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Analysis on China's Economic Transformation and Its Relevance to Global Economy

Analysis on China's Economic Transformation and Its Relevance to Global Economy
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摘要 China's current economic transformation has its historical reasons and its urgent need of change. With over 30 years of reform and opening-up, China's economy experienced high-speed growth for a sustained period, but China is still confronted with many obstacles which call for immediate attention, such as shortage of resources, deterioration of the environment, structural imbalance, and intensified social conflict. If these problems persist, an ominous future would not be avoided unless an economic transformation was in effect. As China's economic power and international influence increase, its economic transformation will significantly impact not only its domestic economy, but also the world economy. This article analyzes the transformation of China's economy from an international perspective, particularly focuses on the relationship between China's transformation and the economies of most developed countries (e.g., United States and EU) by comparing data and analyzing impacts caused by each other. At the end, the article will provide some suggestions for further research.
出处 《Chinese Business Review》 2013年第4期258-265,共8页 中国经济评论(英文版)
关键词 mid-income trap sustainable growth global economy the relevance study new internationalcooperation sustainable growth 中国经济 经济转型 全球经济 相关性分析 国际影响力 改革开放 资源短缺 环境恶化
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