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    Growing into an Innovative Economy: Evidence from Chinese Firm-Level Data Analysis

    Access Status
    Fulltext not available
    Authors
    Zhou, Yixiao
    Date
    2013
    Type
    Book Chapter
    
    Metadata
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    Citation
    Zhou, Y. 2013. Growing into an Innovative Economy: Evidence from Chinese Firm-Level Data Analysis, in Garnaut, R. and Fang, C. and Song, L. (ed), China: A New Model for Growth and Development, pp. 125-146. Canberra: ANU E Press.
    Source Title
    China: A New Model for Growth and Development
    Additional URLs
    http://epress.anu.edu.au
    ISBN
    9781921666483
    URI
    http://hdl.handle.net/20.500.11937/13397
    Collection
    • Curtin Research Publications
    Abstract

    The Chinese economy is undergoing profound change in policy and structure. The change is necessary to increase the value of growth to the Chinese community, and to sustain growth into the future. The changes are so comprehensive and profound that they represent a new model of Chinese economic growth. This book describes the replacement of an old uninhibited investment expansion model of growth, by transition to modern economic growth and provides insights into recent changes and where they are likely to lead. These include requirements for building the new institutions including its public finances for future growth, adjustments in its savings, industry and agriculture, changes in its demographic structure, business environment, and pattern of rural-urban migration, prospects for ‘green growth’, its energy policy trilemma and the climate change mitigation strategy, and changes for China’s interaction with the international economy through its overseas investment and trade in high tech products. China’s adoption of a new model of economic growth is of immense importance to people in China and everywhere. This book is an early attempt to take a close look at many of the features of the new model.

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