Hsu, Sara; Simon, Alba Carolina Melchor - In: China finance and economic review : CFER 4 (2016), pp. 1-17
China's economy faces the daunting challenge of shifting from a manufacturing-based economy to a service-based economy … this paper, we explore China's success and challenges with structural change and then take a closer look at the financial … describe structural change with regard to growth and TFP (total factor productivity), then as it applies to China. We examine …