1. Sustainable Development -- The Chinese People's Choice.
- Author
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ZHANG SHIFU, WEN YUMIN LI ZONGPIN, QIU JIANGHONG, MA YIWEN, SUN PENGHAO, and WANG YING
- Subjects
- *
ECONOMIC models , *ECONOMIC development , *SUSTAINABLE development , *CAPITALISM , *GROSS domestic product - Abstract
The article discusses the decision of China to transform its model for economic growth to achieve sustainable development. An overview of China's economic growth since the country established a market economy is provided, including its 2012 gross domestic product (GDP) second in the world only to the U.S. A discussion of the market-based system of the country which led to its economic development is given. China is predicted to maintain economic growth rate of 7 to 8 percent.
- Published
- 2013