In 2003, China's gross domestic product (GDP) of the year topped the 10 trillion yuan level to reach 11,689.8 billion yuan, up by 7% over the previous year at comparable prices. The value-added of the primary industry was 1,488.3 billion yuan. The value-added of the secondary industry was 5,298.2 billion yuan. The value-added of the tertiary industry was 3,867.5 billion yuan.

This book intends to provide a general information of the Chinese economy today，describe the achievements China has made in its economic restructuring and opening up in the course of pushing modernization.

Since China started reform and opening to the outside world in 1978，its economy has succeeded in growing at an average annual increase of 9％ for more than 20 consecutive years，thus making a miracle in the history of the world economy．China today has succeeded not only in resolving the problem of feeding and clothing a population of 1.3 billion people，but also in reaching a level of initial prosperity，The Chinese economy is increasingly becoming a driver to the economic development of the world.

This book intends to provide a general information of the Chinese economy today，describe the achievements China has made in its economic restructuring and opening up in the course of pushing modernization，drawing attention to the development of rural and urban China，focusing on the changes thal have taken place in the economic life of the Chinese people，looking into the present and future of China's manufacturing industy,analyzing different views and comments of economists abroad on China's economy and trying to help people across the world know better the great and pround changes the Chinese economy is undergoing.

China's Course of Modernization and its Outlook

Economic Restructuring-From Planned Economy to Market Economy

Opening to the Outside World-A Switch from an Inward-Looking Economy to an Open Economy

Development and Reform of China's Rural Economy

Urbanization-A Major Strategy for Economic Development

The So-Called“World Manufacturing Center”

Ten Major Changes in Chinese Common People's Life

Overseas Comments on Chinese Economy