History

History Mao and the Cultural Revolution

A History of Chu

Angang Hu (Tsinghua University)

Zhengming Zhang (Tsinghua University)

Chronicles the political history of the Cultural Revolution from the perspectives of Mao and the Politburo

Unfurls the Fascinating History of a Hegemonic Feudal State in Imperial China The fruit of late historian and accomplished Chu expert Zhang Zhengming’s long and dedicated research, A History of Chu unfolds the intriguing history of a powerful feudal state in the Zhou dynasty. Chu, once deemed “barbarian” in its southern territory, gradually rose to prominence on the shores of the Yangtze as the Zhou court weakened. With King Zhuang recognized as hegemonial lord towards the late Spring and Autumn period, Chu subdued many Central Plain states and eventually survived into the Warring States period as a major power. From its emergence to the realization of its ambitious dreams of conquest and hegemony, the vast land of Chu boasted a culture that was distinctly different from the Central Plain states.

Acclaimed national researcher Angang Hu presents Mao and the Cultural Revolution, an immensely rich account of the massive political event of 1966 that brought seismic changes to the landscape of New China. A culmination of Mao Zedong’s political ambitions, the Cultural Revolution restored his power and prestige as paramount leader, albeit at great costs to the economic and social development to the country. The impact of the movement — more significantly, the politics that drove it — deeply influences political philosophy in China today.

NEW 3-Volume Set December 2016 | 1008 pages | 7 x 10 | US$393 | Hardback Cloth: 978-1-62320-157-9 eBook: 978-1-62320-158-6 (PDF)

Volume 1

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October 2016 | 380 pages | 7 x 10 | US$148 | Hardback Cloth: 978-1-62320-151-7 eBook: 978-1-62320-152-4 (PDF)

Volume 2 December 2016 | 272 pages | 7 x 10 | US$128 | Hardback Cloth: 978-1-62320-153-1 eBook: 978-1-62320-154-8 (PDF)

Volume 3 December 2016 | 272 pages | 7 x 10 | US$138 | Hardback Cloth: 978-1-62320-155-5 eBook: 978-1-62320-156-2 (PDF)

Angang Hu’s Mao and the Cultural Revolution provides a unique perspective and objective assessment of the progression of the Cultural Revolution, focusing on the intraparty politics, the Politburo’s international outlook, and the political thought of the Chinese leadership that shaped these pivotal decades. Hu’s research is a must-read for academic scholars demanding a native-centric account of the Cultural Revolution, as well as think-tank researchers desiring to understand the foundations of contemporary Chinese political thought.

TABLE OF CONTENTS Volume 1: Chapter 1 Chapter 2 Chapter 3

Mao’s Motivation and Strategy Introduction: Historical Lessons of the Cultural Revolution Mao’s Preparations for the Cultural Revolution The First Salvo of the Cultural Revolution

NEW 3-Volume Set December 2017 | 672 pages | 7 x 10 | US$336 | Hardback Cloth: 978-1-62320-141-8 eBook: 978-1-62320-142-5 (PDF)

Volume 1

Volume 2: The Red Guards March for Mao Chapter 4 The Cultural Revolution Causes Civil Unrest Across China Chapter 5 The Bitter Political Struggle between Mao Zedong and Lin Biao (1969– 1973)

June 2017 | 224 pages | 7 x 10 | US$118 | Hardback

Volume 3: Battling for China’s Future Chapter 6 The Political Battle between Deng Xiaoping and Jiang Qing (1973–1976) Chapter 7 Remarks on the Cultural Revolution

Volume 2

ABOUT THE AUTHOR Angang Hu is a Professor in the School of Public Policy and Management at Tsinghua University. He is the director of the Center for China Studies at Chinese Academy of Social Sciences, China's most prominent political think-tank, and has held visiting professorships at Harvard University, Japan’s Keio University, and France’s School for Advanced Studies in the Social Sciences (École des hautes études en sciences sociales, EHESS). He is the chief editor of National Report, a monthly journal of China's political research which is read by China's top leaders. He is the author of the Political and Economic History of China 1949-1976 (3-Volume Set), Political and Economic History of China 1977-1992 (3-Volume Set), China in 2020: A New Kind of Superpower (2010), Economic and Social Transformation in China (2006), and other works.

Cloth: 978-1-62320-135-7 eBook: 978-1-62320-136-4 (PDF)

October 2017 | 208 pages | 7 x 10 | US$118 | Hardback Cloth: 978-1-62320-137-1 eBook: 978-1-62320-138-8 (PDF)

Volume 3 December 2017 | 240 pages | 7 x 10 | US$118 | Hardback Cloth: 978-1-62320-139-5 eBook: 978-1-62320-140-1 (PDF)

Zhang Zhengming spent years studying and gathering both historical records and archaeological finds, carefully compiling his findings into a Chu-centric narrative that has long been an ignored perspective in traditional Chinese history. A History of Chu documents the entirety of Chu’s remarkable and dramatic existence. It begins with an examination of the legendary origins of the Chu ruling house, details the periods of internal strife and prosperity during the state’s contention for power, pays tribute to the people that remained defiant in conquest, and finishes with an account of the revived Chu’s defeat by Han after the collapse of the Qin dynasty.

TABLE OF CONTENTS Volume 1: Chapter 1 Great Ancestors: Priest of the Heavens, Priest of the Earth Chapter 2 A Transitional Period Chapter 3 Violence and Civilization Chapter 4 Internal Cultivation and External Expansion Volume 2: Chapter 5 King Zhuang of Chu Chapter 6 The Social Fusion between Nomadic Tribes and Han People Chapter 7 Extravagance and Vanity, Intrigue and Atrocity Chapter 8 Domestic Disturbances and Foreign Aggression Volume 3: Chapter 9 Social and Cultural Flourishing of Chu Chapter 10 Wu Qi’s Political Reform and Prosperity under the Rule of King Wei of Chu Chapter 11 From Prosperity to Decadence Chapter 12 The Contest between Chu and Qin

ABOUT THE AUTHOR Zhengming Zhang (1928–2006) was a pioneer of Chu studies and prominent researcher of ethnic minority history. A graduate of Tsinghua University, he started his career in government ethnic minority committees in the 1950s. In 1979, his first monograph A History of the Khitans won him wide recognition in the field of minority historical studies, and in 1981, he facilitated the founding of the Chu Research Institute at the Hubei Academy of Social Sciences. He was Professor at the School of History and Culture of Central China Normal University and held vice presidency positions at the Chinese Association for Nationality History and the Chinese Association of Quyuan. His other notable works include A History of Chu Culture (1981), A Chronicle of Chu Culture (1988), and Qin and Chu (2007).

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History

History The Capital Of The Yuan Dynasty Gaohua Chen (Chinese Academy of Social Sciences)

The first publication of its kind offering comprehensive research on China’s ancient capital, Dadu (Khanbaliq) The Yuan Dynasty was different from other dynasties in the history of China, and so was its capital, Dadu, the city that laid the foundation for what would become modern-day Beijing. As the first publication of its kind, The Capital of the Yuan Dynasty presents the capital’s history using a thematic approach. Starting from Beijing in the pre-Yuan Dynasty period, and the building of Dadu as a new city, the author introduces the layout of the city and imperial palaces, and then focuses on Dadu in detail from political, economic, and cultural angles. The Capital of the Yuan Dynasty references over 100 Chinese classics of the Yuan and succeeding dynasties, including Yuanshi (History of Yuan), Xijinzhi jiyi (Compilation of the Scattered Writings of the “Gazetteer of Xijin”), and Tongzhi tiaoge (Legislative Articles from the “Comprehensive Regulations”). April 2014 | 224 pages | US$138 | Hardback

Insights from contemporary prose, poetry and references from Goryeo Korea (Nogŏltae and Pak T’ongsa) complement the text.

TABLE OF CONTENTS Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7

Beijing Prior to the Establishment of Dadu The Construction of Dadu The Layout of Dadu The Political Life of Dadu The Economic Life of Dadu The Cultural Life of Dadu Dadu During the Late-Yuan Peasants’ Rebellions

ABOUT THE AUTHOR Gaohua Chen is the Director at the Institute of History at the Chinese Academy of Social Sciences. He was the Director of the Research Center of the Song, Liao, Jin, and Yuan Dynasties. He is the author of The Overseas Trade in the Song and Yuan Dynasties, Research of the Yuan Dynasty. He was also the co-translator of the Cambridge History of China (The Qin and Han Dynasties).

Cloth: 978-981-4332-44-6 eBook: 978-981-4339-55-1 (PDF)

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“Before the arrival of the Mongols, present-day Beijing was the site of the Jin capital under the Jurchens. After it was sacked by Genghis Khan in 1215, the city was virtually laid waste. Later, the Mongols built a separate city north of the Jin capital site, which substantially overlapped the Ming-Qing city of Beijing. In 1267, Genghis Khan’s grandson Kublai Khan designated it as his main capital, Dadu, and went on to found the Chinese-style Yuan dynasty there in 1271. The city lost its capital status in 1368 when Mongol rule in China was overthrown. Originally written in Chinese and translated into English, this book is authored by a well-known Song-Yuan scholar in the PRC and is a worthwhile effort to systematically examine various aspects of Dadu, including its prehistory, construction, layout, and political, economic, and cultural life, and ends with a chapter devoted to a brief history of the city in the last days of the Yuan dynasty. It cites a rich body of modern, especially traditional, Chinese sources.” Summing Up: Recommended. All levels/libraries. -- V.C. Xiong, Western Michigan University “CHEN Gaohua is one of the best-known Chinese scholars in Yuan Studies. His book Yuan Dadu published in 1982 was translated into Japanese in 1984, and into Mongolian language in 1985. The English translation by Phoebe Poon is a creditable contribution to the research literature of Yuan history in the western world. The glossary of personal names, building names and official titles is a handy reference tool for general readers, and Yuan studies scholars may find it useful, too." --Xian Wu, Michigan State University “Chen Gaohua has provided an excellent textbook for all students and researchers on the Yuan capital and has opened up a treasure-trove of sources hitherto inaccessible to the English speaking world. His treatment of this early period sets the tone and style for the rest of the book which is solid with detail, decorated with primary-sourced quotations, and supported by plentiful citations. What soon becomes obvious and what marks this book out from all other studies of the Yuan period currently available in English is that Chen’s sources are all Chinese. --George Lane, SOAS, University of London

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History

History A History of Journalism in China Edited by Hanqi Fang (Renmin University of China)

The first comprehensive English language overview of journalism in China, The History of Journalism spans 200 BC to 1991. •

10-Volume Set November 2013 | 2064 pages | 7 x 10 | US$1017 | Hardback Cloth: 978-981-4339-82-7 eBook: 978-981-4339-98-8 (PDF)

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In 10 volumes, and more than 2,000 pages, the series covers all aspects of journalism in China’s history, including newspapers, periodicals, news agencies, broadcast television, photography, documentary film, and journals.

The History of Journalism presents the development of journalism in China against the backdrop of the major events in China’s history (the first Sino-Japanese War, the Chinese Civil War, and the Cultural Revolution).

The 10 volumes of The History of Journalism offer unique insights into all aspects of journalism in the entire Chinese-speaking world, from the Mainland to Taiwan to Hong Kong to Macau and to the larger Chinese diaspora.

The History of Journalism in China presents the evolution and development of journalism in China against the backdrop of the major events in China’s history (the first and second Sino-Japanese Wars, the Chinese Civil War, and the Cultural Revolution). The series looks at all aspects of journalism in China including not just newspapers but journals, television programs, newsreels, and other formats. The 10-volume History of Journalism in China offers unique insights into journalism in the entire Chinese-speaking world, from the Mainland to Taiwan to Hong Kong to Macau and to the larger Chinese diaspora. The editor in chief of this series, Fang Hanqi, Professor Emeritus in Journalism, has been called the “Father of China’s Modern Journalism.”

CONTENT HIGHLIGHTS

Volume 1

Volume 2

November 2012 | 152 pages | 7 x 10 | US$98 | Hardback

December 2012 | 160 pages | 7 x 10 | US$108 | Hardback

Cloth: 978-981-4332-25-5

Cloth: 978-981-4332-26-2

eBook: 978-981-4332-82-8 (PDF)

eBook: 978-981-4332-85-9 (PDF)

Volume 3

Volume 4

January 2013 | 232 pages | 7 x 10 | US$108 | Hardback

January 2013 | 224 pages | 7 x 10 | US$108 | Hardback

Cloth: 978-981-4332-27-9

Cloth: 978-981-4332-28-6

eBook: 978-981-4332-88-0 (PDF)

eBook: 978-981-4332-91-0 (PDF)

Volume 5

Volume 6

March 2013 | 188 pages | 7 x 10 | US$108 | Hardback

March 2013 | 192 pages | 7 x 10 | US$108 | Hardback

Cloth: 978-981-4332-29-3

Cloth: 978-981-4332-30-9

eBook: 978-981-4332-94-1 (PDF)

eBook: 978-981-4332-97-2 (PDF)

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The Early Newspaper Publishing Activities of Foreigners in China

Political Standpoints of the Chinese-Operated Newspapers

Journalism during the Reform Period

Volume 7

Volume 8

Journalism around the 1911 Revolution

Journalism in the Early Republic Period of China

March 2013 | 216 pages | 7 x 10 | US$108 | Hardback

October 2013 | 216 pages | 7 x 10 | US$108 | Hardback

Cloth: 978-981-4332-31-6

Cloth: 978-981-4332-32-3

eBook: 978-981-4339-16-2 (PDF)

eBook: 978-981-4339-19-3 (PDF)

Journalism in the May Fourth Movement

The Founding of the Communist Party in China and Journalism during 1924–1927

The CPC’s Journalism during the Chinese Civil War

Kuomintang Journalism and the Private Journalism during the Ten-Year Civil War

Volume 9

Volume 10

Journalism in the Kuomintang Controlled Areas during Anti-Japanese War

Anti-Japanese Propaganda in Journalism in Hong Kong and Overseas Chinese AntiJapanese Periodicals

October 2013 | 156 pages | 7 x 10 | US$108 | Hardback

October 2013 | 328 pages | 7 x 10 | US$108 | Hardback

Cloth: 978-981-4332-33-0

Cloth: 978-981-4332-34-7

eBook: 978-981-4339-22-3 (PDF)

eBook: 978-981-4339-25-4 (PDF)

Journalism in the Liberated Areas during the Second Chinese Civil War

Gargantuan Changes of Journalism in China

Journalism in the Period of the Construction of Socialism ( January 1957–May 1966)

Journalism in the Rectification Movement and the Anti-Rightist Movement

ABOUT THE EDITOR Hanqi Fang is a Professor Emeritus of Journalism at Renmin University of China. He is dubbed as the “Father of China’s Modern Journalism”. He is the Director of Chinese Journalism Association, Honorary Chairman of Chinese Journalism History Association. He is the author of Newspaper in Ancient China, The Press History (1979), The Press History of Modern China (1981), Press and Journalist in the History (1991), The Great Newspaper and Journalist in the History of Journalism (2000).


History

History Unequal Treaties and China

The Compilation of the Complete Library in Four Branches of Literature

Jianlang Wang (Chinese Academy of Social Sciences)

Details China’s struggles against a history of unequal treaties

Aiping Huang (Renmin University of China)

Understanding a country’s history is a vital way of understanding its people. In Unequal Treaties and China, author Wang Jianlang looks at how history has affected the nation and how those unequal treaties from foreign powers have shaped China’s policies even up until the modern day.

Illustrates the compilation of the largest collection of books in Chinese history The Compilation of the Complete Library in the Four Branches of Literature provides an overview of the comprehensive research on the compilation process and the impact of the Library using a large number of historical documents. It includes an in-depth discussion of forbidden books, literary inquisition, and other relevant issues. This book is a valuable reference for scholars researching the Qing Dynasty.

From the first Opium War (1839-1842) and until the birth of New China in 1949, China was forced to sign multiple unequal treaties by foreign imperialist and invading powers. In these treaties, China conceded many of its sovereign rights in terms of territory and commerce. Ever since the time of the first unequal treaty (the Treaty of Nanjing), the people of China have struggled to invalidate these unequal treaties. Unequal Treaties and China provides a comprehensive overview of China’s history of fighting against these unequal treaties.

TABLE OF CONTENTS

TABLE OF CONTENTS

2-Volume Set November 2015 | 408 pages | 7 x 10 | US$ 215 | Hardback Cloth: 978-1-62320-118-0 eBook: 978-1-62320-119-7 (PDF)

Volume 1

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May 2015 | 232 pages | 7 x 10 | US$118 | Hardback Cloth: 978-1-62320-022-0 eBook: 978-1-62320-066-4 (PDF)

Volume 2 November 2015 |153 pages | 7 x 10 | US$108 | Hardback Cloth: 978-1-62320-112-8 eBook: 978-1-62320-113-5 (PDF)

Volume 1: Chapter 1 Diplomatic Predicaments in the Early Years of the Republic of China Chapter 2 The Paris Peace Conference and the Washington Naval Conference Chapter 3 The Establishment of New Sino–Russia Relations and the Tough Stance of the Guangzhou Government on Foreign Powers Chapter 4 The Beiyang Government’s Diplomatic Warfare to Revise Unequal Treaties and the Guangzhou Government’s Struggle for the Abrogation of Unequal Treaties Volume 2: Chapter 5 The Nanjing Government's Revolutionary Diplomacy Chapter 6 The Abrogation of Unequal Treaties during the Second Sino-Japanese War Chapter 7 Finale: The End of the Era of Unequal Treaties

ABOUT THE AUTHOR Jianlang Wang is the President of the Institute of Modern History, CASS, the General Secretary of the Association of Chinese Historians, and the Dean of the Department of Modern History of the Graduate School, CASS. He majors in the modern history of China’s foreign relations. He is also the author of The Return of Xinjiang to Chinese Central Control during the Last Days of the Sino-Japanese War: A Reappraisal Based on Chiang Kai-shek’s Diary (2010) and other works.

2-Volume Set November 2012 | 319 pp | 7 x 10 | US$262 | Hardback Cloth: 978-981-4339-80-3 eBook: 978-981-4332-99-6 (PDF)

Volume 1 October 2012 | 168 pages | 7 x 10 | US$138 | Hardback Cloth: 978-981-4332-23-1 eBook: 978-981-4332-76-7 (PDF)

Volume 2 November 2012 | 168 pages | 7 x 10 | US$138 | Hardback Cloth: 978-981-4339-01-8 eBook: 978-981-4339-18-6 (PDF)

Volume 1: Chapter 1 The Background and the Causes of the Compilation of The Complete Library in Four Branches of Literature Chapter 2 The Establishment of the Editorial Office of The Four Branches of Literature Chapter 3 Literary Inquisition of Forbidden Books and Literary Persecution Chapter 4 The Organization of the Editorial Office and the Compilation of The Four Branches of Literature Chapter 5 The Transcription and Revision of The Four Branches of Literature Chapter 6 The Storage and Perusal of The Four Branches of Literature Chapter 7 The Rectification and Reexamination of The Four Branches of Literature Volume 2: Chapter 8 The Publication of The Four Branches of Literature and The Collections of the Plates of Accumulating Treasures of the Hall of Military Glory Chapter 9 Supplementary Works of the Compilation of The Four Branches of Literature Chapter 10 Historical Vicissitudes of The Four Branches of Literature Chapter 11 The Catalog of the Complete Library of the Four Branches of Literature Chapter 12 Bibliographic Achievements and Limitations Chapter 13 Conclusion: Summary of The Complete Library of the Four Branches of Literature

ABOUT THE AUTHOR Aiping Huang is a Professor at the Institute of Qing Dynasty History, School of History, Renmin University of China. Dr. Huang has published 10 books and over 100 articles. Her representative works include research on the Compilation of the Complete Library in the Four Branches of Literature, Academia and Culture of the Qing Dynasty (co-authored), China and the World in the 18th century, A History of Academia and Culture of Qing Dynasty, and Textology and Qing Dynasty Society.

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History

History The Eastward Dissemination of the Western Learning in the Late Qing Dynasty

Macau through 500 Years

Yuezhi Xiong (Shanghai Academy of Social Sciences)

Victor F. S. Sit (University of Hong Kong)

Award-winning book on the cultural achievements in China’s last feudal dynasty

First book on Macau’s 500-year history with over 1,000 valuable four-color maps and pictures

Emergence and Development of an Untypical Chinese City

This three-volume set explains the five major themes that shaped the last dynasty in China: knowing the world, seeking to become strong and rich, saving the country, democratic revolution, and enlightenment through science.

Fully supported by the University of Macau and the Advanced Institute for Contemporary China Studies of Hong Kong Baptist University, Macau through 500 Years, is the first book of this kind and it provides a detailed history of Macau’s geographical, social, and economic development.

The Chinese version was awarded several prestigious literary prizes including the Grand Prize of College Scientific Research (1993-1994), the Outstanding Books of Shanghai Philosophy and Social Sciences Prize (1994-1995), and the Outstanding Books of Political Theory Prize.

The product of more than three years of dedicated research, this book brings together more than 1,000 maps and pictures of Macau to give a full picture of its entire history including Macau’s Golden Age (1550-1643), its protracted decline (1644-1844), and its role as Guangzhou's Outer Port (1758-1824).

TABLE OF CONTENTS

3-Volume Set June 2013 | 635 pp | 7 x 10 | US$ 365 | Hardback Cloth: 978-981-4332-84-2 eBook: 978-981-4339-12-4 (PDF)

Volume 1

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February 2013 | 256 pages | 7 x 10 | US$138 | Hardback Cloth: 978-981-4332-24-8 eBook: 978-981-4332-79-8 (PDF)

Volume 2 April 2013 | 216 pages | 7 x 10 | US$118 | Hardback Cloth: 978-981-4339-02-5 eBook: 978-981-4339-24-7 (PDF)

Volume 3 June 2013 | 184 pages | 7 x 10 | US$128 | Hardback Cloth: 978-981-4339-03-2 eBook: 978-981-4339-13-1 (PDF)

Volume 1: Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Volume 2: Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10 Chapter 11 Chapter 12 Chapter 13 Volume 3: Chapter 14 Chapter 15 Chapter 16 Chapter 17 Chapter 18 Chapter 19

Introduction A Homage to Matteo Ricci Western Learning from the Southern Ocean After the Opening of China Facing an Alienated World

TABLE OF CONTENTS

June 2012 | 280 pages | US$158 | Hardback Cloth: 978-981-4298-86-5 eBook: 978-981-4298-88-9 (PDF)

Church Schools and the Dissemination of Western Learning The Imperial Foreign Language Institute: the First Attempt The Institute for Dialects: the Shanghai Style Shanghai Polytechnic Institute: the Home of Science A Review of the Times and Representative Western Titles An Overview of the Western Book Publishers The Translation House of the Jiangnan Manufacturing Bureau The Christian Literature Society for China

John Fryer: Leader in the Dissemination of Western Learning Timothy Richard: a Welsh Baptist Missionary to China Young John Allen: His Educational Works in China Dissemination of Japanese Learning Lin Fu and Yan Shu: Greatest Translator in the Late Qing Dynasty Public Reactions to the Western Learning

ABOUT THE AUTHOR Yuezhi Xiong is Vice President of the Shanghai Academy of Social Sciences and Director of the Institute of History of the Shanghai Academy of Social Sciences. He is the author of The History of Democratic Ideology in Modern China, Shanghai History: General Remarks (1999), and other works.

Chapter 1 The Changing Perspectives of China and the West on Power at Sea Chapter 2 The Golden Century (1550–1643) Chapter 3 Protracted Decline: Opium Trafficking and an Aggressive Imperial Outpost (1644–1844) Chapter 4 Colonization: Expansion and Modernization (1845–1949) Chapter 5 Contemporary Macau, a World-Class Gambling, Tourist and Exposition City (1950–2010) Chapter 6 Key Map for Major Historical Buildings Chapter 7 Guangzhou’s Outer Port: Winter Bivouac and Opium Trafficking (1758-1824) Chapter 8 Opening Four Ports to Foreign Trade (1684-1757) Chapter 9 A Subtype of the Late Medieval City Chapter 10 Macau Viewed as a “Foreigners’ Ward” by China

ABOUT THE AUTHOR Victor F. S. Sit is the author of Chinese City and Urbanism: Evolution and Development, Chinese Cities: The Growth of the Metropolis Since 1949, Beijing: The Nature and Planning of a Chinese Capital City, and other works.

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History

History A Concise History of the Qing Dynasty Yi Dai (Renmin University of China)

Explores 268 years of Chinese history in 4 volumes The most complete and authoritative look at the last feudal monarchy in China’s long history, A Concise History of the Qing Dynasty (4-volume set) details the birth of what would become modern-day China. Covering the fall of the Manchurians, these 4 volumes offer a comprehensive look at the last dynasty in China. Under Qing rule, China saw art and culture flourish even while the nation faced invasion by hostile foreign powers and oppression under the subsequent unequal treaties.

Volume 3: Chapter 8 Chapter 9 Chapter 10 Chapter 11

Class Structure in the Qing Dynasty and the Class Struggle in the Early 18th Century Russia’s Early Aggression against China and the Anti-Aggression Struggles of Various Nationalities of China Unification of Ethnic Minority Areas on the Frontier and the Consolidation and Development of a Multiethnic Country Cultural Policy and the Development of Sinology in the Qing Dynasty

This book is a landmark work on Chinese history by China’s leading expert on the Qing era. Dai Yi explores every facet of the Qing’s empire and the dynasty’s rule. The roots of the structure of today’s China can be traced back to the last dynasty in China.

Volume 4: Chapter 12 Chapter 13 Chapter 14 Chapter 15 Chapter 16

Literature, Art, Science and Technology in the Early Qing Dynasty The Intensification of Social Contradictions and Decadence of the Ruling Class Uprisings of Various Nationalities Driven by the White Lotus Society The Ethos in the Early 19th Century Invasions of China by Capitalist Countries

TABLE OF CONTENTS

4-Volume Set February 2012 | 1170 pages | US$524 | Hardback Cloth: 978-981-4339-78-0 eBook: 978-981-4339-71-1 (PDF)

Volume 1

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May 2011 | 296 pages | 7 x 10 | US$138 | Hardback Cloth: 978-981-4332-18-7 eBook: 978-981-4332-61-3 (PDF)

Volume 2 September 2011 | 224 pages | 7 x 10 | US$138 | Hardback Cloth: 978-981-4332-19-4 eBook: 978-981-4332-64-4 (PDF)

Volume 3 December 2011 | 336 pages | 7 x 10 | US$138 | Hardback Cloth: 978-981-4332-20-0 eBook: 978-981-4332-67-5 (PDF)

Volume 4 February 2012 | 352 pages | 7 x 10 | US$138 | Hardback Cloth: 978-981-4332-21-7 eBook: 978-981-4332-70-5 (PDF)

Volume 1: Chapter 1 The Rise of Manchu and the Establishment and Development of the Latter Jin Regime Chapter 2 The Repression of Peasant Uprisings by the Qing Troops and the Struggles against Qing in Various Regions Chapter 3 The Establishment of the Reign of the Qing Dynasty over China and Its Early Policies Chapter 4 The Progressive Trend of Materialism in the Latter Half of the Seventeenth Century Volume 2: Chapter 5 The Enforcement of Centralization of Administration and the Governmental Organizations of the Qing Dynasty Chapter 6 The Development of the Agricultural Economy and the Feudal Farm Rent and Taxation System Chapter 7 The Development of the Handicraft Industry and Commerce

ABOUT THE AUTHOR Yi Dai served as Deputy Director of the History Department of Renmin University of China, and also as Director of the Research Institute of Chinese History. In 2002, he served as Director of the National Editorial Board on Qing dynasty history. He has written or edited over 30 books, including the Draft of China’s Modern History, the Sino-Russian Treaty of Nerchinsk (1689), Emperor Qianlong and his Era, China and the World in the 18th Century, A Yearbook of the Qing Dynasty.

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History

History Metabolism of Modern Chinese Society

Distanciation and Return

Xulu Chen (East China Normal University)

Analysis on Traditional Culture and Modernization of China

Tracks the evolution of modern Chinese society

Kaiyuan Zhang (Central China Normal University)

Spanning the end of the dynastic era in China and up to the present, Metabolism of Modern Chinese Society (2-volume set) reveals the secrets of China’s developmental history, rich culture, and complex social structure.

Illuminates China’s ties to tradition and path to modernity In this landmark cultural study, one of China’s leading scholars uses the concepts of distinciation and return to provide understanding of China’s growth into a modern nation. Distinciation and Return: Analysis on Traditional Culture and Modernization of China explores how modern-day China was born amid the competing impulses of tradition and revolution. As China moved from the era of a feudal dynasty to the modern socialist age, the nation has had to face competing strains of reform and tradition – distanciation and return. With special emphasis on the author’s areas of expertise (the 1911 Revolution and the Late Qing Dynasty Era), the book covers China’s complicated historical relationships with Japan and Russia, the Opium War and the meddling by Western powers, and how these events shaped China’s rise as a modern superpower. Zhang Kaiyuan expertly traces the links between the China of history and the China of the 21st century. Distinciation and Return: Analysis on Traditional Culture and Modernization of China is an invaluable study on China for anyone who wishes to learn more about the nation’s current success as well as its long and rich history.

Metabolism of Modern Chinese Society (2-volume set) is an expansive look at China’s transition from a dynastic kingdom into a modern socialist nation. Author Chen Xulu finds the common thread between diverse topics – the urban/rural divide; the decline of the Qing; modern reforms – and paints a complete picture of modern China encompassing history, cultural studies, and sociology.

TABLE OF CONTENTS

2-Volume Set April 2012 | 462 pages | US$281 | Hardback Cloth: 978-981-4339-79-7 eBook: 978-981-4339-77-3 (PDF)

Volume 1

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January 2012 | 272 pages | 7 x 10 | US$148 | Hardback Cloth: 978-981-4332-17-0 eBook: 978-981-4332-58-3 (PDF)

Volume 2 April 2012 | 216 pages | 7 x 10 | US$148 | Hardback Cloth: 978-981-4339-00-1 eBook: 978-981-4339-93-4 (PDF)

Volume 1: Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8 Chapter 9 Chapter 10 Chapter 11 Chapter 12

A Long History of Feudal Society The East and the West Decline of the Qing Dynasty Rocked by Cannons The Tragedy and Comedy of the Taiping Kingdom Twelve Years After A Small Step towards Modernization The Evolution of Urban and Rural Society The Japanese Approaching Philosophy of Changeability and Immutability Gengzi Event and Xinchou Treaty Assault of the European and American Storms

Volume 2: Chapter 13 Chapter 14 Chapter 15 Chapter 16 Chapter 17 Chapter 18 Chapter 19 Chapter 20

Real Changes under Fake Reform The Middle-Class Society Two Driving Forces in Reform Mass Disorder and Revolution Rebuilding the Country A Road Winding through the Mountains The New Culture Movement The Choice of History

ABOUT THE AUTHOR Xulu Chen was one of the founders and Professor Emeritus of History, East China Normal University. He served as the President of Chinese History Society. He wrote the Xinhai Revolution, first book about this largest democratic revolution in China, and served as one of the editor-in-chief of China’s largest encyclopedia Ci Hai. He published over 30 books such as Eighty Years of China’s Modern History, Encyclopedia of the Republic of China, and Collected Biographies of Celebrities in the Qing Dynasty.

April 2011 | 256 pages | US$128 | Hardback Cloth: 978-981-4332-22-4 eBook: 978-981-4332-73-6 (PDF)

TABLE OF CONTENTS Chapter 1 A Legendary Lady Chapter 2 Russia and Japan as the Mirrors Chapter 3 The Beginning of Distanciation in Modern China Chapter 4 The Nation is Awakening Chapter 5 Conflict and Accommodation Chapter 6 Seeing the World Outside China Chapter 7 Lost Opportunities Chapter 8 The Difficult Process of Distanciation Chapter 9 The Ins and Outs of the Trend of Returning or of About to Return Chapter 10 The Ongoing Thinking

ABOUT THE AUTHOR Kaiyuan Zhang has been a Professor in the History Department of Central China Normal University since 1951. From 1984 to 1990, he served as the Principal of the university.

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Literature

November 2015 | 191 pp | 7 x 10 | US$ 118 | Hardback Cloth: 978-1-62320-026-8 eBook: 978-1-62320-079-4 (PDF)

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Philosophy The Ideological Transformation of 20th Century Chinese Literature

A Survey of Pre-Qin Philosophy in China

Mian Xie (Beijing University)

Kejian Huang (Renmin University of China)

The 20th century was an era of tremendous changes for Chinese society, and these changes shaped the development of Chinese literature as revealed in The Ideological Transformation of 20th Century Chinese Literature. Rulers in the late-Qing dynasty era were subjected to unwilling reforms which saw the abolition of the “eight-legged” essays and the imperial examination as these had notoriously restricted the thinking of the Chinese literati. Shortly after the fall of the Qing, leaders of the New Culture Movement started to promote vernacular literature, stressed the need for a re-examination of the ancient classics, and championed the popularization of Western values. After that, Chinese literature was taken on a completely different trajectory, not only in stylistic terms but also in ideological ones.

Examines the classical Chinese thinkers in the Pre-Qin era.

The Ideological Transformation of 20th Century Chinese Literature is the fruit of poet and critic Xie Mian’s decades-long study of contemporary Chinese literature during his earlier years as a professor at Peking University. Grouped thematically and in accordance with the periods in discussion, this collection of nearly 50 essays provides an integrated examination of the historical backdrop and ideologies that underpinned Chinese literature from the days of the New Culture Movement to the New Era beyond the Cultural Revolution through a mix of microscopic criticisms and macroscopic overviews.

TABLE OF CONTENTS

TABLE OF CONTENTS Chapter 1 Chapter 2 Chapter 3 Chapter 4

The Historical Destiny of Chinese Literature On Contemporary Chinese Literature A New Era of Chinese Literature Post-New Era and Cultural Transformation

ABOUT THE AUTHOR Mian Xie, born in 1932, is renowned as a literary critic, poet, writer, and academic expert in contemporary Chinese literature. He holds various titles including Honorary Vice President of the Beijing Writers Association, Honorary Member of the China Writers Association National Committee, and Vice President of the Chinese Association of Contemporary Literature. His publications include Treatise on Contemporary Chinese Poets (1986), The Green Revolution of Literature (1988), Water Flowing Afar (1997), and Campus of Eternity (1997).

From Destiny to Dao

From Destiny to Dao: A Survey of Pre-Qin Philosophy in China surveys the prominent schools of thought in Pre-Qin China — Daoism, Confucianism, Mohism, the School of Names, Legalism, and the School of Yin-Yang. Author Huang Kejian explores the development of thought from the mystical concept of destiny to the philosophical “Dao” and offers a discussion of the major philosophical themes in each school of thought with a unique collection of insights from commentators. This book offers readers a holistic understanding of their philosophies through their historical place, existential concerns, and impact on future philosophers..

December 2015 | 360 pages | 7 x 10 | US$148 | Hardback Cloth: 978-1-62320-023-7 eBook: 978-1-62320-070-1 (PDF)

Chapter 1 Chapter 2 Chapter 3 Chapter 4 Chapter 5 Chapter 6 Chapter 7 Chapter 8

Overview: Chinese Philosophy in the Axial Period Lao Zi Confucius Mo Zi Zhuang Zi Mencius Xun Zi The Legalists

ABOUT THE AUTHOR Kejian Huang is Professor of the School of Chinese Classics of the Renmin University of China. He is the author of Struggling Confucianism (1995),Selected Works of Huang Kejian (1998), 100 Years of New Confucianism (2000), and Beauty As Reality of Illusion: An Interpretation of German Classical Aesthetics (2004). He has published more than 130 articles in core periodicals and key academic magazines in China.

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Philosophy The Formation of Chinese Humanist Ethics From a Hermeneutic-Semiotic Perspective Youzheng Li (Chinese Academy of Social Sciences)

An overview and interdisciplinary analysis of Confucian, Mencian, and Taoist ethics This book makes Chinese ethics theoretically more understandable through an interdisciplinary approach, from the perspectives of hermeneutics and semiotics. The Analects of Confucius are structurally analyzed so as to reveal the epistemological preconditions and pragmatic rationality implied in the maxims of this important classic.

TABLE OF CONTENTS Volume 1: The Structure of the Chinese Ethical Archetype; Part 1 Chapter 1 Introduction: The Aesthetics of Ethical Choice Chapter 2 The Background and Foundation of Confucian Ethical Rationality Chapter 3 The Pragmatic Aesthetics of Ethical Choice Chapter 4 Rhetorical Features in Confucius’s Text Chapter 5 Confucian Ethical Philosophy

4-Volume Set August 2012 | 824 pages | US$429 | Hardback Cloth: 978-981-4339-84-1 eBook: 978-981-4402-37-8 (PDF)

Volume 1

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June 2012 | 256 pages | 7 x 10 | US$118 | Hardback Cloth: 978-981-4332-36-1 eBook: 978-981-4339-31-5 (PDF)

Volume 2 July 2012 | 200 pages | 7 x 10 | US$118 | Hardback Cloth: 978-981-4332-37-8 eBook: 978-981-4339-34-6 (PDF)

Volume 3 August 2012 | 232 pages | 7 x 10 | US$108 | Hardback Cloth: 978-981-4332-39-2 eBook: 978-981-4339-40-7 (PDF)

Volume 4 August 2012 | 136 pages | 7 x 10 | US$108 | Hardback Cloth: 978-981-4332-40-8 eBook: 978-981-4339-43-8 (PDF)

Volume 2: The Structure of the Chinese Ethical Archetype; Part 2 Chapter 6 The Political Turn of Mencian-Confucian Ethics against Taoist Nihilism and the Legalist Philosophy of Power Chapter 7 The Epistemological Challenge to Confucian Ethics: Taoism and Legalism 8. The Ethical Pragmatics of the Mencian Political Will Volume 3: The Constitution of Han-Academic Ideology; Part 1 Chapter 1 Introduction: Ethics and Academic Ideology Chapter 2 The Background and Conditions of Han-Confucianism Chapter 3 The Formation of the Han-Confucianist System Chapter 4 The Composition of the Confucianist Classics Volume 4: The Constitution of Han-Academic Ideology; Part 2 Chapter 5 The Historiographic and Exegetic Patterns of Han-Academia Chapter 6 The Cultural Consequences of Han-Confucianism

ABOUT THE AUTHOR Youzheng Li is Special Research Fellow at the Chinese Academy of Social Sciences, VicePresident of the International Association for Semiotic Studies. He is the author of An Introduction to Theoretical Semiotics, The Structure of the Chinese Ethical Archetype, The Constitution of Han-Academic Ideology, and Epistemological Problems of the Comparative Humanities.

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DISTRIBUTORS & SUPPLIERS USA, Canada, South America, Caribbean Baker & Taylor Inc. (YBP Library Services) 1120 US Highway 22 East Bridgewater, NJ 08807, USA Email: retailcustomerservice@bakertaylor.com Bernan 18212 Shawley Drive, Suite 200 Hagerstown, MD 21740, USA Email: order@bernan.com Emery-Pratt Company 1966 West M 21 Owosso, MI 48867-9317 Tel: (989) 723-5291 Toll-Free: (800) 248-3887 Ingram Book Company 1 Ingram Blvd. La Vergne, TN 37086 Tel: 615.793.5000 Email: ilssalessupp@ingramcontent.com Midwest Library Service 11443 St. Charles Rock Road Bridgeton, MO 63044-2789 Tel: 800-325-8833 or 314-739-3100 Fax: 800-962-1009 or 314-739-1326 Email: banta@midwestls.com

Midwest Library Service Davies Pacific Center 841 Bishop St Suite 208 Honolulu, Hawaii, 96813-3908 Tel: (808)521-6481 Email: info@oshimacpa.com

United Kingdom & Continental Europe Bertram Books Rowan House, Cherry Orchard North Kembrey Park, Swindon, SN2 8UH, UK Tel: +44 871 803 6600 Email: books@bertrams.com Dawson Books Ltd. Foxhills House, Rushden, NN10 6DB, UK Tel: +44 0 1933 417500 Email: enquiries@dawsonbooks.co.uk Gardners Books Ltd. 1 Whittle Drive, Eastbourne, East Sussex, BN23 6QH, UK Tel: +44 (0)1323 521777 Email: sales@gardners.com

Australia & New Zealand

Japan

ALS Library Services Pty Ltd 12-14 Tooronga Avenue, Edwardstown, South Australia 5039 Tel: 1300 136 490 Email: info@alslib.com.au

Hotaka Book Co., Ltd. 1-15, Kanda Jinbocho, Chiyoda-ku Tokyo, 101-0051, Japan Tel: +81-3-3233-0331 Fax: +81-3-3233-0332 Email: info@hotakabooks.com

Co Info Pty Ltd 200A Rooks Road Vermont, Victoria 3133, Australia Fax: +613 9210 7788 Email: books@coinfo.com.au

Mainland China (excluding Hong Kong and Macau)

Taiwan Unifacmanu Trading Co., Ltd. 4F., 91, Ho-Ping East Road, Sec. 1 Taipei 10643, Taiwan Tel: 886-2-2394-2749 Email: unifacmu@ms34.hinet.net

Thailand, Laos, Vietnam, Cambodia, Myanmar Booknet Co. Ltd. 8 Soi Krungthep Kreetha 8 Yaek 8 Huamark, Bangkapi, Bangkok 10240, Thailand Tel: +66 2769 3888 Email: orders@igroup.net

Please address all orders and inquiries to: Enrich Professional Publishing Limited 11/F, Benson Tower, 74 Hung To Road, Kwun Tong, Kowloon, Hong Kong Tel: (852) 2793 5678

Fax: (852) 2793 5030

Email: orders.epp@enrichculture.com

Website: www.enrichprofessional.com

Contact Information

China Educational Publications Import & Export Corporation Ltd.(CEPIEC) No.130 Liang Jia Dian, Haidian District, Beijing, 100142, China Tel: +86 10 5793 3283 Email: book@cepiec.com.cn

Name Organization / Institution

China National Publications Import & Export (Group) Corporation (CNPIEC) 16 Gongti East Road, Beijing, 100020, China Tel: +86 10 6506 6688 Email: cnpeak@cnpiec.com.cn

Address Tel

Fax

Email

Hong Kong, Macau, and all other countries not listed above

Title Selection

Enrich Professional Publishing Hong Kong Head Office 11/F Benson Tower, 74 Hung To Road, Kwun Tong, Kowloon, Hong Kong Tel: +852 2793 5678 Fax: +852 2793 5030 Email: info.epp@enrichculture.com

Title

ISBN

QTY

Price

Total

E-BOOK DISTRIBUTORS Dawson Era Foxhills House, Rushden, NN10 6DB, UK Tel: +44 0 1933 417500 Email: enquiries@dawsonbooks.co.uk

Ebsco Host 10 Estes Street, Ipswich MA, 01938, USA Tel: +800 653 2726

OverDrive Inc. One OverDrive Way Cleveland, OH 44125 USA Tel: +1 (216) 573-6886

ProQuest Books (for MyiLibrary and ebrary) 161 E. Evelyn Ave Mountainview, CA 94141

iG Publishing 13301 NW 47th Avenue Opa-Locka, FL 33054 USA Tel: +1 305 823 7766 Email: igpub@igroupnet.com

Gardners Books Ltd 1 Whittle Drive, Eastbourne, East Sussex, England BN23 6QH. Tel: +44 (0)1323 521777 sales@gardners.com

Subtotal Delivery Charge

Contact Us Hong Kong Head Office 11/F Benson Tower, 74 Hung To Road, Kwun Tong, Kowloon, Hong Kong Tel: (852) 2793 5678 Fax: (852) 2793 5030 Email: info.epp@enrichculture.com

Total

Beijing Office Room 309, Building A, Central Valley, 16 Hai Dian Middle Street, Haidian District, Beijing, 100080, China Tel: (86) 10 8250 9830 Fax: (86) 70 8250 9565 Email: maggie.zheng@enrichculture.com

Payment Method ❏ Check / Bank draft enclosed for US$ __________________________________________

❏ Bill my company / institution _________________________________________________

US Office Davies Pacific Center 841 Bishop St Suite 208 Honolulu, Hawaii, 96813-3908 Tel: (808)521-6481 Email: info@oshimacpa.com

Singapore Office 16L, Enterprise Road, Singapore 627660 Tel: (65) 9363 7838 Fax: (65) 6472 5977 Email: pc.tham@enrichculture.com

(Please make check payable to Enrich Professional Publishing Limited)

www.enrichprofessional.com Hong Kong • Beijing • Singapore • Hawaii

(please attach purchase order) Signature

For information about our latest publications and offers, please visit our website at:

Revised in December 2016

❏ Please tick to join our mailing list to receive information on forthcoming titles

Prices and publication dates are subject to change without notice


Enrich Professional Publishing Limited

11/F Benson Tower, 74 Hung To Road, Kwun Tong, Kowloon, Hong Kong, China Tel: (852) 2793 5678 Fax: (852) 2793 5030 Web: www.enrichprofessional.com Email: info.epp@enrichculture.com

Enrich-Professional-Publishing/173909769289417

enrich-professional-publishing

EPP released Winter 2016 / Spring 2017 Catalog  

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