This book narrates the history of China's successful development since the reform and opening up policy and explains why it has boosted the growth of its economy. The author reveals the emerging challenges facing China when transitioning to high-income country and proposes suggestions to help China sustain the long-term development.

Cai Fang is Professor, Vice President and Party Group Member of the Chinese Academy of Social Sciences, Academician at the Chinese Academy of Social Sciences.

1. Changes of Reform from Thirty Years to Forty Years. 2. Development is an Unyielding Principle. 3. Reform Is the Fundamental Driving Force. 4. Globalization and Chinese Factor. 5. Development Stages and Turning Point. 6. Engine for Sustainable Growth. 7. Beyond the Demographic Dividend. 8. Achieving Balanced Development. 9. Redefinition of Government Functions. 10. Embracing the Great Rejuvenation