Achievements and Challenges of Infrastructure Development in China Over the Past 70 Years

This chapter divides the 70 years from the founding of the People’s Republic of China in 1949 to 2019 into two phases, one before and the other after the launch of reform and opening-up in 1978, reviews China’s achievements in infrastructure development and its major initiatives and policies concerning infrastructure, and discusses the model, laws, strengths, and weaknesses of China’s infrastructure development through an economic analysis.