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Policy Vision and Inspirations

In: Understanding China’s Growth

Author

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  • Chi Lo

Abstract

China’s real GDP growth has averaged more than 9 per cent a year1 since economic reforms unleashed its growth potential. Real per capita GDP has risen more than six-fold, lifting millions of people out of poverty. This spectacular growth performance has been a result of China’s move from a centrally planned agrarian economy to an increasingly market-oriented industrial system.

Suggested Citation

  • Chi Lo, 2007. "Policy Vision and Inspirations," Palgrave Macmillan Books, in: Understanding China’s Growth, chapter 7, pages 177-203, Palgrave Macmillan.
    • Handle: RePEc:pal:palchp:978-0-230-59120-2_8
    DOI: 10.1057/9780230591202_8
    as

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