Course Code


Course Name

State and Market in Modern China


Wednesday 2:30-5:15pm


CYT 203


LI Chen

Teaching Assistant

LIU Fengwei

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’s state-led big push industrialization, market-oriented reform, the institutional foundation of China’s growth miracle, China’s state enterprise reform, China’s industrial and innovation policy, land and urbanization, regional planning, financial reform, corruption/anti-corruption, China’s integration with global production networks, as well as China’s state capacity and policy styles, 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

Detailed Course Outline is available on Blackboard.

Week 1: Overview: State and Market in Economic Development

Week 2: The Governance Structure of the Chinese State

Week 3: Big Push Industrialization and Command Economy

Week 4: Market Transition and Reforms

Week 5: State-owned Enterprises

Week 6: Globalization and Industrial Policy

Week 7: Innovation Policy

Week 8: Land and Urbanization

Week 9: Regional Planning

Week 10: Financial Reform

Week 11: Corruption and Anti-Corruption

Week 12: Policy Style: Planning, Experimentalism and Campaign

Week 13: State Capacity and Marketcraft

Assessment & Assignments

Attendance: 10%

Participation: 10%

Reading Presentation: 20%

Essay Test: 30%

Term Paper: 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

With each assignment, students will be required to submit a signed declaration that they are aware of these policies, regulations, guidelines and procedures.

  • In the case of group projects, all members of the group should be asked to sign the declaration, each of whom is responsible and liable to disciplinary actions, irrespective of whether he/she has signed the declaration and whether he/she has contributed, directly or indirectly, to the problematic contents.
  • For assignments in the form of a computer-generated document that is principally text-based and submitted via VeriGuide, the statement, in the form of a receipt, will be issued by the system upon students’ uploading of the soft copy of the assignment.

Assignments without the properly signed declaration will not be graded by teachers.

Only the final version of the assignment should be submitted via VeriGuide.

The submission of a piece of work, or a part of a piece of work, for more than one purpose (e.g. to satisfy the requirements in two different courses) without declaration to this effect shall be regarded as having committed undeclared multiple submissions. It is common and acceptable to reuse a turn of phrase or a sentence or two from one’s own work; but wholesale reuse is problematic. In any case, agreement from the course teacher(s) concerned should be obtained prior to the submission of the piece of work.