Introduction: A Framework for Analysis

Lu Aiguo
Additional contact information
Lu Aiguo: Chinese Academy of Social Sciences

A chapter in China and the Global Economy Since 1840, 2000, pp 1-12 from Palgrave Macmillan

Abstract: Abstract China’s burgeoning presence in the global economy over the last two decades has been drawing attention from the world economic and political community. Indeed, according to almost every major indicator, China’s economy has expanded considerably since the initial reforms in 1978. The country’s real GNP growth rate is nearly 10 per cent annually. The overall standard of living has been on the rise, as demonstrated in the improvements in diets, clothing, housing, transportation and telecommunications, as well as in the greater access to modern consumer goods among both urban and rural residents. However, what impresses the world more is the rapid advance in China’s foreign trade. Since 1978, the level of foreign trade has climbed more quickly than has GNP. This has led to a jump by a factor of three in China’s share in international merchandise trade. China appears to have become an important player in the world market.

Keywords: Foreign Direct Investment; World Economy; Global Economy; Foreign Trade; World System (search for similar items in EconPapers)
Date: 2000
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-62440-9_1

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349624409

DOI: 10.1007/978-1-349-62440-9_1

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().