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China’s 40 Years of Opening-up: Evaluation and Prospects

Author

Listed:
  • Yang, Pyeongseob

    (Korea Institute for International Economic Policy)

  • Na, Suyeob

    (Korea Institute for International Economic Policy)

  • Park, Minsuk

    (Korea Institute for International Economic Policy)

  • Lee, Hanna

    (Korea Institute for International Economic Policy)

  • Cho, Koun

    (Korea Institute for International Economic Policy)

  • Oh, Yunm

    (Korea Institute for International Economic Policy)

Abstract

The year 2018 marks the 40th anniversary of Chinas reform and opening policy. This study comprehensively looks at Chinas opening policy over the 40 years of its reform and opening policy, and anticipates the direction of the opening policy which Xi Jinping will pursue in his second term. For this purpose, we identified major areas (regional opening strategy, foreign direct investment strategy, outward investment strategy, FTA strategy, and the U.S.-China trade relationship) to examine changes in the opening policy, going on to present countermeasures that Korea may take.

Suggested Citation

  • Yang, Pyeongseob & Na, Suyeob & Park, Minsuk & Lee, Hanna & Cho, Koun & Oh, Yunm, 2019. "China’s 40 Years of Opening-up: Evaluation and Prospects," World Economy Brief 19-19, Korea Institute for International Economic Policy.
    • Handle: RePEc:ris:kiepwe:2019_019
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    Keywords

    China; SEZs;

    JEL classification:

    • A10 - General Economics and Teaching - - General Economics - - - General

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