SemesterFall Semester, 2023
DepartmentInternational Master's Program in Asia-Pacific Studies, First Year International Master's Program in Asia-Pacific Studies, Second Year International Master's Program in Asia-Pacific Studies, Third Year International Master's Program in Asia-Pacific Studies, Fourth Year
Course NameChinese Economic Development
Course TypeElective
Course Objective
Course Description
Course Schedule

There are three lecturers for this course. The lecturer for each part of the course is given in parenthesis:  Yih-Chyi Chuang (C), Hao-Chung Li (L), and Shinn-Shyr Wang (W).

  1. Introduction to the Course--1 week  (C, L, W)

  2. Introduction to the Chinese Economy--2 weeks  (L, W)

    1. Chinese economy before 1949

    2. Socialist era 1949-1978

    3. Market transition since 1978

    4. The urban-rural divide.

  3. Patterns of Growth and Development--4 weeks  (C)

    1. Growth and structural change

    2. Population growth and one-child policy

    3. Labor and human capital

    4. Incomes, inequality, and poverty

    5. Chinese consumption pattern

    6. Macroeconomic trends and cycles

    7. Rebalancing China's economic growth

  4. The Rural and Urban Economy--5 weeks  (L, W)

    1. Rural agriculture

    2. Rural industrialization

    3. Urban ownership and governance

    4. Urban structural change: industry, energy, and infrastructure

    5. Chinese manufacturing competitiveness

    6. Environmental cost of Chinese growth

    7. Technology policy and the knowledge-based economy

    8. Chinese financial system

  5. China and the World Economy--2 weeks  (L)

    1. International trade

    2. Foreign investment

    3. Impacts of US-China trade war

  6. Contemporary Issues in China--3 weeks  (L, W)

    1. Belt and Road Initiative

    2. Made in China 2025

    3. China Standards 2035

    4. 14th Five-Year Plan

    5. Impacts of COVID-19

  7. Term Paper Writing --1 week (L, W)

Expected workload per week:

      3.0 In-class Hours

      4.5 Outside-of-class Hours

Teaching Methods
Teaching Assistant



In-lecture discussions on current issues in China 30% 

Final project proposal (presentation and discussion) 30% 

Final project (term paper) 40%

Textbook & Reference

The main textbooks for this course are 

Naughton, Barry (2007). “The Chinese Economy: Transition and Growth.” MIT Press. (Electronic resource available at the library.)

Kroeber, Arthur R. (2016). “China's Economy: What Everyone Needs to Know,” 1st edition. Oxford University Press.

Lardy, Nicholas (2012). “Sustaining China's Economic Growth after the Global Financial Crisis.” PIIE Press. 

We will also discuss articles from Economist and Financial Times as well as some contemporary books on the Chinese economy.

Urls about Course
Online sessions if physical ones not available: