China’s post-Maoist economy has gained rapid growth since 1978 when it embarked on economic reforms and opening up policies initiated by Mr. Deng Xiao-ping. As a major participant in the world economy due to its size, dynamic growth, and continuing reform policies, China’s economic future is important to investors, households, and governments. This course tries to give some explanations to so-called China's Miracle, and more importantly, to discuss current top issues and directions of future opening-up and reform.

This course contains three parts. The first part outlines the economic, political and social foundations for China's miracle. The second part turn to special issues on Chinese economy, comparing them with developed economies, discussing their origins and difficulties, and reviewing top solutions. To conclude, the last part discusses some feasible strategies for China at a crossroad. While evaluating China's future reform and opening-up strategies, it will also conclude the economic progresses as well as the big challenges to China's sustainable developments in a broader view.

Students should understand the political and economic logic of China’s reform and opening-up since 1978. Ongoing reforms should also be known. Students should be familiar with at least 2 areas in China’s reform agenda.