China's Economy Will Continue to Grow Rapidly —A Prospect of China's Economic Development After SARS
JIANG Xiao juan (Institute of Finance and Trade , Chinese Academy of Social Sciences,Beijing 100836,China)
China's economy after SARS will continue to grow rapidly. Such conclusion can be drawn from both the demand of the consumers and from the field of supply. The structure of consumers' demand is changing for the good of this growth and new trade which will enhance economic growth has come into being. The basic conditions for economic development has greatly improved. Competition among and within all trades has highly improved efficiency. The position of multi economy has been strengthened, which makes more opportunities possible for investment and development. What's more, the technology needed for the upgrading of economic structure has improved, and the function of market mechanism has been fortified. All these suggest that a new cycle of economic growth has come.