This book aims to interpret China’s property-rights reform since 1978 on theory level. Property-rights reform is no doubt the essential for economic system reform, which led to China’s economic miracle in the past 40 years. Neither modern property-rights theory nor Marxism can explain all issues around Chinese complex economic system reform. The book sheds light on the theory development through comparative study and China-focused research.

Huang Shaoan, Ph.D. of Economics, is a Yangtze River Scholar of the Ministry of Education. Huang is the dean of the Center for Economic Research of Shandong University, and the executive dean of Institute of Shandong Development. Huang is also an expert of theoretical economics group at Academic Degrees Committee of the State Council and expert of review group of National Social Science Fund. Huang created the Center for Economic Research of Shandong University and the journal of Research of Institutional Economics. Huang is one of the important organizers and leaders of China's property-rights theory, institutional economics and law economics as well as the research and discipline construction of language economics. Huang’s main research area is property-rights theory, business theory, institutional economics and rural economy. And he successively won the Sun Yefang Economics Award and the first China Rural Development Research Award. 

About the Translator:

Huang Yanfeng, an English-Chinese and Chinese-English translator with a master's degree in Economics, has translated and published more than 40 books from English to Chinese in economics, management, finance, psychology, history, and fiction. He has also translated several books from Chinese to English, including one project sponsored by the Chinese Fund for the Humanities and Social Sciences. In addition, he has copy-edited several English books translated from Chinese and published abroad.