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1. A Globalizing China: An Introduction 1 Shang-Jin Wei, Guanzhong James Wen and Huizong Zhou PART 1: TRANSFORMATION IN THE CHINESE ECONOMY 11 2. Revamping the Industrial Policies 13 Ding Lu 3. The Future of the Agricultural Sector 34 D. Gale Johnson 4. Telecommunications: Moving Towards Competition 47 Ding Lu 5. Telecommunications: Recent Rate Adjustments 68 Huizhong Zhou 6. Automobile and Fuel Industries 82 Jason Z Yin and David F. Gates PART 2: SOCIAL IMPLICATIONS 101 7. Reconfiguration of the Labor Market 103 Haizheng Li and Guifang (Lynn) Yang 8. Regional Inequality 118 Xiaobo Zhang and Kevin Honglin Zhang 9. Urbanization and Population Relocation 134 Guanzhong James Wen PART 3: LINKAGE WITH THE WORLD 153 10. The Impact on the US and Other Countries 155 Zhi Wang 11. The Impact on Taiwan 190 Chen-yuan Tung 12. Foreign Investment in China: Macro Determinants 205 Kevin Honglin Zhang 13. Foreign Investment in China: Firm Strategies 221 Minquan Liu, Luodan Xu and Liu Liu 14. Explosion of Trade Disputes? 244 Jason Z. Yin and Doowon LeeLibrary of Congress Subject Headings for this publication: China Foreign economic relations, Globalization Economic aspects China, Globalization Social aspects China, Investments, Foreign China, China Economic policy 2000-China Economic conditions 2000-International economic integration