Where Is the Chinese Economy Going? A Forum on Contemporary Policy and Performance

Ross Garnaut, Lauren Johnston, Ligang Song

    Research output: Contribution to journalArticle

    Abstract

    China adopted a new model of growth from 2011, requiring substantial structural change. This introductory article presents statistical evidence on progress so far. Change generally is in the required direction, but slow. There has been early but slow progress on re-orienting domestic demand towards consumption; substantial re-orientation from reliance on exports towards domestic demand; and rapid change at the margin in the energy mix towards low-emissions sources. Investment in human capital is proceeding rapidly along lines required by the new model. So far, productivity growth has been slow, raising questions about future progress.
    Original languageEnglish
    Pages (from-to)441-449pp
    JournalThe Australian Economic Review
    Volume50
    Issue number4
    DOIs
    Publication statusPublished - 2018

    Fingerprint Dive into the research topics of 'Where Is the Chinese Economy Going? A Forum on Contemporary Policy and Performance'. Together they form a unique fingerprint.

    Cite this