China and the Global Economy

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Tác giả: Justin Yifu Lin

Ngôn ngữ: eng

Ký hiệu phân loại: 560.95 Paleontology Paleozoology

Thông tin xuất bản: Taylor and Francis, 2013

Mô tả vật lý:

Bộ sưu tập: Tài liệu truy cập mở

ID: 292645

As a result of the extraordinary performance in the past 20 years, China's status in the global economy has dramatically changed. In this article, I reflect on China's unprecedented growth, examine the reasons for that growth, and discuss promising prospects for the Chinese economy to maintain an 8% annual growth rate in the coming two decades. Although to maintain that growth rate, China will definitely encounter many challenges - both internally and externally. The twenty-first century has witnessed the emergence of a multi-polar growth world, with many of the new growth poles being emerging market economies. China has become the top contributor to global GDP growth in the decade of 2000-2009. If China copes appropriately with its challenges and deepens its structural reforms, it has the potential to continue its role as a leading power in supporting a multi-polar global economic architecture that benefits both developing and high-income countries in various ways.
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