It is almost certain that China achieves its7.5%economic growth target set at the beginning of 2012,which means that China’s total annual GDP for the first time recorded more than 50 trillion yuan,equivalent to US$8 ...It is almost certain that China achieves its7.5%economic growth target set at the beginning of 2012,which means that China’s total annual GDP for the first time recorded more than 50 trillion yuan,equivalent to US$8 trillion with per capita GDP exceeding US$6,000.This is compatible with the ambitious goal of achieving a moderately prosperous society in all respects by 2020.展开更多
This paper discusses the fundamentals required for successful reform, i.e., the necessary institutional changes required to make a nation grow sustainably wealthier. It argues that enriching the people is a prerequisi...This paper discusses the fundamentals required for successful reform, i.e., the necessary institutional changes required to make a nation grow sustainably wealthier. It argues that enriching the people is a prerequisite for a prosperous nation and further reveals the inherent logic behind the statement ＂in order to enrich the people, they must be given private rights, and in order to protect the people＇s private rights, public power must be limited.＂ Based on this argument, we examine and analyze the experience of China＇s reform over the past 30 years and come to the conclusion that it is necessary to transform government functions and further deepen market-oriented reform. We hold that China＇s economic performance bears no special or exceptional economic law, and there does not exist the so-called ＂China Model＂ characterized by government taking the leading role as a relatively mature, stable, and widely applicable development model, but that there does exist a Chinese development path or experience featuring the inherent logic of ＂prospering the nation through enriching its people＂ that can be employed by countries all over the world.展开更多
文摘It is almost certain that China achieves its7.5%economic growth target set at the beginning of 2012,which means that China’s total annual GDP for the first time recorded more than 50 trillion yuan,equivalent to US$8 trillion with per capita GDP exceeding US$6,000.This is compatible with the ambitious goal of achieving a moderately prosperous society in all respects by 2020.
文摘This paper discusses the fundamentals required for successful reform, i.e., the necessary institutional changes required to make a nation grow sustainably wealthier. It argues that enriching the people is a prerequisite for a prosperous nation and further reveals the inherent logic behind the statement ＂in order to enrich the people, they must be given private rights, and in order to protect the people＇s private rights, public power must be limited.＂ Based on this argument, we examine and analyze the experience of China＇s reform over the past 30 years and come to the conclusion that it is necessary to transform government functions and further deepen market-oriented reform. We hold that China＇s economic performance bears no special or exceptional economic law, and there does not exist the so-called ＂China Model＂ characterized by government taking the leading role as a relatively mature, stable, and widely applicable development model, but that there does exist a Chinese development path or experience featuring the inherent logic of ＂prospering the nation through enriching its people＂ that can be employed by countries all over the world.
