Providing information about several important aspects of the Chinese economy, this book identifies the problems that China must face to develop its economy, and attempts to elucidate the structural deficiencies which lay behind these problems. The characteristics of the Chinese economy are depicted and it is compared with other economies in the world. The book also analyzes China's present economic situation and, where posible, provides prescriptions for solving its problems by using the Japanese development experience since the Meiji period (1868). Ryoshin Minami has also written "The Turning Point in Economic Development: Japan's Experience", "The Economic Development of Japan: A Quantitative Study", "Power Revolution in the Industrialization of Japan: 1885-1940" and "Econometric Studies of Japan".

Table of Contents

Introduction - Economic Development and Achievement: An Overview - Economic Systems and the Government - The Foundation of Economic Growth - Agriculture: The Basis for Industrialization - Industrialization and Technological Progress - The Chinese Economy in the Process of Internationalization - Compulsory Capital Accumulation and Inflation - Population, Labour Force and National Life - The Chinese Economy and Japan - Index