This book is the first of a series which makes available to an English-speaking audience the work of the individual Chinese economists who were the architects of reform. The series provides an inside view of China's economic reform, revealing the thinking of the reformers themselves, unlike many other books on China's economic reform which are written by outside observers.

1. Introduction 2. A Letter to Comrades Deng Xiaoping and Li Xiannian 3. A practice-based review of more than two decades of economic work 4. Prefaces and Postscripts to China's Socialist Economy 5. Problems Discovered while investigating Shanghai's Economic Restructuring 6. Explanatory Notes to the Preliminary Opinions on Economic Restructuring 7. Opinions on Resuming and Expanding Shanghai's Role as a National Economic Center 8. Comments on Price Control Regulations 9. Comments on Banking System Reform 10. Advice on Seizing Opportunities to Adjust the Price System 11. A Modern Economy Needs a Modernized Financial System 12. The Key to 'Price Adjustment' with regard to the Means of Production is to Control Capital Construction 13. Strengthen Macro-control via Economic Measures (extract) 14. Excessive Distribution of National Income and Inflation (extract) - Looking Back at our Economic Work over the past Eight Years 15. Conscientiously summing up the experience of ten years of Reform - An Important Lesson 16. A Suggestion on Reforming the Fiscal Contract system 17. Overcome Difficulties through Deepened Reform 18. Combine Marxism with the Chinese Revolution 19. Reform Is to Set Free Productive Forces