Policy Vision and Inspirations

Chi Lo

Chapter 7 in Understanding China’s Growth, 2007, pp 177-203 from Palgrave Macmillan

Abstract: Abstract China’s real GDP growth has averaged more than 9 per cent a year1 since economic reforms unleashed its growth potential. Real per capita GDP has risen more than six-fold, lifting millions of people out of poverty. This spectacular growth performance has been a result of China’s move from a centrally planned agrarian economy to an increasingly market-oriented industrial system.

Keywords: Exchange Rate; Foreign Direct Investment; Monetary Policy; Central Bank; Current Account Deficit (search for similar items in EconPapers)
Date: 2007
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DOI: 10.1057/9780230591202_8

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