“…China's political and economic coevolution will, if it can reduce the human costs compared to previous institutional changes, represent a new era in which the balance between these two institutions creates a new and innovative model for other developing nations. Table 1 summarizes China's institutional reforms since 1978, when the Chinese National People's Congress began an ambitious series of institutional reforms (Á rva and Schlett, 2013;Zhang et al, 2008;Lin, 2002;Whyte, 2009;Zhang, 2006Zhang, , 2012aZhao, 2006). In 1978, the central government declared that socioeconomic development was the key to China's future.…”