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《People's Tribune.Frontiers》 2012-07
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Laws Governing Historical Development and the Universal Law:Chinese Economy at a Crossroad

Cai Fang  
With more than 30 years of rapid growth,Chinese economy has mixed with the highly integrated world economy and is now having an opportunity for great rejuvenation.But at the same time,as the demographic dividend disappeared,Chinese economy has entered a period of decelerated growth.At the crossroad,the kind of policy choices to be adopted determines economic prospects.This article reviews international experience in addressing growth slowdown following economic prosperity,analyzes the reasons for economic decline and stagnation,and proposes corresponding policy measures on how to prevent the abnormal economic downturn so as to avoid a bad result.The measures include accelerating transformation of the pattern of economic development and making long-term economic growth shift toward being productivity-driven.
【CateGory Index】: F124
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