ABSTRACT
This chapter provides an outline of the complexity of the Deng Xiaoping development system. It examines the establishment and characteristics of the Chinese development system from the viewpoints of the East Asian development model. The chapter investigates the characteristics of the whole national system in the Chinese economic development model, whose attention is paid, first, to the risk transmission mechanism behind the competitiveness of low-cost products, and second, to the task of transforming from price competitiveness to technology competitiveness. It discusses various problems of systemic transition, which are a driving force of systemic transition, the advantages and disadvantages of backwardness, the capability of challenge and counter-challenge of civilization. The chapter considers the evolution of a fact following mechanism of institutional change. It also investigates, from both economic and political view points, the important topic of asking whether China could join the East Asian model countries.
