This volume provides a detailed up-to-date analysis of the strategic issues and policy options of China's accession to the WTO. Quantitative analysis demonstrates how tariff reduction resulting from China's accession to the WTO will benefit the Chinese economy as well as the rest of the world. The book argues that there is no single trade policy initiative likely to result in larger gains in international trade in the foreseeable future than China's accession to the WTO.

In an era of dramatic transformation, this book examines the role of the private sector in China's economic growth, controversially suggesting that it has been driving the reform. The contributors provides an analysis of the development and emerging paths towards private enterprise as well as looking at market reform, governance and innovation.

This book discusses the key issues in private sector development in China and includes: ? An overview of the development of private enterprises in China? Analysis of the development and emerging paths toward private enterprise? Examination of the business environment in which private enterprises operate? How the legal environment has changed through economic reform? Managerial capabilities and state-business interactions? Suggestions of policy recommendationsPerhaps controversially, the contributors suggest that private sector development is necessary to maintain the dynamism of the Chinese...