This book is part of a series which makes available to English-speaking audiences the work of the individual Chinese economists who were the architects of China's economic reform. The series provides an inside view of China's economic reform, revealing the thinking of the reformers themselves, unlike many other books on China's economic reform which are written by outside observers. Li Jiange (1949-) is one of the most notable and powerful economists holding office in China at present. His work has included major contributions to debates about maintaining financial stability, about achieving equitable income distribution, and about China's overall economic development.