Prospects for China Economy Growth in the First Two Decadse of the 21 Century An analysis based on the models of a supply-oriented economy and a demand-oriented economy

Economy growth not only gained from the propelling of supplying factors, but also from the pulling of demand factors. By establishing the models of a supply oriented economy and a demand oriented economy,this paper provides projections of the trend of China's economy growth in the first two decades of the 21 century. This paper also makes the following points: when an economy developed into a centain stage, the supplying factors only provide the potentialities of the ecomomy growth, and when the production capacity is not the major restrict to the economy growth, it is more important for the demand factors. Hence, it should be a long policy for the government to choose to enhance demand management in the 21 century.