Symbiotic Development

China’s 30 or more consecutive years of express economic development have made it the world’s second largest economy.Growing pressure to sustain economic growth has led to the country’s new policy of innovation and opening-up.It will generate suffi cient economic momentum to take China to the medium and high end of the industry chain,and at the same time create new opportunities for the world economy.     

China Rightto Set Lower Growth Target

THE reduction of China’s 2012 growth target to 7.5 percent from the eight percent of recent years headlined the international media coverage of PremierWen Jiabao’s report to the National People’s Congress. The announcement was greeted with fallson international stock markets - simultaneously reflecting China’s economic weight and a misanalysis by international markets. But the lowered target,which is justified by the global economic situation,is only the tip of the iceberg of complex short- and long-term challenges China is facing in its economic policy.     

Push and Pull： Opposing Forces on China＇s Growl

IN the second half of 2011,the European debt crisis spread further,sending shockwaves throughout the world and dragging down the global economic recovery. The world is turning its gaze from the U.S. with its sluggish economic recovery and Japan with its lasting depression to emerging economies like China and Brazil. The momentum of China’s economic growth will not only become the main concern of China’s major trade partners,but will also be a focus of world major transnational corporations’ attention.     

China a Key Engine of Global Economic Growth

IT’S four years since the onset of the global financial crisis,and the extent to which the world economy stays afloat on China’s economic buoyancy has grown only more pronounced. The cyclical nature of China’s economic growth     

What Are the Real Problems of China＇s Economic Growth？

正CHINA is the world’s second-largest economy,and how its economic growth progresses will inevitably influence that globally.The outside world has followed closely the sustainability of China’s economic growth.Such interest was the basis for the BBC documentary How China Fooled the World.The documentary is centered around China’s economic growth having been driven by vast amounts of credit from the banking sector over the past few     

China Seeks Economic Transformation

The financial crisis that started in the United States is spreading worldwide, and its impact on China’s economy is increasing daily. Difficulties and problems that accumulated in China’s long period of fast economic growth have gradually become apparent. Both the Chinese government and enterprises are considering how to transform and upgrade China’s economy through changing development mode and adjusting the industrial structure, while coping with the financial crisis. Therefore, guaranteeing economic grow...     

A NEW DIRECTION FOR WEST CHINA

China’s vast western region covers nearly two thirds of the country and boasts the country’s longest border. As the most secluded area, the western region lagged behind China’s prosperous eastern coastal area in social and economic development.     

Smoothing The Flow of Money

正China changes its investment and financing systems to solve longstanding problems for investors and companies China’s investment and financing systems will be overhauled in the hope of ensuring stable economic growth,adjusting the economic structure and improving people’s livelihoods.A new guideline outlining the reform measures was issued by the Central Committee of the Communist     

Reforms Prop up Growth

<正>China’s economy grew 6.9 percent in the first half of 2017.This figure somewhat reduces the worry that China’s economic slowdown will cast a shadow over the world economy.In the past two years,the rhetoric about the collapse of China’s economy has continued to resurge from time to time.However,the economic growth of the past one and a half years shows a steady and upbeat momentum.     

China Opens Innumerable Doors

Accurately analyzing and predicting China’s economic development has earned me a living and opened innumerable doors,for more than 20 years.It also brought the satisfaction of seeing individual interest and skills linked to the world’s biggest story-the growth of China’s economy and its"national revival."My relationship with China started unusually as I analyzed its economy for more than 20 years before I could make a visit The interest started in the 1980s when,for theoretical economic reasons,I concluded its economic     

Why China Will Grow Rich Before It Grows Old

正THE announcement of the relaxation of China’s one child policy created great discussion in China and internationally.But its significance was widely misunderstood.Contrary to myth,the increase in China’s labor supply plays little role in China’s rapid economic growth.In reality,96 percent of China’s economic growth comes from factors other than a rising labor supply.Therefore,there is no reason why China’s economy should slow significantly because China’s working age population stopped growing in 2012.The mistaken view,sometimes expressed,that China will grow old before it becomes rich is therefore the reverse of the reality:China will grow rich before it grows old.To demonstrate clearly why,first the facts will be stated and then their implications analysed.     

Africa Can Replicate China’s Industrialization Success

正China has achieved rapid economic growth because of its economic structure readjustment and successful transformation from a planned economy to a market economy.Though in the 1990s many other developing countries also undertook economic restructuring like China,many failed.So what are the real reasons for China’s economic     

Kenneth Pomeranz: A Non-Western Perspective on China

FOR decades,American academic Kenneth Pomeranz has been studying the history of China’s economy and environment.In a recent interview with China Today the prominent sinologist shared with us his thoughts on China’s economic development and role in globalization.     

Re-examining China＇s Economic Growth Momentum

正ACCORDING to the National Bureau of Statistics,China’s economic growth rates in the fi rst and second quarters of 2014 were 7.4 percent and7.5 percent respectively,lower than those of last year’s third and fourth quarters,which were 7.8 percent and 7.7 percent.Observers have started to question this economic trend:Is China headed for a recession?Judging by the growth rate,China’s economy does seem to be slowing down.But in fact,there is signifi cant sustaining potential and momentum behind the country’s economic growth,and factors like structural adjustment     

A Retrospective Look at 2012 China-EU Relations

IT’S a fact that underscores the rebalancing of the world economic order:The European Union is China’s Ilargest trading partner,and China is the European Union’s second-largest,after the United States.In 2012,China maintained relatively rapid economic growth,while the EU struggled over member states’debt crises.Though last year was not remarkable in terms of China-EU trade volume,it did see the     

China Accelerates Transformation of Its Economic Development Model

正SINGAPORE,China’s Hong Kong,China’s Taiwan and South Korea all achieved miraculous economic development as early as the 1970s.These so-called"Four Little Dragons"rapidly became high-income economies with signifi cantly improved living standards.Since the 1990s,however,Asian developing countries such as China have experienced faster,more conspicuous economic growth than any other region in the world.     

Migratory Manufacturers： Foreign Enterprises Relocate to Southeast Asia

DURING its momentous economic expansion, China quickly became one of the largest manufacturing countries in the world and was often referred to as the world’s factory. It attracted a huge amount of foreign investment and the "Made in China" tag became ubiquitous. In recent years China’s position in the world economy has changed further, and the country     

China and Europe:A Mutual Study

IT’S been 20 years since China set about constructing a socialist market economic system.During these two decades,China stood strong through the Asian financial crisis.It has also weathered the global financial crisis,which shows China has developed strong capabilities in macroeconomic regulation and control.Since the turn of the century,many economists overseas have defined China’s developmentpath as the "China Model." In reality,there is nosuch fixed model for China’s economic or socialdevelopment.     

New Year's Economic Resolution

Maintaining stable and relatively fast economic development becomes China’s top economic priority for 2009 Facing stiff headwinds in the year ahead,China’s Central Economic Work Conference,held annually in winter,vowed to boost the country’s     

Seventy Glorious Years

October 1 marks the 70th anniversary of the founding of the People’s Republic of China (PRC), and in honor of this historic event, Beijing Review's cover stories in this issue review China’s social and economic progress over the past seven decades.