2005•Journal of Tianjin University Science and TechnologyRequires access

Discussion of Changing the Function of “Two Main Bodies”to Promote Intensive Economic Growth

Zong Yi

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Abstract

At present, China economic growth speed is remarkable. However, because the function of the two main bodies-enterprises and government-with crucial effect on economic growth isn’t put into fullplay, the economic growth pattern of China cannot satisfy the social demand of sustainable development. According to Development Economics, technical progress (or innovation) is a key factor in promoting economic growth, and it is represented by the contribution degree of high-tech revolution to intensive economic growth in one country. Therefore, how to changing the function of the two main bodies into full play is the fundamental way to promote Chinese economic growth pattern from extensive type to intensive type.

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What this paper is about

At present, China economic growth speed is remarkable. However, because the function of the two main bodies-enterprises and government-with crucial effect on economic growth isn’t put into fullplay, the economic growth pattern of China cannot satisfy the social demand of sustainable development. According to Development Economics, technical progress (or innovation) is a key factor in promoting economic growth, and it is represented by the contribution degree of high-tech revolution to intensive economic growth in one country. Therefore, how to changing the function of the two main bodies into full play is the fundamental way to promote Chinese economic growth pattern from extensive type to intensive type.

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Available abstract

At present, China economic growth speed is remarkable. However, because the function of the two main bodies-enterprises and government-with crucial effect on economic growth isn’t put into fullplay, the economic growth pattern of China cannot satisfy the social demand of sustainable development. According to Development Economics, technical progress (or innovation) is a key factor in promoting economic growth, and it is represented by the contribution degree of high-tech revolution to intensive economic growth in one country. Therefore, how to changing the function of the two main bodies into full play is the fundamental way to promote Chinese economic growth pattern from extensive type to intensive type.

Key concepts: China, Economic system, Function (biology), Economics, Innovation economics, Government (linguistics), Sustainable growth rate, Sustainable development

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