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.
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© 2007 Chi Lo
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Lo, C. (2007). Policy Vision and Inspirations. In: Understanding China’s Growth. Palgrave Macmillan, London. https://doi.org/10.1057/9780230591202_8
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DOI: https://doi.org/10.1057/9780230591202_8
Publisher Name: Palgrave Macmillan, London
Print ISBN: 978-1-349-35396-5
Online ISBN: 978-0-230-59120-2
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