Farewell to GDP Worship: An Interpretation of China's Development: An Interpretation of China's Development

Author: Qin Shuo
Publisher:
Publish Date: 2004-05-01
Features: Blue Lion Financial Series · Lion's Opening. Over the past 25 years, China has successively moved away from its worship of the individual, its reverence for the planned economy, and its adoration of a single form of ownership. The rejection of GDP worship marks another step in the evolution of thought following these three waves of ideological liberation. Whether China can become the "greatest development story in the 21st century," depends on the national strategies and public policies it chooses. When it comes to GDP, it is crucial to understand what it includes and what it leaves out. Starting now, we will offer a fresh interpretation of China's development. We firmly believe that as Chinese society progresses and civilization advances, the power of finance will ultimately become a dominant force in Chinese society.

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