摘要
Justin Yifu LinChina's economic growth rate has been declining since 2010, falling to a six-year low of 7.3 percent in the third quarter of 2014. This has been the longest growth slowdown since the country adopted the reform and opening-up policy in 1978. In a recent article in the Reference News daily,Justin Yifu Lin,an economics professor at Peking University and former World Bank chief economist and senior vice president, attributed the slowdown mainly to external factors. Lin said China can still achieve a relatively fast growth of 7 percent or more by fully tapping its advantages as a latecomer. Edited excerpts of the article follow:
Justin Yifu LinChina's economic growth rate has been declining since 2010, falling to a six-year low of 7.3 percent in the third quarter of 2014. This has been the longest growth slowdown since the country adopted the reform and opening-up policy in 1978. In a recent article in the Reference News daily,Justin Yifu Lin,an economics professor at Peking University and former World Bank chief economist and senior vice president, attributed the slowdown mainly to external factors. Lin said China can still achieve a relatively fast growth of 7 percent or more by fully tapping its advantages as a latecomer. Edited excerpts of the article follow: