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Regard(s) sur l'émergence d'une économie de marché en Chine
[A Fresh Look at the Development of a Market Economy in China]


  • Arvanitis, Rigas
  • Miège, Pierre
  • Zhao, Wei


The Chinese economy does still not qualify as demand-driven economy. Its growth is based on investment. In fact successive waves of investment have emerged during the eighties and produced a piling-up of productive systems. A wave of small national enterprises and entrepreneurs, a second large wave of foreign direct investment from overseas Chinese mainly from Hong-Kong, South-East Asia and Taiwan and a wave of FDI from rich industrialized economies: Japan, South Korea, USA and Europe. The article presents these waves and the consequences of its occurrence. They also deal with the absence of confidence that seems to characterize the economy and dwelve on the difficulties of the growing market economy.

Suggested Citation

  • Arvanitis, Rigas & Miège, Pierre & Zhao, Wei, 2003. "Regard(s) sur l'émergence d'une économie de marché en Chine [A Fresh Look at the Development of a Market Economy in China]," MPRA Paper 8635, University Library of Munich, Germany.
  • Handle: RePEc:pra:mprapa:8635

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    Cited by:

    1. Arvanitis, Rigas & Zhao, Wei & Qiu, Haixiong & Xu, Jian-niu, 2006. "Technological learning in six firms in Southern China: success and limits of an industrialisation model," MPRA Paper 18553, University Library of Munich, Germany, revised 2006.

    More about this item


    China; growth; investment; productive systems; confidence; market economy; transition;

    JEL classification:

    • O53 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - Asia including Middle East
    • F14 - International Economics - - Trade - - - Empirical Studies of Trade
    • O40 - Economic Development, Innovation, Technological Change, and Growth - - Economic Growth and Aggregate Productivity - - - General
    • F43 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Economic Growth of Open Economies
    • O14 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Industrialization; Manufacturing and Service Industries; Choice of Technology


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