Titlebook: Understanding China‘s Economy; The Turning Point an Fang Cai Book 2021 CITIC Press Corporation 2021 China’s Economy.Reform and Opening Up.C

ASSAY

China’s Second Demographic Dividendies, China will face challenges that are greater in number, in scale, and in rarity. Such challenges can be subdivided into several areas for closer inspection, and include the premature disappearance of the demographic dividend, the difficulties in initiating a second demographic dividend, insufficient resources for old age care.

LAST

Employment Issues: From the Aggregate to the Structurals. A preferential employment strategy that is intimately connected with stable growth, restructuring, the advancement of reforms, and that benefit living standards should be implemented. Such a strategy should create an advantageous employment environment, raise worker employability, and also avoid the middle income trap.

瘙痒

From the Demographic Dividend to the Open Dividendgrowth and the sharing of the proceeds of this growth. The size of China’s economy and its potential consumer power endows it with the advantage of holding the balance of power in the global economy. It should thus be proactive and drive through the next round of globalisation, and thereby simultaneously reap a far reaching openness dividend.

遗传学

CHARM

The Demographic Transition and Labour Supply arrival of the Lewis turning point. This chapter also points out that maintaining sustained, stable economic growth and joining the ranks of high income countries at the earliest opportunity, is the key, and only way, to reduce the ‘old before rich’ gap.

CORE

The Income Distribution Kuznets Turning Pointow to arrive at a judgment about the facts of China’s income distribution. Is the income gap still diverging, or has it already begun to reduce? It is only when there is an adequate consensus on these questions that we might be able to arrive at useful conclusions on extremely important topics, such as resolving the issue of income inequality.

预知

clarify

The Challenges After the Lewis Turning Pointe transition of surplus labour, but the precondition is that agricultural labour productivity rates rise in tandem. During this stage, if labour transitions cannot be substituted by increases in the labour productivity rate such as via that provided by mechanisation, then a fall in agricultural production will result.

Concerto

马具

my avoided falling into the trap of middle incomeThis book reviews and examines the reform and opening up in China from 1978 to 2011. It analyzes how China avoided to fall into the middle-income trap over those 33 years. The book makes a deep analysis of understanding how Chinese economy became a mi