ABSTRACT

This conclusion presents some closing thoughts on the concepts discussed in preceding chapters of this book. The book is organized with a clear sense that economic marketization has already brought China into the world of global capitalism, and most of the authors do recognize that the market transition that has taken place in the past decades has resulted in some rudimental changes in various aspects ranging from the political economy and regime dynamics, to state-society relations and external relations with the rest of the world. It founds various changes to the party-state regime, not simply in forms of decline, as many existing publications point out, or of building up state capacity for the nation's overall interest, as some other studies have proposed, but rather in more complicated and multi-dimensional fashions that enter into, as emphasized earlier, the crystallization of a new set of political economic arrangements.