Yunxian Chen Livres

"This book aims to look into countries' national financial behaviors and their attributes under the modern financial system and explore several important themes regarding national finance. Different from the commonly referred to finance discipline which studies financial affairs in general, national finance focuses on the most essential and immediate issues pertaining to a country's financial development: After a country designs its top-level financial layout and chooses a regulatory regime, how should it lead its domestic finance to develop and overtake? How should a country's financial system respond to the worldwide rapid development of hi-techs? How to guard against and cope with systemic or regional financial risks? How should a country participate in the construction and promotion of a new international financial order amid international financial powers? These are all questions national finance as a subject must address at the highest level"-- Provided by publisher

The book explores the limitations of mainstream Western economics, offering a fresh perspective on China's 40 years of reform and opening up. It analyzes the successful economic strategies employed during this period and aims to develop a new economic system and market theory informed by these insights. By integrating findings from China's innovative developments, the research seeks to contribute to global economic theories and foster economic growth worldwide.

Focusing on the interplay between government and market dynamics, this book introduces mezzoeconomics, a contemporary branch of economics. It emphasizes the study of regional economic entities and the distribution of resources at a local level, offering a fresh perspective on how these factors influence broader economic systems. Through this lens, readers will gain insights into the complexities of regional economies and resource allocation.

Under the conditions of market economy, the government is an independent economic entity, whose function is not only to provide services and handle public affairs, but also to coordinate, advance and lead economic development. The dual functions of regional government include providing service and administration at the micro-level on behalf of market economy on one hand and leading, regulating and promoting economic development at the macro-level on behalf of the central government on the other hand. Foresighted leading means giving free rein to the government, especially regional government, in economic guidance, regulation and early warning. It also means that the government is responsible for effectively allocating funds and gaining advantages using market rules, leveraging market forces and other means such as investment, price, taxation, law, and organizational, institutional and technological innovations to promote the scientific and sustainable development of the regional economy.