This volume is a report by leading international economic experts on China's economic priorities in the coming years. From various aspects of the domestic and f

This open access book explores one of the most fiercely debated issues in China: if and how China will surpass the middle income trap that has plagued many deve

Since many policymakers aspire to pull their countries out of the middle-income trap and into the ranks of high-income countries, they must understand the facto

The growth model of the People�s Republic of China (PRC) has been based on high investment and exports, a low-cost advantage, and government interventions. Th

The Chinese economy has entered a new phase of development in which sources of growth are not so much dependent upon pure increases in labour, investment and cr