摘要
SINCE China embarked on reform and opening-up in the late 1970s,and especially since its entry into the market economy in the 1990s,the country has considered the magnitude and extent of GDP growth as main parameters of its economic development.In macroeconomic terms,gross GDP and GDP growth are of great national significance,especially to a developing country. A large,briskly expanding GDP means more jobs,higher incomes and better livelihoods for all. Once a state’s economy surpasses subsistence level,however,its people expect to enjoy a better quality of life,more
SINCE China embarked on reform and opening-up in the late 1970s, and especially since its entry into the market economy in the 1990s, the country has consideredthe magnitude and extent of GDP growth as main parameters of its economic development. In macroeeonomic terms, gross GDP and GDP growth are of great national significance, especiallyto a developing country. A large,briskly expanding GDP means more jobs,
