The Development Strategy of Participation in the "Great International Cycle"âDebating Some Issues with Comrade Wang Jian

Xiao Siru

Chinese Economy, 1991, vol. 25, issue 1, 61-68

Abstract: Publication in the >i>Jingji ribao>/i> (Economic daily) of January 5, 1988, of Comrade Wang Jian's article "The Correct Strategy for Long-Term Economic DevelopmentâConcept of the Development Strategy of Joining the âGreat International Cycleâ" has aroused tremendous interest in the nation because of the new departure of ideas it revealed. Wang attempted to uncover the major contradiction in China's current stage of economic development and then establish the appropriate development strategy, steps, and countermeasures to meet them. This line of analysis is logically inspiring. His idea of giving priority to the development of labor-intensive exports to earn foreign currency, with which to promote the upgrading of all industry, is a concrete manifestation of combining modern development theories with Chinese realities. However, certain viewpoints in the article are debatable.

Date: 1991
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