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China’s Economic Development

Author

Listed:
  • Lu Ming
  • Zhao Chen
  • Yongqin Wang
  • Yan Zhang
  • Yuan Zhang
  • Changyuan Luo
Abstract
The authors identify three major factors in the growth of the Chinese economy: economic decentralization and political centralization; the urban–rural divide; and relational society. These are explored in depth via analyses of factors including urban and rural economic development and their political and social foundations, industrial agglomeration, transitions of public services and governmental responsibilities towards them and developmental imbalances and mechanisms. It is illustrated that whilst contemporary China has obviously made great economic strides, a wide variety of problems are accumulating over time. The book concludes that following three decades of high economic growth, China now faces great challenges for sustainable growth, and the institutions of China’s economy have reached a critical point. Strategies for dealing with these challenges and requirements for the successful future development of China are thus prescribed.

Individual chapters are listed in the "Chapters" tab

Suggested Citation

  • Lu Ming & Zhao Chen & Yongqin Wang & Yan Zhang & Yuan Zhang & Changyuan Luo, 2013. "China’s Economic Development," Books, Edward Elgar Publishing, number 14502.
    • Handle: RePEc:elg:eebook:14502
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    References listed on IDEAS

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    Keywords

    Asian Studies; Development Studies; Economics and Finance;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development

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