China’s Transition to a New Phase of Development

China’s Transition to a New Phase of Development

Edited by: Ligang Song orcid, Yixiao Zhou orcid

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The Chinese economy is currently undergoing fundamental changes. In this context, the 2022 China Update examines the key characteristics of China’s transition towards a new phase of economic growth and development. This year’s update book covers a range of diverse topics that reflect the complex and changing nature of the economy. It explores critical questions: Why does China need a new development paradigm, and what is the best way to achieve it? What are China’s choices when faced with the restructuring of global industrial value chains? What key roles will domestic consumption play in the next phase of China’s development? What does the digital transformation mean for the Chinese economy? What has been the domestic impact of the Covid-19 pandemic on income inequality and labour market outcomes? What pathways exist for China in its transition towards carbon neutrality? How does China’s emissions-trading market compare with that of Europe? How will China’s carbon neutrality strategy affect the Australian economy? What are the political factors influencing bilateral trade flows between China and its trading partners? And what is at stake for China–US relations?


ISBN (print):
ISBN (online):
Publication date:
Nov 2022
ANU Press
China Update Series
Business & Economics; Social Sciences: Politics & International Studies, Social Policy & Administration
East Asia: China

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China’s Transition to a New Phase of Development »

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  1. Managing China’s transition to a new phase of economic growth and development (PDF, 0.6MB)Ligang Song and Yixiao Zhou doi
  2. China’s new development paradigm and future development (PDF, 0.2MB) – Justin Yifu Lin doi
  3. China in the twenty‑first century: A national balance sheet perspective (PDF, 0.6MB)Xiaojing Zhang and Cheng Li doi
  4. The platform economy in China: Innovation and regulation (PDF, 0.2MB)Yiping Huang doi
  5. Global industrial chain restructuring and China’s choice (PDF, 0.2MB)Qiyuan Xu doi
  6. Challenges and opportunities for China to move towards consumption-led growth (PDF, 0.5MB)Wang Wei doi
  7. China’s hukou system reform: Endogenous evolution and adaptive efficiency (PDF, 0.4MB)Kunling Zhang doi
  8. Changes in income inequality and poverty early in the Covid-19 pandemic: Findings from a mixed data analysis (PDF, 3.3MB)Li Shi and Zhan Peng doi
  9. The impact of Covid lockdowns on China’s labour market outcomes in 2020: Evidence based on an employee tracking survey (PDF, 1.0MB)Dandan Zhang doi
  10. The strategy and pathway towards China’s carbon neutrality (PDF, 0.1MB)Yongsheng Zhang and Xiang Yu doi
  11. The mechanisms and development of emissions-trading markets: A comparison of the European Union and China (PDF, 0.3MB)Haocheng Shang and Fang-Fang Tang doi
  12. The transition to carbon neutrality in China and its impacts on Australia (PDF, 0.5MB)Xiujian Peng, Xunpeng Shi, Shenghao Feng and James Laurenceson doi
  13. Cooperation, conflict and ‘Quad’ exports to China (PDF, 1.2MB)Vishesh Agarwal, Jane Golley and Tunye Qiu doi
  14. US–China relations: How to stop the economic damage from de‑globalisation (PDF, 0.5MB)Wing Thye Woo doi

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