These notes draw on the recent research of economist Linda Yueh on the main growth drivers for the Chinese economy over recent years
China is going through a period of rapid structural reform and has continued to achieve fast growth helping to lift hundreds of millions of people out of extreme poverty. But this growth has also brought numerous challenges and problems for Chinese policy-makers.
Basics on Chinese Growth
Innovation and human capital are important in sustaining productivity growth – this is crucial for China in the next decade. China has gone from 10 million state owned businesses twenty years ago to 200,000 now
Sources of Innovation Gains
Five Key Rebalancing Challenges for China
Reform takes many years to deliver – Yueh argues that it might be shaped as follows:
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