This book is the culmination of a lifetime of research into Chinese development, situated in a global historical context. The author explores the irreplaceable role of state capacity, state-owned-enterprises and five-year plan in China’s transformation from an agricultural state to an industrial state and then to the world's economic powerhouse, as well as the remarkable achievements of social policy to reduce the rural-urban gap and regional gap. This book will be of interest to China scholars, development economists, political activists, and general readers who would like to know more about China's growth miracle.