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Prospects for China’s economic development in the next decade

Author

Listed:
  • Shantong Li

    (Development Research Center of the State Council)

  • Sanmang Wu

    (China University of Geosciences)

  • Jianwu He

    (Development Research Center of the State Council)

Abstract

This article discusses prospects for China’s economic development over the next decade based on the computable general equilibrium (CGE) model of the Chinese economy. The article argues that the long-term trend of China’s economy will remain positive and the major driving forces of the fast-growing Chinese economy still exist. However, particular focus must be placed on the changes in the domestic and international environment in the next decade. Further reforms should be promoted in the field of economic elements, public expenditure, energy, and the environment in order to improve the sustainability and balance of economic development.

Suggested Citation

  • Shantong Li & Sanmang Wu & Jianwu He, 2013. "Prospects for China’s economic development in the next decade," China Finance and Economic Review, Springer, vol. 1(1), pages 1-12, December.
    • Handle: RePEc:spr:chfecr:v:1:y:2013:i:1:d:10.1186_2196-5633-1-5
    DOI: 10.1186/2196-5633-1-5
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