Preliminary -- Contents -- Tables and figures -- Abbreviations -- Contributors -- 1. Twenty years of economic reform and structural change in the Chinese economy - Ross Garnaut -- 2. Economic growth over the past twenty years - Xiaolu Wang -- 3. Agricultural reform - Yongzheng Yang -- 4. Trade...

Preliminary -- Contributors -- 1. China: New engine of world growth -- 2. The impact of SARS -- 3. The travails of current macroeconomic and exchange rate management -- 4. The changing pattern of economic growth -- 5. Transforming the banking sector -- 6. Financial opening and economic growth: A...

Intro -- Contents -- Figures -- Tables -- Abbreviations -- Contributors -- 1. Catching up with America - Ross Garnaut -- 2. Cyclical growth rebound and secular consumption patterns - Yiping Huang -- 3. State-owned enterprise reform: has it been effective - Xiaolu Wang -- 4. WTO accession and...

The phrase 'New Normal' captures the ongoing shift in the pattern and drivers of China's economic growth. China's new growth rate is both slower and imposing difficult structural change. These new economic conditions are challenging yet offer opportunities for China and its economic partners....