About the Author
Zhao Zhongxiu is the President of the University of International Business and Economics (UIBE), holding positions as a professor, a doctoral supervisor,and an expert receiving special government allowances from the State Council.Previously, he served as the President of Shandong University of Finance and Economics and a visiting scholar at the University of Manchester and Michigan State University. He holds a Ph.D. in economics from UIBE and an honorary doctorate from Yokohama National University. Dr. Zhao is a member of the European Academy of Sciences and Arts. He leads national key disciplines and a national teaching team in international trade and holds key posts such as Chairman of Higher Education Economics and International Trade Teaching Steering Committee of the Ministry of Education, Vice Chairman of China Society of World Economics, and Co-President of China Council for BRICS Think Tank Cooperation. He has published extensively on international trade,industrial economics, global value chains, and the Chinese economy, and has led major research projects supported by the National Social Science Fund of China,Ministry of Education, Ministry of Commerce, and international organizations such as the United Nations Industrial Development Organization.Comprehensive and Up-to-Date Analysis
Provides in-depth insights into China’s economy and business landscape across 12 key aspects, while addressing critical issues shaping China’s global role.
Data-Driven Insights
Delivers authoritative perspectives on China’s dynamic economy, backed by robust data and compelling case studies.
Policy-Practice Integration
Bridges theoretical frameworks with practical applications, synthesizing policy documents and research literature to offer actionable insights.
Global Perspective
Offers essential guidance for international students, foreign entrepreneurs, and global professionals navigating the complexities of China’s economic and business environment.
Chapter 1 Introduction to Modern China’s Economic
and Business Environment
1.1 China’s Overall Economic Performance Since the Reform and Opening Up
1.2 Improvement of Doing Business Environment
1.3 Integration into International Economy
1.4 Urbanization, Saving, and Consumption
1.5 Regional Development
1.6 Development of Digital Economy
1.7 Pathway Toward Green Growth
1.8 Long-Term Development Plans
1.9 New Development Philosophy and High-Quality Development
References
Chapter 2 State-Owned Enterprises in China
2.1 Efficiency Problems of Chinese SOEs
2.2 Historical SOE Reforms at a Gradual Pace
2.3 Ongoing SOE Reforms and Priority Areas
2.4 SOE Regulatory System
2.5 SOE Performance and Functions
References
Chapter 3 Private Sector in China
3.1 Policy Evolution of Private Sector
3.2 Role of Private Firms in the Chinese Economy
3.3 Role of Private Firms in the Global Economy
3.4 Challenges and the Way Forward
References
Chapter 4 Foreign Business in China: Market Access
and Entry Mode
4.1 Foreign Investment Industries: Encouraged, Restricted, and Prohibited
4.2 Negative List Management
4.3 Encouraged Industries for Foreign Investment
4.4 Foreign Investment Law of the PRC
4.5 Business Registration Reforms
4.6 Typical Entry Modes of Foreign Investors
References
Chapter 5 Foreign Business in China: Human Resources
and Marketing
5.1 Employment Regulations
5.2 Talent Attraction, Training, and Retention
5.3 Marketing Concept Evolution and the Rising Middle-Income Group
5.4 Digital Marketing Strategies
References
Chapter 6 Foreign Business in China: Intellectual
Property and Technology Transfer
6.1 Common Types of Intellectual Property
6.2 International Intellectual Property Protection
6.3 China’s Intellectual Property Protection
6.4 Technology Transfer in China
6.5 China’s Innovation: Features and Performance
References
Chapter 7 China’s Financial System
7.1 RMB Internationalization
7.2 Banking and Intermediation Sector
7.3 Financial Markets
7.4 Shadow Banking Sector
7.5 Internet Finance and Regulations
References
Chapter 8 China’s Tax System
8.1 Main Taxes in the Modern Tax System
8.2 Major Tax Reforms in the 21st Century
8.3 Tax Sharing System Between the Central and Local Governments
8.4 Fight Against Tax Evasion and International Cooperation
References
Chapter 9 China’s Social Security System
9.1 Social Security System in the Central Planning Period
9.2 Modern Pension System
9.3 Modern Medical Insurance
9.4 Unemployment Insurance and Other Social Insurances
9.5 Social Security Mobility
9.6 Social Assistance Programs and Anti-Poverty
References
Chapter 10 China’s Regional Development
10.1 Evolution of China’s Regional Disparities
10.2 Western Development Strategy
10.3 Northeast China Revitalization Strategy
10.4 Rise of Central China Strategy
10.5 Development of Regional Cluster Economy
10.6 Closing the Gap Between Urban and Rural Areas
References
Chapter 11 China’s Green Growth
11.1 China’s Role as the Global Leading Manufacturer
11.2 China’s Environmental Performance and Green GDP
11.3 China’s Environmental Policies
11.4 China’s Path Toward Carbon Neutrality and International Cooperation
References
Chapter 12 China and the World
12.1 China’s Accession to the WTO
12.2 China’s Free Trade Agreements
12.3 Belt and Road Initiative
12.4 US-China Trade Frictions
12.5 China’s Position in Global Value Chains: Upgrading and Prospects
References
Appendix
