The core issue for China transition development in the next 30 years is to shift from the quantity growth model to the quality improvement model. The paper introduces the research progress in three key areas of sustai...The core issue for China transition development in the next 30 years is to shift from the quantity growth model to the quality improvement model. The paper introduces the research progress in three key areas of sustainable development studies since the 1990s. It is pointed out that there is a well-being thresh-old at which the margin utility of economic growth for human well-being will decline, that there is an ecological limit beyond which more economic growth in terms of physical scale will be impossible, and that the creation of human well-being is related not only to the amount but also to the structure and efficiency of public expenditure from government. After an in-depth discussion on facts, origins and policy implications of each issue, some theory and policy thinking with long-lasting significance are raised for the transition development of China.展开更多
In this paper,the authors have made the following findings after the fitting of China's economic growth rate series using an improved STR model:since 1949,great changes have taken place in China's economic gro...In this paper,the authors have made the following findings after the fitting of China's economic growth rate series using an improved STR model:since 1949,great changes have taken place in China's economic growth pattern but factor input remains to be the major source of China's economic growth,as reflected by the extensive pattern of economic growth;with the exception of capital,the marginal output of all other production factors has been on the increase,which suggests that the efficiency of China's factor allocation has been continuously improved;the marginal output of capital has been on the decline,which explains that the dependency on investment for economic growth has led to excessive investment;reform and opening up and reform of marketization have substantially increased the sustainability of China's economic growth.In addition,the authors have investigated the internal momentum of China's growth transformation and developed relevant policy recommendations.展开更多
China is at a crucial stage of overcoming the middle-income trap, with the factors that drive economic growth having undergone significant changes, and domestic consumption playing a more important role in economic gr...China is at a crucial stage of overcoming the middle-income trap, with the factors that drive economic growth having undergone significant changes, and domestic consumption playing a more important role in economic growth. It is necessary, at this point, to promote mass consumption by expanding the middle-income group. The present paper puts forward the concept of the ＂double middle-income traps.＂ This refers to the situation in which an economy＇s per capita output stagnates and the size of the middle- income group is unable to expand for an extended period of time. These two factors are closely related. Based on data from the Chinese Social Survey conducted by the Institute of Sociology at the Chinese Academy of Social Sciences, the present paper analyzes the scale and development of middle-income groups, and the relationship among middle- income groups, the middle-class and middle-class identity. The marginal consumption propensities of middle-income groups are also considered. The findings of the paper indicate that the expansion of the middle-income group plays an important role in promoting mass consumption, maintaining continuous and stable economic growth, and overcoming the double middle-income traps.展开更多
基金Supported by NSFC (Grant No. 71173157)supported by NSSFC (Grant No. 11AZD102)
文摘The core issue for China transition development in the next 30 years is to shift from the quantity growth model to the quality improvement model. The paper introduces the research progress in three key areas of sustainable development studies since the 1990s. It is pointed out that there is a well-being thresh-old at which the margin utility of economic growth for human well-being will decline, that there is an ecological limit beyond which more economic growth in terms of physical scale will be impossible, and that the creation of human well-being is related not only to the amount but also to the structure and efficiency of public expenditure from government. After an in-depth discussion on facts, origins and policy implications of each issue, some theory and policy thinking with long-lasting significance are raised for the transition development of China.
基金supported by the Evaluation of China's Structural Dividend and Research on Relevant Policiesa Special Program of Cultural and Social Sciences Key Research Center of the Department of Education,Liaoning Province(GrantNo.Z J2013046)
文摘In this paper,the authors have made the following findings after the fitting of China's economic growth rate series using an improved STR model:since 1949,great changes have taken place in China's economic growth pattern but factor input remains to be the major source of China's economic growth,as reflected by the extensive pattern of economic growth;with the exception of capital,the marginal output of all other production factors has been on the increase,which suggests that the efficiency of China's factor allocation has been continuously improved;the marginal output of capital has been on the decline,which explains that the dependency on investment for economic growth has led to excessive investment;reform and opening up and reform of marketization have substantially increased the sustainability of China's economic growth.In addition,the authors have investigated the internal momentum of China's growth transformation and developed relevant policy recommendations.
文摘China is at a crucial stage of overcoming the middle-income trap, with the factors that drive economic growth having undergone significant changes, and domestic consumption playing a more important role in economic growth. It is necessary, at this point, to promote mass consumption by expanding the middle-income group. The present paper puts forward the concept of the ＂double middle-income traps.＂ This refers to the situation in which an economy＇s per capita output stagnates and the size of the middle- income group is unable to expand for an extended period of time. These two factors are closely related. Based on data from the Chinese Social Survey conducted by the Institute of Sociology at the Chinese Academy of Social Sciences, the present paper analyzes the scale and development of middle-income groups, and the relationship among middle- income groups, the middle-class and middle-class identity. The marginal consumption propensities of middle-income groups are also considered. The findings of the paper indicate that the expansion of the middle-income group plays an important role in promoting mass consumption, maintaining continuous and stable economic growth, and overcoming the double middle-income traps.
