Tables -- Figures -- Abbreviations -- Contributors -- Acknowledgments -- 1. Rebalancing the Chinese Economy to Sustain Long-Term Growth - Huw McKay and Ligang Song -- 2. Looking Inward for Growth - Rod Tyers -- 3. Financial Repression and China's Economic Imbalances - Anders C. Johansson -- 4. Narrowing China's Current Account Surplus:The role of saving, investment and the renminbi - Guonan Ma, Robert McCauley and Lillie Lam -- 5. Has the 'Flying Geese' Phenomenon in Industrial Transformation Occurred in China? - Yue Qu, Fang Cai and Xiaobo Zhang -- 6. China's Processing Trade: A firm-level analysis - Miaojie Yu and Wei Tian -- 7. Upgrading China's Economy through Outward Foreign Direct Investment - Bijun Wang -- 8. Intra-Provincial Inequality in China: An analysis of county-level data - Tsun Se Cheong and Yanrui Wu -- 9. Mapping Modes of Rural Labour Migration in China - Sylvie Démurger -- 10. Climbing the Intergenerational Ladder of Education in Urban, Migrant and Rural China - Jane Golley and Sherry Tao Kong -- 11. Demographic Transition in Rural China: A field survey of five provinces - Funing Zhong and Jing Xiang -- 12. Building Social Welfare in China: Providing retirement incomes in a transforming economy - Andrew Watson -- 13. An Empirical Study of China's High-Tech Industry Innovation Capability in Transition - Zhiyun Zhao and Chaofeng Yang -- 14. The Impact of China's Economic Growth on its Water Resources: A regional and sectoral assessment - Hong Yang, Zhuoying Zhang and Minjun Shi -- 15. Why Are the Stakes So High?: Misconceptions and misunderstandings in China's global quest for energy security - ZhongXiang Zhang -- Index.