China＇s economic growth has been driven by the dual-engine of domestic demand and external demand. Among which, domestic demand is the main engine originated from China＇s huge domestic market. Due to the advantage o...China＇s economic growth has been driven by the dual-engine of domestic demand and external demand. Among which, domestic demand is the main engine originated from China＇s huge domestic market. Due to the advantage of openness, external demand has a growing contribution to economic growth. For a long term, China will remain in the stage of rapid industrialization, urbanization, marketization and internationalization, therefore China will further expand its domestic consumption and external demand. The undergoing institutional reform will also contribute to the coordinated development of domestic demand and external demand.展开更多
This paper takes stock of the process and achievements of China’s opening-up,which has stimulated the country’s economic growth,reform and structural upgrading and allowed China to benefit from income distribution.T...This paper takes stock of the process and achievements of China’s opening-up,which has stimulated the country’s economic growth,reform and structural upgrading and allowed China to benefit from income distribution.The new mission of opening-up should be to increase total factor productivity and improve opening-up regime.展开更多
Editorial note Consumer demand is the driving force of economy.Since 1978,China has witnessed a massive rise in consumption and expansion of consumption mix.However,insufficient consumption has remained a primary cons...Editorial note Consumer demand is the driving force of economy.Since 1978,China has witnessed a massive rise in consumption and expansion of consumption mix.However,insufficient consumption has remained a primary constraint to economic growth.As such,domestic demand expansion and in particular demand-inducing strategy are high on the agenda of the Eleventh"Five- year Plan"(2006～2010).This article written by Dr.Chen Wenling offers a complete insight into the development,tendencies and deep-seated problems of consumer demand in China.展开更多
文摘China＇s economic growth has been driven by the dual-engine of domestic demand and external demand. Among which, domestic demand is the main engine originated from China＇s huge domestic market. Due to the advantage of openness, external demand has a growing contribution to economic growth. For a long term, China will remain in the stage of rapid industrialization, urbanization, marketization and internationalization, therefore China will further expand its domestic consumption and external demand. The undergoing institutional reform will also contribute to the coordinated development of domestic demand and external demand.
文摘This paper takes stock of the process and achievements of China’s opening-up,which has stimulated the country’s economic growth,reform and structural upgrading and allowed China to benefit from income distribution.The new mission of opening-up should be to increase total factor productivity and improve opening-up regime.
文摘Editorial note Consumer demand is the driving force of economy.Since 1978,China has witnessed a massive rise in consumption and expansion of consumption mix.However,insufficient consumption has remained a primary constraint to economic growth.As such,domestic demand expansion and in particular demand-inducing strategy are high on the agenda of the Eleventh"Five- year Plan"(2006～2010).This article written by Dr.Chen Wenling offers a complete insight into the development,tendencies and deep-seated problems of consumer demand in China.
