This volume marks a turning point in the study of Chinese economic history. It arose from a realization that the economic history of China—as opposed to the history of the Chinese economy—had yet to be written. Most histories of the Chinese economy, whether by Western or Chinese scholars, tend to view the economy in institutional or social terms. In contrast, the studies in this volume break new ground by systematically applying economic theory and methods to the study of China. While demonstrating to historians the advantages of an economic perspective, the contributors, comprising both historians and economists, offer important new insights concerning issues of long-standing interest to both disciplines. Part One, on price behavior, presents for the first time preliminary analyses of the incomparably rich and important grain price data from the imperial archives in Beijing and Taibei during the Qing Dynasty (1644–1911). These studies reveal long-term trends in the Chinese economy since the seventeenth century and contain surprising discoveries about market integration, the agricultural economy, and demographic behavior in different regions of China. The essays in Part Two, on market response, deal with different aspects of the economy of Republican China (1912–49), showing that markets for land, labor, and capital sometimes functioned as predicted by models of economic "rationality" but at other times behaved in ways that can be explained only by combining economic analysis with knowledge of political, regional, class, and gender differences. Based on new types of data, they suggest novel interpretations of the Chinese economic experience. The resulting collection is interdisciplinary scholarship of a high order, which weaves together the analytic framework provided by economic theory and the rich texture of social phenomena gathered by accomplished historians. This title is part of UC Press's Voices Revived program, which commemorates University of California Press’s mission to seek out and cultivate the brightest minds and give them voice, reach, and impact. Drawing on a backlist dating to 1893, Voices Revived makes high-quality, peer-reviewed scholarship accessible once again using print-on-demand technology. This title was originally published in 1992.

In order to understand China's current economic miracle, it is essential to thoroughly study the true picture of China's economy before the arrival of the West in the mid-19th century. This volume collects the internationally influential Chinese economic historian Prof. Li Bozhong’s influential academic work written in English over several decades, focusing on how to abandon the previously prevailing Western-centric historical viewpoint and recognize the changes in China's economic history during the Ming and Qing dynasties from a new perspective. The selected papers are divided into two main categories: macro-level presentations and reports delivered at major international historical events, and specialized research on economic history, with a particular focus on the economic history of the Jiangnan region during the Ming and Qing Dynasties and comparative economic history between China and the West. The book aims to promote international exchanges in the field of Chinese economic history and expand the international vision of the younger generation of economic historians in our country. These papers, published in various journals and occasions, generated a positive academic response abroad. Upon compilation and publication, this volume will further promote international exchanges in Chinese economic history and enhance the international vision of young economists. Prof. Li Bozheng, born in Kunming, Yunnan Province in 1949, graduated from Xiamen University. He is among the first batch of master's and doctoral degree recipients in history following the restoration of the degree system in new China, and also a postdoctoral researcher at the University of Michigan in the United States. Currently, he serves as a Humanities Chair Professor at Peking University. In 1998, Prof. Li Bozheng joined Tsinghua University, and founded the Tsinghua University Center for Chinese Economic History. He has held various roles, including consultant, director of the History Department, and director of the Institute of Intellectual and Cultural Studies. In 2009, he joined the Tsinghua University Academy of Sinology. Throughout his career, Prof. Li Bozheng has been a guest professor at numerous universities, including the French School of Advanced Studies in Social Sciences, the London School of Economics and Political Science (Department of Economic History), Keio University (Faculty of Economics), Harvard University (Department of East Asian Civilizations and Languages), the University of Michigan (History Department), the California Institute of Technology (Division of Humanities and Social Sciences), and the University of California (History Department). A long-term devotee to the study of Chinese economic history, he has published over ten monographs and ninety academic papers in both Chinese and English, making significant contributions to the field.

China's extraordinary rise as an economic powerhouse in the past two decades poses a challenge to many long-held assumptions about the relationship between political institutions and economic development. Economic prosperity also was vitally important to the longevity of the Chinese Empire throughout the preindustrial era. Before the eighteenth century, China's economy shared some of the features, such as highly productive agriculture and sophisticated markets, found in the most advanced regions of Europe. But in many respects, from the central importance of irrigated rice farming to family structure, property rights, the status of merchants, the monetary system, and the imperial state's fiscal and economic policies, China's preindustrial economy diverged from the Western path of development. In this comprehensive but accessible study, Richard von Glahn examines the institutional foundations, continuities and discontinuities in China's economic development over three millennia, from the Bronze Age to the early twentieth century.

A comprehensive survey of Chinese economic history from 1800 to the present from an international team of leading experts.

The Chinese Economic Transformation, the 19th volume in the China Update book series, provides an opportunity for young economists to share their views on various issues relating to the Chinese economic transformation. More than half of the contributors to this book are female scholars. Some of the contributors are rising stars in the studies of the Chinese economy and economic transition, and some only recently received their PhDs and are on their way to establishing themselves in the field of China studies. But they have one thing in common: to passionately observe, study and research what is going on in the Chinese economic transformation during the reform period; and, by so doing, make contributions to the policy debates on, and general understanding of, the Chinese economy. The chapters in this volume include an in-depth probe into challenges in capital and credit allocation due to financial friction and policy distortions; investigating the causes of growth slow-down in China and suitable policy responses; the evolution of the household registration system and its impact on off-farm employment and the integration of rural and urban labour markets; the growth, scale and characteristics of nonstandard employment; the development of rural e-commerce and its economic impact; innovation performance of listed enterprises in China; financial services liberalisation and its impact on firms’ performance; financing support schemes for small and medium-sized enterprises (SMEs) and the effect on banks’ credit allocation to SMEs; the potential costs of US–China trade conflict and ways to mitigate them; gender income gap in China’s labour market; causes of blockage of Chinese overseas direct investment and strategies to reduce the probability of encountering obstacles; and the role of state capital in the iron ore boom in Australia. The great variety of topics in this year’s Update allows readers to understand the current shape of the Chinese economy and to think deeply about policies and necessary reforms for future growth and development.

This open access book considers a pivotal era in Chinese history from a global perspective. This book’s insight into Chinese and international history offers timely and challenging perspectives on initiatives like “Chinese characteristics”, “The New Silk Road” and “One Belt, One Road” in broad historical context. Global History with Chinese Characteristics analyses the feeble state capacity of Qing China questioning the so-called “High Qing” (shèng qīng 盛清) era’s economic prosperity as the political system was set into a “power paradox” or “supremacy dilemma”. This is a new thesis introduced by the author demonstrating that interventionist states entail weak governance. Macao and Marseille as a new case study aims to compare Mediterranean and South China markets to provide new insights into both modern eras’ rising trade networks, non-official institutions and interventionist impulses of autocratic states such as China’s Qing and Spain’s Bourbon empires.