Preface; Contents; List of Figures; List of Tables; Introduction; References; Chapter 1: The Beginning of Reform; 1.1 China and the World in 1980; 1.2 Initial Conditions and Reform Options; 1.3 The Reform Path Reflects a Consistency between the Logic of Theory and the Logic of Practice; 1.4 The Wisdom of Reform: "Playing the Edge Ball" and "Crossing the River by Feeling the Stones"; References; Chapter 2: Crossing the River by Feeling the Stones; 2.1 The Rural Reform Initiative; 2.1.1 The Micro-level Management System Reform in Rural Areas. 2.1.2 The Rapid Growth and Timely Transformation of Township Enterprises2.1.3 Respect for Farmers' Reform Initiative; 2.2 Enterprise Reform and Development of Non-public Economy; 2.2.1 The Development of Non-public Economy; 2.2.1.1 Feature; The Emergence of Individual Economy; 2.2.2 SOE Reform; 2.3 Dual-Track Pricing and the Price Reform; 2.3.1 Dual-Track Pricing; 2.3.2 The Radical Price Reform; References; Chapter 3: The Overall Advancement of Reform; 3.1 Planned Economy or Market Economy?; 3.2 Organic Combination of Socialism and Market Economy; 3.3 The Overall Advancement of Reform. 3.3.1 From Development of Commodity Market to Development of Factor Market3.3.1.1 Market-Oriented Reform of Capital Factor; 3.3.1.2 Market-Oriented Reform of Labor Factor; 3.3.1.3 Market-Oriented Reform of Land Factor; 3.3.2 From Micro Reform to Macro Reform; 3.3.2.1 Reform of the Finance and Tax System; 3.3.2.2 Reform of Financial System; 3.3.3 Laying More Stress on Fairness from Focusing on Efficiency; References; Chapter 4: Development of Open Economy; 4.1 Background and Trend of Economic Globalization; 4.2 Unveiling the Curtain for Opening Up. 4.3 The Key Step for Opening Up: Accession to WTO4.4 China's Experience in Opening Up: Gradual and Orderly Opening Up; 4.4.1 Protected Trade Opening Up; 4.4.2 Orderly Dual Financial Opening Up; 4.5 The New Trend of the Development of Open Economy; 4.5.1 New Challenges for Open Economy; 4.5.2 Shanghai Free Trade Zone and Its Expansion; 4.5.3 "One Belt, One Road" Strategy; 4.5.4 Emphasis of Open Economic Development; References; Chapter 5: Reform of Macro Management System; 5.1 "Learning from China on Macro-control"; 5.2 "Macro-control" with Chinese Characteristics. 5.2.1 Diversity of Macro-control Target5.2.2 Structural Macro-control; 5.2.3 Unification of Reform, Development and Stability; 5.2.4 Strategic Planning in Parallel with Fiscal and Monetary Policies; 5.3 Reform of Macro Management System and Evolution of the Macro-control Philosophy; 5.3.1 Introduction of "Macro-control" and Its Impact with the Ideology of Planned Economy (1978-1992); 5.3.2 Primary Formation and "Soft Landing" of Macro-control System (1993-2002); 5.3.3 Relatively Stable Macro-control Ideology (2003-2012); 5.3.4 Macro-control Under New Normal (2013- ).