This third English volume of The China Economy Yearbook, based on the 2008 annual report in Chinese, provides an in-depth analysis of China’s economy during 2007 and predictions for 2008. Written by leading economic researchers from China’s premier economic research institutions, the articles in the yearbook examine key aspects of China’s economic performance, including the capital goods market, agricultural output, monetary policy, tax revenue, and sustainable growth metrics. They provide a detailed description of China’s economy and valuable insights into the reasons for China’s successes and failures in addressing emerging challenges facing the Chinese economy.