Farewell to GDP Worship (An Interpretation of China's Development)

Author: Qin Shuo
Publisher:
Publish Date: 2004-05-01
Features: Blue Lion Finance 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 obsession with a single form of ownership. The farewell to GDP worship is another step in the evolution of thought following these three ideological liberations. Whether China can become the "greatest development story in the 21st century," depends on the national strategy 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 provide a fresh interpretation of China's development. We firmly believe that as Chinese society develops and civilization progresses, the power of finance will ultimately become a dominant force in Chinese society.