Skip navigation
Paperback | $40.00 X | £32.95 | 608 pp. | 7 x 9 in | 7 b&w photos, 65 b&w illus. | March 2018 | ISBN: 9780262534796
eBook | $40.00 X | March 2018 | ISBN: 9780262344067
Mouseover for Online Attention Data

The Chinese Economy, Second Edition

Adaptation and Growth


This comprehensive overview of the modern Chinese economy by a noted expert on China's economic development offers a quality and breadth of coverage not found in any other English-language text. In The Chinese Economy, Barry Naughton provides both a broadly focused introduction to China's economy since 1949 and original insights based on his own extensive research. This second edition has been thoroughly revised to reflect a decade of developments in China’s economy, notably the end of the period of “miracle growth” and the multiple transitions it now confronts—demographic, technological, macroeconomic, and institutional. Coverage of macroeconomic and financial policy has been significantly expanded.

After covering endowments, legacies, economic systems, and general issues of economic structure, labor, and living standards, the book examines specific economic sectors, including agriculture, industry, technology, and foreign trade and investment. It then treats financial, macroeconomic, and environmental issues. The book covers such topics as patterns of growth and development, including population growth and the one-child family policy; the rural and urban economies, including rural industrialization and urban technological development; incoming and outgoing foreign investment; and environmental quality and the sustainability of growth.

The book will be an essential resource for students, teachers, scholars, business practitioners, and policymakers. It is suitable for classroom use for undergraduate or graduate courses.

About the Author

Barry Naughton is Sokwanlok Chair of Chinese International Affairs in the School of Global Policy and Strategy at the University of California, San Diego. He is the editor of Wu Jinglian: Voice of Reform in China (MIT Press).


“The first edition of The Chinese Economy by Barry Naughton was essential, and I used it in my classes for years. The new edition is even better, up-to-date and with more comprehensive coverage. It is essentially a collection of twenty descriptive essays about parts of the Chinese economy that can be used separately, and that together provide a complete and integrated view of the Chinese economy.”
Yingyi Qian, Dean and Professor, School of Economics and Management, Tsinghua University