This fourth English volume of "The China Economy Yearbook" provides an in-depth analysis of Chinas economy coping with a World-wide recession and preparing for the future. Written by leading economic researchers from Chinas leading economic research institutions, the articles in the yearbook examine key aspects of Chinas economic performance, including macroeconomic adjustment, inflation control, the financial system, public finance, foreign trade, agriculture, industry, and real estate. They provide a detailed description of Chinas economy during the year and valuable insights into the reasons for Chinas successes and failures in addressing emerging challenges facing the Chinese economy.