
Market in State is a book I co-authored with Zheng Yongnian, a leading political scientist specialized in China. Focusing on the evolving relations between the state and market from late imperial to contemporary China, Market in State present a theory of Chinese capitalism by identifying and analyzing three layers of the market system in the contemporary Chinese economy. These are, namely, a free market economy at the bottom, state capitalism at the top, and a middle ground in between. By examining Chinese economic practices through both theoretical and historical lens, the book sets out the analytical framework of ‘market in state’ to conceptualize the market not as an autonomous self-regulating order but part and parcel of a state-centered order.
CUP Official Page
https://www.cambridge.org/core/books/market-in-state/28B27FEFA6A8A76D9B7B9DC1B9E27680

中文版:
制内市场:中国国家主导型政治经济学 郑永年、黄彦杰(著),邱道隆(译),浙江人民出版社,2020年11月
《制内市场》针对学界对于中国政治经济制度本质的论争,提出了中国政治经济体系不同于市场经济和发展国家的模式,即由国家资本、中间地带与基层市场构成的金字塔结构。本书通过对大量文献和事例,讨论了中国国家主导的、多层次的“制内市场”的理论框架、历史演化和当代制度。
豆瓣读书
Reviews
‘Yongnian Zheng and Yanjie Huang have produced a brilliant and unique study of the state and market in China, based on a profound knowledge of the history and modern evolution of China’s economic and political institutions. Their balanced and objective study provides a thoroughly distinctive analysis of the Chinese state and its relationship to the economic system. It should be mandatory reading for anyone with a serious interest in understanding China today and its development trajectory.’
Peter Nolan – Director, China Centre, Jesus College, University of Cambridge
‘This study carefully explores the efforts of a centralized state to develop markets that, in modern times, adapted to a variety of free market mechanisms. The analysis of China’s ventures into all levels of a global economy leads the authors to new theoretical insights into the market’s impact on state development. It also shows how and why Chinese experiments have made an impact on our understanding of political economy. All students of contemporary China will find the study original and enlightening.’
Wang Gungwu – National University of Singapore
‘Market in State is a magisterial work of huge ambition on which it delivers richly … Anyone seriously concerned with Chinese political economy should read this book carefully and grapple with it seriously.’
Marc Blecher Source: China Information
“Zheng and Huang’s market-in-state political economy and the book’s “historicity of market-state relations in China constitutes an important and excellent contribution to prevailing debates on the Chinese political economy.
Roselyn Hsueh, Pacific Affairs