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Analysis of China’s Investment-Driven Economic Growth Model and Its Transformation

In: Proceedings of the 2025 4th International Conference on Public Service, Economic Management and Sustainable Development (PESD 2025)

Author

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  • Yiwen Kang

    (Jinan Jinqiu International School)

Abstract

Since the reform and opening up, China has long relied on high investment (such as infrastructure, real estate and manufacturing) to drive economic growth, forming a typical “investment-driven” development model. As a core component of the factors of production, labor has played an important role in investment-driven growth. This paper starts from the perspective of labor factors, reviews and analyzes the past literature through a timeline, and combines the two major models of Lewis and Lucas to analyze the characteristics of China’s economic growth. Taking Shenzhen as an example, it analyzes the mechanism of action, evolution characteristics and challenges faced by China’s economic growth model. On this basis, policy suggestions are put forward.

Suggested Citation

  • Yiwen Kang, 2025. "Analysis of China’s Investment-Driven Economic Growth Model and Its Transformation," Advances in Economics, Business and Management Research, in: Qihui Chen & Nazrul Islam & Zulkiflee bin Mohamed & Yahua Xu (ed.), Proceedings of the 2025 4th International Conference on Public Service, Economic Management and Sustainable Development (PESD 2025), pages 180-189, Springer.
    • Handle: RePEc:spr:advbcp:978-94-6463-916-2_22
    DOI: 10.2991/978-94-6463-916-2_22
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