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China: Social Security in the Context of Rapid Economic Growth

In: Social Security, the Economy and Development

Author

Listed:
  • Kwong-leung Tang
  • Raymond Ngan Man-hung

Abstract

China has experienced extraordinarily rapid economic growth in the past two decades. For the years 2002–2005, it registered a 9 per cent average annual growth rate. It is now predicted that China’s economy will grow by 8.8 per cent for 2007, down only slightly from this year’s expected 9.5 per cent (Asian Development Bank, 2006). The country’s remarkable performance makes it the fastest growing of the world’s major economies. By some measures, China accounts for an even bigger share of global growth than does the United States.

Suggested Citation

  • Kwong-leung Tang & Raymond Ngan Man-hung, 2008. "China: Social Security in the Context of Rapid Economic Growth," Palgrave Macmillan Books, in: James Midgley & Kwong-leung Tang (ed.), Social Security, the Economy and Development, chapter 5, pages 137-159, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-58219-4_6
    DOI: 10.1057/9780230582194_6
    as

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