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The Oxford Companion to the Economics of China$
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Shenggen Fan, Ravi Kanbur, Shang-Jin Wei, and Xiaobo Zhang

Print publication date: 2014

Print ISBN-13: 9780199678204

Published to Oxford Scholarship Online: December 2014

DOI: 10.1093/acprof:oso/9780199678204.001.0001

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China’s future performance and development challenges

China’s future performance and development challenges

Chapter:
(p.70) 8 China’s future performance and development challenges
Source:
The Oxford Companion to the Economics of China
Author(s):

Dwight Perkins

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780199678204.003.0009

This chapter suggests that China’s gross domestic product (GDP) growth is likely to decelerate markedly within the next decade and possibly within the next few years, which will have profound implications for China’s influence on the world economy as well as for the standard of living and economic structure of China’s own economy. It examines the reasons for this deceleration by looking first at supply side issues and then turning to the demand side where China’s gross domestic expenditure structure is unique.

Keywords:   Chinese economy, economic growth, economic policy, GDP, supply, demand, growth deceleration

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