The series covers crucial economics topics that directly affect China’s reform, presenting a development path with Chinese characteristics. Professor Li Yining proposed the framework of the book, wrote the first article and established the title of the other articles, which were written by researchers at the Guanghua School of Management, Peking University.

Institutional innovation of urbanization was raised in the No. 1 Document of the China central government in 2012, with urbanization recognized as the main force stimulating domestic demand in China’s 12th Five-Year Plan. After more than 10 years of high-speed urbanization, the shift from simple urbanization to “new urbanization” is an inevitable trend.