since china started reform and opening to the outside world in 1978,its economy has succeeded in growing at an average annual increase of 90.000000or more thea 20 con-secutive years,thus making a miracleithe history of the world economy.china today has succeeded not only in resolving the problem of feeding and clothing a popula-tion of 1.3 billion people,but also in reaching aleve of initial prosperity.the chinese economy is increasingly becoming a driver to the economic development of the world.thes book intends to provide a general information of the chinese economy today,describe the achievments china has made in its economic restucturing and open-ing up in the development of rural and urban china,focusing on the changes that have taken place in the eco-nomic life of the chinese people,looking into the present and future of china s manufacturing industry,analyzing different views and comments of economists abroad on china s economy and tryig to help people across the world know better the great and profound chang es the chinese economy is undergoing.