Urban Modernization : Case Study of Shenzhen (China Insights)

650.10 MYR
Member Price
585.09
English

Product Description

This book posits that, beyond China’s reform and opening-up policy and various factors of timing, geographical advantages, and popular will, the institutional innovations introduced in Shenzhen—including allowing inputs to receive reasonable returns, leveraging the market's role, cultivating modern industrial chain (clusters), promoting high-quality economic development, emphasizing contractual obligations and the rule of law, and establishing a limited yet effective governance framework—constitute the unique drivers of Shenzhen's modernization. The city's new designation as a Pilot Demonstration Zone has charted a course for its future development by defining new goals and consolidating its institutional advantages.  

This book argues that, in addition to China's reform and opening-up policy and various factors of timing, location and popular will, institutional innovations such as allowing inputs to receive reasonable returns, giving full play to the role of the market, fostering and forming a modern industrial chain (clusters), promoting high-quality economic development, attaching importance to the contracts and the rule of law, and limited and positive and efficient  governance framework, are the unique codes of Shenzhen's modernization. The new positioning of the Pilot Demonstration Zone has set new goals and institutional advantages for Shenzhen's future development.

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