The new quality productive force is undoubtedly one of the biggest focuses during this year's Two Sessions,and was not only included in the government work report for the first time,but was also listed as one of t...The new quality productive force is undoubtedly one of the biggest focuses during this year's Two Sessions,and was not only included in the government work report for the first time,but was also listed as one of the top ten tasks in terms of government work in 2024.展开更多
Insufficient domestic demand remains a challenge Better-than-expected,recovery,hard-won results... these are the key words that constitute China’s economic performance in the first quarter (QI) of 2023,laying a found...Insufficient domestic demand remains a challenge Better-than-expected,recovery,hard-won results... these are the key words that constitute China’s economic performance in the first quarter (QI) of 2023,laying a foundation for achieving the country’s growth target for this year-set at around 5 percent.展开更多
Can the rapid growth of China’s economy be sustained? How is it to be sustained? This has become a hot topic in recent years arousing worldwide attention. To understand the reason for this much talked about topic, we...Can the rapid growth of China’s economy be sustained? How is it to be sustained? This has become a hot topic in recent years arousing worldwide attention. To understand the reason for this much talked about topic, we have to look at the past 30 years of China’s development, and how it has become an important force in the world economy. Whether展开更多
Over the past four decades of reform and opening up since 1978, China's GDP has been growing at 9.5% on an annual average basis. While some scholars believe that China's economic growth is systematically overe...Over the past four decades of reform and opening up since 1978, China's GDP has been growing at 9.5% on an annual average basis. While some scholars believe that China's economic growth is systematically overestimated, this paper carries out an estimation of China's underground economy and finds that due to the existence of the underground economy, China's real GDP is systematically underestimated. China's official GDP statistics generally reflect a real picture of its economic growth. The size of China's underground economy is significantly influenced by total electricity consumption, the selfemployed ratio, labor participation rate and money supply. These findings are of great significance for policy-making.展开更多
The year 1993 was the fifteenth of China’s reform and opening to the outside. Its economy sustained double digit growth for two years running. Last year, domestic GNP was RMB3,138 billion, a 13.4 percent increase com...The year 1993 was the fifteenth of China’s reform and opening to the outside. Its economy sustained double digit growth for two years running. Last year, domestic GNP was RMB3,138 billion, a 13.4 percent increase compared with the previous year’s 13.2 percent.展开更多
China’s great transformation,launched three decades ago,has changed the fate of hundreds of millions of people,including Liu Wei,an "educated youth" at the time. After having witnessed the seeming insignifi...China’s great transformation,launched three decades ago,has changed the fate of hundreds of millions of people,including Liu Wei,an "educated youth" at the time. After having witnessed the seeming insignificance and helplessness of individuals in the face of grand social movements over the past 30 years,Liu,now an economist,shifted his attention to how the fate of ordinary people changes amid the rising and ebbing tides of the economy. While people fret over the future national well-being during complicated policy changes,Liu pointed out that employment holds key to China’s economy because employment has a direct bearing on people’s livelihood.展开更多
CHINA’S ECONOMIC GROWTH IS EXPECTED AT 9.1 PERCENT IN 2011, 8.4 PERCENT IN 2012 AND ROUGHLY SIMILAR RATES THEREAFTER.The Chinese economy registered a moderate slowdown over the course of 2011, the World Bank said in ...CHINA’S ECONOMIC GROWTH IS EXPECTED AT 9.1 PERCENT IN 2011, 8.4 PERCENT IN 2012 AND ROUGHLY SIMILAR RATES THEREAFTER.The Chinese economy registered a moderate slowdown over the course of 2011, the World Bank said in its East Asia and Pacific Economic Update.展开更多
It was approved by the State Council in1984 to establish economic andtechnological development zones in 14coastal port cities to function as windows forthose cities to attract foreign investment,introduce advanced tec...It was approved by the State Council in1984 to establish economic andtechnological development zones in 14coastal port cities to function as windows forthose cities to attract foreign investment,introduce advanced technology andmanagement methods and expand the export-oriented economy. Since 1992, 18 otherdevelopment zones have been approved bythe Council, increasing the number of suchzones to 32.展开更多
China’s economy is now at a key period for softlanding in light of growing investment, the driving force of its fast eco-nomic expansion, according to a report by a task force for theState Development and Reform Comm...China’s economy is now at a key period for softlanding in light of growing investment, the driving force of its fast eco-nomic expansion, according to a report by a task force for theState Development and Reform Commission(SDRC).展开更多
文摘The new quality productive force is undoubtedly one of the biggest focuses during this year's Two Sessions,and was not only included in the government work report for the first time,but was also listed as one of the top ten tasks in terms of government work in 2024.
文摘Insufficient domestic demand remains a challenge Better-than-expected,recovery,hard-won results... these are the key words that constitute China’s economic performance in the first quarter (QI) of 2023,laying a foundation for achieving the country’s growth target for this year-set at around 5 percent.
文摘Can the rapid growth of China’s economy be sustained? How is it to be sustained? This has become a hot topic in recent years arousing worldwide attention. To understand the reason for this much talked about topic, we have to look at the past 30 years of China’s development, and how it has become an important force in the world economy. Whether
文摘Over the past four decades of reform and opening up since 1978, China's GDP has been growing at 9.5% on an annual average basis. While some scholars believe that China's economic growth is systematically overestimated, this paper carries out an estimation of China's underground economy and finds that due to the existence of the underground economy, China's real GDP is systematically underestimated. China's official GDP statistics generally reflect a real picture of its economic growth. The size of China's underground economy is significantly influenced by total electricity consumption, the selfemployed ratio, labor participation rate and money supply. These findings are of great significance for policy-making.
文摘The year 1993 was the fifteenth of China’s reform and opening to the outside. Its economy sustained double digit growth for two years running. Last year, domestic GNP was RMB3,138 billion, a 13.4 percent increase compared with the previous year’s 13.2 percent.
文摘China’s great transformation,launched three decades ago,has changed the fate of hundreds of millions of people,including Liu Wei,an "educated youth" at the time. After having witnessed the seeming insignificance and helplessness of individuals in the face of grand social movements over the past 30 years,Liu,now an economist,shifted his attention to how the fate of ordinary people changes amid the rising and ebbing tides of the economy. While people fret over the future national well-being during complicated policy changes,Liu pointed out that employment holds key to China’s economy because employment has a direct bearing on people’s livelihood.
文摘CHINA’S ECONOMIC GROWTH IS EXPECTED AT 9.1 PERCENT IN 2011, 8.4 PERCENT IN 2012 AND ROUGHLY SIMILAR RATES THEREAFTER.The Chinese economy registered a moderate slowdown over the course of 2011, the World Bank said in its East Asia and Pacific Economic Update.
文摘It was approved by the State Council in1984 to establish economic andtechnological development zones in 14coastal port cities to function as windows forthose cities to attract foreign investment,introduce advanced technology andmanagement methods and expand the export-oriented economy. Since 1992, 18 otherdevelopment zones have been approved bythe Council, increasing the number of suchzones to 32.
文摘China’s economy is now at a key period for softlanding in light of growing investment, the driving force of its fast eco-nomic expansion, according to a report by a task force for theState Development and Reform Commission(SDRC).
