The Rebalancing of Chinese Society

Paolo Urio ()
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Paolo Urio: University of Geneva

Chapter Chapter 4 in China: From Poverty to World Power, 2024, pp 117-149 from Springer

Abstract: Abstract At the end of the third chapter I concluded that the reform process initiated by Deng Xiaoping had certainly allowed China to realize astonishing results both in terms of overall wealth creation (GDP) and in terms of per capita income and consumption for the great majority of the Chinese people. Unfortunately, at the same time, several negative consequences had also emerged from this long process. First, the development strategy had resulted in all kinds of disparities and inequalities between provinces, between urban and rural areas, and between individuals, that needed to be corrected in order to safeguard unity, stability and harmony. Second, the negative impact of Deng’s policy of ‘economic development first’ had deteriorated the environment with negative impacts not only on the ecological equilibria but also on people’s health, via the development of all kinds of pollutions, thus jeopardizing another of China’s traditional values: the harmony between humankind and nature. This chapter examines how China changed its development strategy in order to overcome these challenges.

Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-981-97-6922-3_4

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DOI: 10.1007/978-981-97-6922-3_4

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