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This book aims to present the observation and Interpretation for China’s economic growth since Reform and Opening-up from a Chinese economist’s view. The book is divided into 5 sections, including the research of traditional socialist economic structure, China’s transformation from planned economy to market economy, reform of Chinese industrial economy, economic growth and political economy. Key topics are covered over the past 40 years including strategies for economic transformation, dual-track pricing, industrial transformation and enterprise reform, capital formation and economic growth, structural changes and productivity growth, macroeconomics, fiscal relations between central and local governments, and the political economy of growth.

Jun Zhang is a Chinese economist and currently serves as Dean of School of Economics at Fudan University in Shanghai.Jun Zhang is the founding Director of the China Center for Economic Studies(CCES), a Shanghai-based Think-Tank for Chinese economy. He is also a member of special advisory committee to Shanghai Municipal Government. In July 2015, he was one of the three economists selected for face-to-face dialogue with Premier Li Keqiang in Beijing. Jun Zhang also publishes widely. Recent contributions have been to The World Economy, China Economic Review, Economic Systems, Comparative Economic Studies, Journal of Asian Economics, Journal of the Asia Pacific Economy, Journal of Chinese Economic and Business Studies, etc. In January 2018, he was rewarded the Bergson Prize by the American Association for Comparative Economic Studies(ACES) for his paper published in Comparative Economic Studies in 2015. Also in 2015, along with Justin Yifu Lin and Fan Gang, he was awarded the Prize of China Economics Innovation. Over the past 25 years he has authored or edited numerous books including Economic Transition with Chinese Characteristics: Thirty Years of Reform and Opening Up (McGill-Queen University Press, 2008), Transformation of the Chinese Enterprises (Cengage Learning, 2009), Unfinished Reforms of the Chinese Economy (World Scientific Publishing Ltd., 2013), and End of Hyper Growth In China(Palgrave Macmillan, 2016). He has been on the editorial board of about 25 academic journals including Economic Systems, Journal of the Asia Pacific Economy, East Asia Policy, Journal of Pro-Poor Economics, China Social Sciences Review, China Economic Quarterly, China Economic Journal, China: An International Journal, and editor-in-chief of Fudan Economic Papers.