The Possibility and Approaches to an Upper Middle Growth Rate

Jiwei Lou
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Jiwei Lou: Ministry of Finance of the People¡¯s Republic of China, Beijing 100820, China

Frontiers of Economics in China-Selected Publications from Chinese Universities, 2016, vol. 11, issue 2, 196-209

Abstract: This article discusses the challenges facing China¡¯s economy and assesses the likelihood of China falling into the ¡°middle-income trap.¡± In the view of this author, an upper middle growth rate of 6.5% to 7% can be achieved if China undertakes further economic reforms in the areas of agriculture, household registration system, urbanization and social insurance system.

Keywords: economic growth; longterm; China; forecast; middle income; convergence (search for similar items in EconPapers)
JEL-codes: O47 P24 R11 (search for similar items in EconPapers)
Date: 2016
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:fec:journl:v:11:y:2016:i:2:p:196-209

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