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Can China Create Another Economic Miracle?

In: Understanding China's Economy

Author

Listed:
  • Fang Cai

    (Chinese Academy of Social Sciences)

Abstract

China has moved from a low income stage to a middle income stage in a relatively short period of time. The task of vaulting from a middle income stage to a high income stage is even more onerous than escaping the poverty trap. This chapter will talk about china need to realize the second economic miracle by stimulating microeconomic vitality, avoiding environment deterioration, improving labour productivity, accelerating industrial restructuring etc.

Suggested Citation

  • Fang Cai, 2021. "Can China Create Another Economic Miracle?," Springer Books, in: Understanding China's Economy, chapter 0, pages 209-231, Springer.
    • Handle: RePEc:spr:sprchp:978-981-33-6322-9_13
    DOI: 10.1007/978-981-33-6322-9_13
    as

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