China's economic growth: sources and limit
Zheng Hai-tian
Abstract
Zheng Hai-tian
Abstract
After analyzing the theory of economic growth and the practice of China's economic development, we consider that the source of China's economic growth lies mostly in the increasing of the capital and the rising of the productivity, which was attributed to the reformation of the market system and the open policy in the end. More over, the advancing of the productivity that played an important role in economic growth was connected nearly with the reformation. Then, in the view of the current problem of the economic growth in China, we research the problem that on what condition the action of both the element that contributed to China's economic growth in the past can be brought into play favorably.
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After analyzing the theory of economic growth and the practice of China's economic development, we consider that the source of China's economic growth lies mostly in the increasing of the capital and the rising of the productivity, which was attributed to the reformation of the market system and the open policy in the end. More over, the advancing of the productivity that played an important role in economic growth was connected nearly with the reformation. Then, in the view of the current problem of the economic growth in China, we research the problem that on what condition the action of both the element that contributed to China's economic growth in the past can be brought into play favorably.
Key concepts: China, Economics, Productivity, Capital (architecture), Economic system, Economic expansion, Element (criminal law), Development economics