Second-Highest Growth Stage of the Chinese Economy

Author: Liu Yingqiu
Publisher:
Publish Date: 2002-09-01
Features: This book consists of nine chapters. Chapter 1 focuses on analyzing and explaining the inevitability and prominent characteristics of China's economy transitioning from a super-high growth stage to a sub-high growth stage, as well as arguing the significance of the current major adjustment for fully entering the sub-high growth stage of the national economy. Chapter 2 briefly elaborates on modern macroeconomic analysis models and conducts predictive analysis on China's macroeconomic trends in the current and coming years. Chapter 3 analyzes and explains consumption, investment, and their relationship with economic growth, with a focus on demonstrating and clarifying the reasonable consumption rate and investment rate corresponding to potential economic growth, as well as the correct combination relationship between the two. This analysis aims to illustrate the quantitative operational indicators of relevant policies. Chapter 4 builds on the analysis and explanation of the general theory of money supply and demand, as well as the relationship between financing contraction and deflation. Chapter 5 focuses on analyzing and explaining the core operational indicators of fiscal policy adapted to China's sub-high growth stage of the national economy: budget deficit rate and debt-to-GDP ratio. Chapter 6 analyzes and explains employment and related policy indicators in the sub-high growth stage. Through analysis and argumentation, it proposes unemployment control theories and policy operational recommendations adapted to the sub-high growth stage of the national economy. Chapter 7 further analyzes the adjustment of the national economy structure, particularly the industrial and regional structures, and argues and clarifies the key points, directions, and quantitative indicators for guiding policy operations in industrial structure adjustment. Chapter 8 shifts the analytical focus to the non-real economy sector, emphasizing the analysis of the relationship between stocks and futures and the growth of China's national economy. In the final Chapter 9, from the perspective of an open economy, it analyzes and explains some indicators related to foreign economic ties, and provides estimates on the current state of China's national economy and its medium-to-long-term future development, thereby concluding the book's analysis and elaboration.