National Conditions and Development, Five Dynamic Changes in China's Capital (1980-2003) and Long-Term Development Strategy

Author: Hu Angang, Wang Yahuang
Publisher:
Publish Date: 2005-08-01
Features: Based on the new development framework for growth quality proposed by the World Bank in 2000, this book introduces a comprehensive analysis framework of five capitals to analyze five key resources affecting China's long-term economic growth and national welfare: physical capital, international capital, human capital, natural capital, and knowledge capital. By understanding the evolution process and characteristics of these five capitals, it provides an overall grasp of the basic features of the national conditions and their interrelationships from historical trends and international comparisons. For this purpose, the book examines comprehensively the comprehensive national strength, economic national conditions, open national conditions, human resource national conditions, natural resource and environmental national conditions, and knowledge resource national conditions, analyzing the opportunities and challenges faced by each national condition system, quantitatively calculating the dynamic changes of the five capitals, and proposing four major strategies aimed at maintaining and enhancing the five capitals and addressing key development challenges.

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