Course Code


Course Name

State and Market in Modern China


Thur 9:30am - 12:15pm


WMY 502


Prof Chung Wai Keung

Teaching Assistant


Course Description

This course examines the political economy of China’s development from the perspective of state-market relations. It will cover topics including China state’ structure and governance style, the command economy, China’s economy reform, rise of the private enterprises, reform of the state-owned enterprises, village and township enterprises and agricultural reform, among others. Students will gain a deeper understanding of the evolving state-market relations in China’s reform and development; and the extent to which China’s experience may be generalized as a model for other developing countries.

Course Outline

1. Overview: State and Market in Economic Development

2. The Governance Structure of the Chinese State

3. State Capacity and Marketcraft

4. Policy Style: Planning, Experimentalism and Campaign

5. China Planned economy

6. Chinese Economy as Transition Economy: The Theoretical Debates

7. Capitalism of Chinese Characteristics – the Reform Strategies

8. State-owned economic system reform in China

9. China’s Individual Economy, Business groups and Private Economy

10. China’s Rural Economic Development – Village and Township Enterprises

11. Agricultural Reform

12. Conclusion: The Constraints and Future of the Chinese Economy

Assessment & Assignments

Attendance 10%
Participation 10%
Pop Quizzes 20%
Book Report 30%
Final Exam 30%

Honesty in Academic Work

Attention is drawn to University policy and regulations on honesty in academic work, and to the disciplinary guidelines and procedures applicable to breaches of such policy and regulations. Details may be found at http:// www. cuhk. edu. hk/ policy/ academichonesty/. With each assignment, students will be required to submit a signed declaration that they are aware of the policies, regulations and procedures.