This book aims to explain and explore the distribution mechanism adopted by China, which prioritizes distribution according to performance while taking factors of production into consideration. This mechanism is designed in the context of current market-oriented economy, but it also leads to problems such as the widening income gap among the citizens. Besides serving for economic growth, the authors proposed balancing the interests through policies among different groups as one of the key role for distribution system, which may slow down or even stop the trend of widening income gap. And the...

This book is a full review of China's foreign trade in the past 70 years of institutional changes and reform. It presents a magnificent historical overview for China's economic history, sometimes full of trials and hardships, while facing the growth and rise. The author aims to build a unique narrative system to analyze the success and failure, gain and loss during the period, and present the China path in foreign trade among numerous events and different stages under a complex context. It is a must-read book for readers who are interested in China's foreign trade during 1949–2019.