The Road to China's Socialist Market Economy is the most representative and pioneer work of Prof. Xu Guihua in the field of China's transition from central planning economy to socialist market economy. Being closely linked to different stages of this transition journey, all articles in the book are historic testimonies of solutions to tackle difficult issues at that time, and solid intellectual footprints of Prof. Xu's breakthrough in this navigation and exploration. For decades, policy makers and economists around the world have been asking the question: What are the unique characteristics of China's socialist market economy? What are the magic solutions that lead to China's remarkable success? This book will give you the key to the answer.