The Chinese economy has entered a new phase of development in which sources of growth are not so much dependent upon pure increases in labour, investment and credit expansion, but from productivity improvement, structural changes, technological progress and the benefits from improvement of the...

The Chinese economy is currently undergoing fundamental changes. In this context, the 2022 China Update examines the key characteristics of China's transition towards a new phase of economic growth and development. This year's update book covers a range of diverse topics that reflect the complex...

Preliminary -- Acknowledgments -- Contributors -- Abbreviations -- Part I: New Model for Economic Growth -- 1. Reform and China's Long-Term Growth and Development -- 2. China's Shift from the Demographic Dividend to the Reform Dividend -- 3. Structural Imbalance, Inequality and Economic Growth...

"The book discusses these important issues by focusing on China's long-term pattern of growth and employment, demographic shifts and rural-urban migration, its agricultural trade and local elections, China's banking sector reform and its fiscal sustainability, China's interaction with the...