Study on the China Model----Analysis of Economic Development Path of China

Jin quan Jiang, researcher and Doctor of Economics, has been engaged in the study and practice of Party construction. His theses of more than one million characters have been published and won more than ten provincial or ministerial or higher awards. He wrote or took part in the composition of more than 30 theoretical books, among which, The Arts of Criticism inside the Party, written by him independently, won the first prize of the 2 Outstanding Research Award for Social Sciences of China, the top award. He also joined the television special on Party construction, such as Ode to the Pioneers (writer) and The Mission (designer, won special award of the Five-One Project).
He has committed himself to the study of the innovation of Party construction theories in the new era. His ideas are represented in his articles. He co-edited Learning Outlines of Xiaoping Deng's Theories on Party Construction. His books published include Record of Mr. Jiang "s Important Actions for Party Construction, To Build a Contingent of High-Calibre Leading Cadres, Three Representatives and the New Development of Party Construction Theories, and Study on Zemin Jiang's Theories of Party Construction.
In recent years, he published articles about cultivation of the scientific outlook for development and enhancement of Party's execution and advanced nature. He also composedA Reader of Keeping the Communist Party's Advanced Nature, and A Reader of the Scientific Outlook for Development. Study on the China Model is his new book to analyse the economic development path of China after its opening-up from the scientific development point of view.

Preface
Abstract
Chapter 1 Introduction
1.1 Why to Study the China Model
1.2 Review of the Achievements of the China Model Studies
1.3 Orientation of the China Model
1.4 Approaches of the China Model Study
1.5 Theoretical Basis of this Book
1.6 Framework of this Book

Chapter 2 Theoretical Analysis of the China Model
2.1 Background of the Formation of the China Model
2.2 Theoretical Basis of the China Model
2.3 Framework of the China Model
2.4 Main Characteristics of the China Model
2.5 Secret of Existence and Success of the China Model

Chapter 3 Innovation of the Ownership Structure
3.1 Basic Economic System at the Primary Stage of Socialism
3.2 Economic System Reform in Rural Areas
3.3 Development of the Non-Public Economic Sectors
3.4 Reform of the State-Owned Economy
3.5 Empirical Analysis of Ownership Structure Reform in China

Chapter 4 Innovation of the Economic Operational Mechanism
4.1 From Planned Economy to Socialist Market Economy
4.2 Formation of the Market Mechanism
4.3 Price Reform in China
4.4 Reasonable Combination of Market Means and Macro-Control
4.5 Empirical Analysis of the Economic Operational Mechanism Reform in China

Chapter 5 Innovation of the Economic Opening-up Model
5.1 Inevitable Choice against the Economic Globalization Background
5.2 Gradual Opening-up
5.3 All-Directional Opening-up
5.4 Internationalization of Finance in China
5.5 Achievements and Experience of China's Economic Opening-up

Chapter 6 Innovation of Distribution System
6.1 Formation of the Distribution System which Keeps Distribution According to Work Remaining Dominant and Allows Diverse Distributing Methods to Coexist
6.2 Combination of Distribution According to Work and Distribution According to Production Factors
6.3 Emphasis on Social Fairness
6.4 Experience and Thinking of Distribution System Reform in China

Chapter 7 Summary and Outlook for the China Model
7.1 Theoretical Form of the China Model
7.2 Defects of the China Model
7.3 Future of the China Model Led by the Scientific Outlook 'for Development
7.4 Can the China Model Become a Consensus of the International Community?
Appendix Ⅰ Summary of Documents on China Model Study
Appendix Ⅱ Bibliography

（1）Marketization of Finance
In 1979, the marketization reform of the financial system was star- ted in China. The objective of the reform was to establish modem fi- nancial system including the financial control and supervision system,financial organization system and the financial market system. Theprocess of the reform could be divided into four phases:
1. The starting phase （from 1979 to 1991 ） :in the 1980s, based onthe recovery and establishment of specialized banks in China, thePeople's Bank of China became the central bank of China in 1984 ,andthe financial macro-control was changed from direct administrative con-trol to the combination of direct control and indirect control. In themiddle of the 1980s, the inter-bank lending market was established andgradually grew to be the major player on the money market. The Shang-hai Stock Exchange and Shen Zhen Stock Exchange were establishedrespectively in December 1990 and July 1991.
2. The fast developing phase （from 1992 to 1996） :in October1992 ,the State Council decided to take out the securities supervisionfunction from the People's Bank of China to establish the China Securi-ties Regulatory Commission （CSRC） for unified supervision of the secu-rities market nationwide. In March 1995 ,the Law of the People's Bankof China was promulgated, which made clear the position of thePeople's Bank of China as the central bank of China. Great progresshas been made in the marketization of the interest rate. The People'sBank of China loosened the money market interest and the interest rateof national bond. Three policy banks, the China Development Bank, theAgricultural Development Bank of China and the Export-Import Bankof China, were established.