Chinese industrial reform: Accomplishments, prospects, and implications
探讨中国在缺乏私有化等常规改革条件的情况下，工业领域仍实现产出、就业和出口快速增长的原因，回顾1978年改革以来的成就，分析部分改革的未来走向及其启示。
Why has China grown so fast when conditions thought to be necessary for growth were absent? Nowhere is this dissonance greater than in China's industrial sector, which has recorded big gains in output, employment, and exports in the absence of privatization, effective bankruptcy legislation, and other policy innovations widely seen as prerequisites for successful reform. This essay reviews the accomplishments of Chinese industry since the start of reform in 1978, focusing on the internal dynamics of the development process; considers the future of partial reform; and discusses the implications of China's industrial reform experience.