Enabling China's Transition towards a Knowledge-based Economy:
Since the beginning of China’s economic transformation in the early 1970s, investment has been a key driver of China’s growth and has contributed to substantial improvements in living standards. Over three decades of average annual GDP growth of 10%, disposable incomes have soared, lifting hundreds...
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Format: | Elektronisch E-Book |
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Sprache: | English |
Veröffentlicht: |
Paris
OECD Publishing
2016
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Schriftenreihe: | Better Policies
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Schlagworte: | |
Online-Zugang: | kostenfrei |
Zusammenfassung: | Since the beginning of China’s economic transformation in the early 1970s, investment has been a key driver of China’s growth and has contributed to substantial improvements in living standards. Over three decades of average annual GDP growth of 10%, disposable incomes have soared, lifting hundreds of millions of people out of extreme poverty. The share of the population living in extreme poverty has declined from above 90% in the early 1980s to less than 10% today. However, this growth model is no longer sustainable. Returns on investment have declined, although they are still higher than those of the Asian Tigers. Excess capacity is plaguing several sectors, and negative externalities have been onerous, notably in terms of environmental degradation and income inequality. A key objective of the 13th Five-Year Plan (2016-2020) is therefore to move the economy towards a path of more balanced, sustainable and inclusive growth |
Beschreibung: | 1 Online-Ressource (20 Seiten) 21 x 29.7cm |
ISBN: | 9789264266841 |
DOI: | 10.1787/9789264266841-en |
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isbn | 9789264266841 |
language | English |
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series2 | Better Policies |
spelling | Enabling China's Transition towards a Knowledge-based Economy Organisation for Economic Co-operation and Development Paris OECD Publishing 2016 1 Online-Ressource (20 Seiten) 21 x 29.7cm txt rdacontent c rdamedia cr rdacarrier Better Policies Since the beginning of China’s economic transformation in the early 1970s, investment has been a key driver of China’s growth and has contributed to substantial improvements in living standards. Over three decades of average annual GDP growth of 10%, disposable incomes have soared, lifting hundreds of millions of people out of extreme poverty. The share of the population living in extreme poverty has declined from above 90% in the early 1980s to less than 10% today. However, this growth model is no longer sustainable. Returns on investment have declined, although they are still higher than those of the Asian Tigers. Excess capacity is plaguing several sectors, and negative externalities have been onerous, notably in terms of environmental degradation and income inequality. A key objective of the 13th Five-Year Plan (2016-2020) is therefore to move the economy towards a path of more balanced, sustainable and inclusive growth Economics Industry and Services China, People’s Republic https://doi.org/10.1787/9789264266841-en Verlag kostenfrei Volltext |
spellingShingle | Enabling China's Transition towards a Knowledge-based Economy Economics Industry and Services China, People’s Republic |
title | Enabling China's Transition towards a Knowledge-based Economy |
title_auth | Enabling China's Transition towards a Knowledge-based Economy |
title_exact_search | Enabling China's Transition towards a Knowledge-based Economy |
title_exact_search_txtP | Enabling China's Transition towards a Knowledge-based Economy |
title_full | Enabling China's Transition towards a Knowledge-based Economy Organisation for Economic Co-operation and Development |
title_fullStr | Enabling China's Transition towards a Knowledge-based Economy Organisation for Economic Co-operation and Development |
title_full_unstemmed | Enabling China's Transition towards a Knowledge-based Economy Organisation for Economic Co-operation and Development |
title_short | Enabling China's Transition towards a Knowledge-based Economy |
title_sort | enabling china s transition towards a knowledge based economy |
topic | Economics Industry and Services China, People’s Republic |
topic_facet | Economics Industry and Services China, People’s Republic |
url | https://doi.org/10.1787/9789264266841-en |