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					               Theory and Practice of China's economy

Time: Thursdays, 7:00 pm – 9:00 pm
Place: Room 501, Zone A, Main Building.

Instructors:
Dr. Huachun Wang                                Dr. Handong Li
Theory and Practice of China's economy          Systmatic theory
huachunwang@bnu.edu.cn                          li_handong@bnu.edu.cn

Prof. Honggang Li                               Prof. Huan Qiao
Systmatic theory                                Information management
hli@bnu.edu.cn                                  qiaohuan1955@163.com

Course Enrollment:
Besides the regular procedure, the applicants can send application to:
Dr. Huachun Wang via his e-mial: huachunwang@bnu.edu.cn
or call him via office phone: 58809147, cell phone: 136 2121 8302

Course Overview
In the transitional period from a planned economy to a market economy, a lot of issues
should be studied from the basic political economy to the distribution and other
welfares. The course is designed to foreign students to think about Chinese basic
economic issues in the transitional times and to share their perspectives with
colleagues.

Course Objectives
  To introduce the basic economic transitional theory.
  To introduce the traditional Chinese culture and its effects upon the economic
   effects.
  To compare Chinese economic practice and achievements in planned economy
   and market economy.
  To examine the development of China’s market economy.
  To examine the production factors in particular land resource allocation and its
   effects.
  To examine the Chinese distribution and inequity issue.
  To examine the real estate market and housing price in the past decades.
  To introduce the Chinese experience of securities markets and corporate
   governance.
  To study other related issues.
Course Content and Lectures Planning
  Time         Topics                                            Host
  From March Basic economic transitional theory                  Dr. Huachun Wang
  to April     Traditional Chinese culture and its effects
               Chinese economic practice and achievements
               Development of China’s market economy
               Land resource allocation and its effects
               Distribution and inequity
               Real estate market and housing price
               Securities markets and corporate governance
  May          Chinese Financial System 1                        Prof. Honggang Li
               Chinese Financial System 2
                 Chinese Information Behaviors in Daily Life 1   Prof. Huan Qiao
                 Chinese Information Behaviors in Daily Life 2


Course Requirements and Student Assessment
  Attendance (20%): We expect you to attend all classes except irresistible force
   factors.
  Required Readings (30%): We will assign several readings during the semester
   and hope you will read them.
  Reflective essays (50%): We hope you will give a report on what you learnt in
   this course or what idea about Chinese economic theory and practice. The length
   depends on you, two or three pages is OK.

				
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Description: China's economy during the past 40 years has changed from a centrally planned system that was largely closed to international trade to a more market-oriented economy that has a rapidly growing private sector and is a major player in the global economy, in 2010 China became the world's largest exporter. Measured on a purchasing power parity (PPP) basis that adjusts for price differences, China in 2010 stood as the second-largest economy in the world after the US, having surpassed Japan in 2001.