Singapore University of Social Sciences

Chinese Economy in Transformation

Chinese Economy in Transformation (CCS103)


CCS103 Chinese Economy in Transformation is a survey course of the economic development of China since 1978. Over the last three decades, China has been the fastest growing economy in the world, and has become a major global player. China’s experience with socialism and its transformation into a market economy make it an important case study of how economic institutions can be altered and what consequences such transformation brings. Students will apply economic concepts and theories in making sense of the economic transformation in China and discuss the merits and pitfalls of Chinese economic growth.

Level: 1
Credit Units: 5
Presentation Pattern: Every January
E-Learning: - Learning is done ENTIRELY online using interactive study materials in Canvas. Students receive guidance and support from online instructors via discussion forums and emails. There are no face-to-face sessions. If the course has an exam component, this will be administered on-campus. To be confirmed


  • Studying the Chinese Economy
  • The Socialist Era, 1949-1978: Big Push Industrialization and Policy Instability
  • Reform and Opening Up
  • Growth and Structural Change
  • China and the World Economy
  • Incomes, Inequality and Poverty
  • Regional Disparities
  • Agriculture
  • Rural-Urban Migration
  • Energy Security
  • Environmental Challenges
  • China’s Future

Learning Outcome

  • Demonstrate basic knowledge in contemporary Chinese economy;
  • Apply economic concepts and theories in understanding the changes in the Chinese economy;
  • Relate the Chinese economy to the global economy and to other post-socialist economies;
  • Discuss the benefits and costs of the Chinese economic development.
  • Explain the Chinese economy;
  • Cite information and data on the Chinese economy.
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