ThisbookprovidesatimelyupdateontheongoingtransformationoftheChineseeconomy.Astheworld'ssecondlargesteconomy,Chinamarkedthe40thanniversaryofeconomicreformandopening-upin2018.Inthisbook,topscholarsonChineseeconomicstudiesreviewChina'sremarkableeconomicachievementinthepastfourdecadesandanalysethechallengesfacingeconomicdevelopmentinthecountry.ThebookfocussesonstructuralchangesofChina'seconomy,whichareessentialtosteerthecountrytowardssustainabledevelopment.Itstudiesthelong-termfactorsaffectingtheChineseeconomysuchaseducationandinnovation,andemergingsourcesofeconomicgrowth,suchase-commerce.OtherimportantaspectsoftheChineseeconomyexploredinthisbookincludetheeconomicroleoftheChinesegovernment,fiscalreforms,capitalaccountliberalisation,housingpolicies,competitionpolicyandanti-monopolylaw,China'sexport,trendsofregionaldevelopmentandreformsofstate-ownedenterprises.Thisrichcollectionofpolicy-orientedeconomicstudiesisalsoatributetoProfessorJohnWong,formerresearchdirectoroftheEastAsianInstitute,NationalUniversityofSingapore,whopassedawayinJune2018.Foroverthreedecades,ProfessorWonghadfollowedandprovidedinsightfulanalysesonChina'seconomicdevelopment.