Rebalancing the Economy: The 12th Five-Year Plan

Henk R. Randau and Olga Medinskaya

Chapter 5 in China Business 2.0, 2015, pp 31-36 from Springer

Abstract: Abstract China’s overarching objective is a rebalancing of the economy—away from a unsustainable growth model that depends disproportionately on exports and capital investment towards greater domestic consumption. The shift is intended to solve social challenges including the rising income disparity, a weak social safety (welfare) net, and pollution, which pose a potential risks to the current order (Fig. 5.1).

Keywords: Minimum Wage; Rural Resident; Current Order; Strategic Industry; Fixed Asset Investment (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:mgmchp:978-3-319-07677-5_5

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DOI: 10.1007/978-3-319-07677-5_5

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