After more than 30 years of rapid economic growth, China is becoming the second largest economy in the world. However, China’s economy has encountered many difficulties, which has urged China to transform the development pattern in recent years. Could China’s economy be sustainable? Could it also continue to grow at its current speed? What does China’s economy look like in 2014? The environment of China’s economy is very complicated. Factors such as China’s economic reform cycle, industrialization and urbanization will influence direction and tendency of China’s economy. It will be easier to know where China’s economy is going by looking back at the path of other countries’ economic growth, especially countries like Japan and Korea.

Taiyan Huang is the President of Liaoning University and Dean of Research at the Center for China’s Private Enterprise at Renmin University. He is also President of the Society for China’s Economy Reform and Development Studies and Secretary General of Economic Theory and Practice of Chinese University’s Annual Meeting. His research interests include China’s economic reform and development.

Huang received his B.A, M.A and Ph.D in Economics from Renmin University between 1979-1988. He has published over 50 books and written over 450 papers during his academic career. He has received over 50 research awards  and grants including a Ford Foundation grant.