Show simple item record

Market Integration in the People’s Republic of China. Asian Development Review, Vol. 28(1), pp. 72-93

dc.contributor.authorQingqing Chen
dc.contributor.authorChor-Ching Go
dc.contributor.authorBo Sun
dc.contributor.authorLixin Colin Xu
dc.description.abstractOver the last 3 decades, the product, labor, and capital markets of the People’s Republic of China (PRC) have become gradually more integrated within its borders, though integration has been significantly slower for capital markets. There remains a significant urban–rural divide, and cities in the PRC tend to be undersized by international standards. The PRC has also integrated globally, initially through its special economic zones on the coast as launching grounds to connect with world markets, and subsequently through the PRC’s accession to the World Trade Organization. For future policy considerations, we argue that its economic production needs to be spatially concentrated, and its social services need to be spread out to the interior to ensure harmonious development and domestic integration, through inclusive rural–urban transformations and effective territorial development
dc.publisherAsian Development Bank
dc.rightsCC BY 3.0 IGO
dc.titleMarket Integration in the People’s Republic of China. Asian Development Review, Vol. 28(1), pp. 72-93
dc.subject.adbEconomic Integration
dc.subject.adbCapital market
dc.subject.adbEconomic growth
dc.title.seriesAsian Development Review
dc.title.volumeVolume 28, Number 1, pp. 72-93
dc.contributor.imprintAsian Development Bank
oar.themeLabor Migration
oar.authorChen, Qingqing
oar.authorGo, Chor-Ching
oar.authorSun, Bo
oar.authorXu, Lixin Colin

Files in this item


This item appears in the following Collection(s)

  • Asian Development Review
    The Asian Development Review (ADR) is a professional journal for disseminating the results of economic and development research relevant to Asia and the Pacific. Since 1983, the ADR has been an important part of the history of the Asian Development Bank and its mission to reduce poverty across Asia and the Pacific.

Show simple item record

Users also downloaded