000 03273namaa2200517uu 4500
001 oapen33376
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005 20231219171124.0
006 m o d
007 cr|mn|---annan
008 140803s2014 xx |||||o ||| 0|eng d
020 _a9781925021769
020 _aOAPEN_496494
024 7 _a10.26530/OAPEN_496494
_2doi
040 _aoapen
_coapen
041 0 _aeng
042 _adc
072 7 _aKCL
_2bicssc
100 1 _aSong, Ligang
_4edt
_943874
245 1 0 _aDeepening Reform for China's Long-term Growth and Development
260 _bANU Press
_c2014
300 _a1 online resource
336 _atext
_btxt
_2rdacontent
337 _acomputer
_bc
_2rdamedia
338 _aonline resource
_bcr
_2rdacarrier
506 0 _aFree-to-read
_fUnrestricted online access
_2star
520 _aThe 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 credit expansion, but from productivity improvement, structural changes, technological progress and the benefits from improvement of the social security and welfare improvement. When market functions are fully established to become a main channel for allocating resources, the entrepreneurship will flourish engaging in more innovative activities, workers will move more freely and have more incentives to improve their skills, firms will become more productive through market entry and exit, the economic structure will become more balanced because of the improved resource allocation, and in the end, growth will become more spontaneous and sustainable. In this sense, reforms could deliver 'dividend' by raising China's potential economic growth rates. For China to confront all the challenges it faces at present, the reforms undertaken now have to be deep, comprehensive and far-reaching in order to succeed in paving the way for China to complete the task of transformation in the long-term. There is no better alternative than deepening the market-oriented reform in advancing the course of China's modernisation for future development and prosperity and lifting China to the status of a developed economy in the next two decades. The recent China update books have covered the topic of reform from different angles and this new book is another attempt to address this important issue.
540 _aAll rights reserved
_uhttp://oapen.org/content/about-rights
546 _aEnglish
650 7 _aInternational economics
_2bicssc
653 _achina
653 _aeconomy
653 _aexpansion
653 _aForeign direct investment
653 _aGross domestic product
653 _aState-owned enterprise
653 _atransformation
700 1 _aFang, Cai
_4edt
_9299889
700 1 _aFang, Cai
_4oth
_9299889
700 1 _aGarnaut, Ross
_4edt
_944722
700 1 _aGarnaut, Ross
_4oth
_944722
700 1 _aSong, Ligang
_4oth
_943874
793 0 _aOAPEN Library.
856 4 0 _uhttp://library.oapen.org/handle/20.500.12657/33376
_70
_zFree-to-read: OAPEN Library: description of the publication
856 4 0 _uhttps://library.oapen.org/bitstream/id/73ac08f4-41b8-4ce5-9dcc-d0f63bffcc8b/496494.pdf
_70
_zFree-to-read: OAPEN Library, download the publication
999 _c3059481
_d3059481