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.