Chinese Economists on Economic Reform - Collected Works of Li Jiange

Li Jiange (1949-) is one of the most notable and powerful economists holding office in China at present. He is currently the Vice-Chairman of the Central Huijin Investment Company, one of the most influential financial institutions in China. He is also a member of the National Committee of the Chinese People’s Political Consultative Conference, and a Professor at the Chinese Academy of Social Sciences and other academic institutions. He has held many important positions in the state Research Office and the Department of Policies, Laws, and Regulations, and has been Director of the China Securities Regulatory Commission. His work has included major contributions to debates about maintaining financial stability, about achieving equitable income distribution, and about China’s overall economic development.The book is published in association with China Development Research Foundation, one of the leading economic and social think tanks in China, where many of the theoretical foundations and policy details of economic reform were formulated.

• 1. Introduction2. A debate on the relationship between planning and the market3. ‘Futures’ in China: theory, policy, and systems4. On making China’s system of circulation more market-oriented, and on creating institutions to handle the market5. The role, responsibility, and destiny of economists6. On capital markets7. China’s reform and opening up, and the establishment of clean government8. Going beyond the labor theory of value9. Various thoughts on rural employment, rural finance, and rural public healthcare10. Financial innovations, financial stability, and financial regulation11. China’s energy sector: issues of government regulation, and making the sector more market-oriented12. On income inequality and being industrious13. A look at the stock market from a new perspective14. Concepts that underlie market regulation15. Incentive mechanisms, moral hazard, and the basis for a market16. Xue Muqiao: a great master who experienced the vicissitudes of a century17. What exactly do we want to learn?18. A letter on income distribution19. Why are medical costs so high?20. How to pull together medical resources and distribute them in a reasonable way21. China’s evolving industrial policy22. Striking a balance among wages, employment, and efficiency23. A new approach to the old problem of ‘empty accounts’ in pension funds24. NDC: a pension-fund reform model that is worth considering25. Prudent handling of the three main relationships26. On transforming China’s mode of economic growth and speeding up economic restructuring27. Economic development and environmental protection28. Resolving fairness issues must rely on ‘reform’29. Strategies and goals for a water-conserving society: new conceptual approaches for handling water issues