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The Sources of China's Economic Growth
- Article from:
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The China Business Review
- Article date:
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September 1, 2005
- Author:
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Copyright informationCopyright U.S.-China Business Council Sep/Oct 2005. Provided by ProQuest LLC. (Hide copyright information)
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Why has China grown so rapidly? Will it continue to grow?
China's economy took off around 1980 and has maintained rapid growth for more than a generation. What sources have driven China's economic growth-and what do they mean for China's future?
Living up to the nation's potential
"Potential economic growth" is an estimate of the potential productivity of an economy. It represents the normal growth capability of an economy during a given period of time and is associated with certain conditions, such as a country's capital stock, technology level, and economic structure.
China's potential annual economic growth was 9.5 percent from 1978 to 1997, in constant prices, according to my ...