China Enters into a Stage of an Intermediate-to-High Economic Growth Rate

• 来源期刊: 中国财政与经济研究（英文版）
• 关键词: China's economy Macroeconomic regulation and control Reasonable range Intermediate-high growth
• 年，卷（期）: 2013,（4）
• 页码范围: 5-16
• 页数: 12页
• 语种: 英文

摘要

This paper proposes that optimizing the extent of China's potential economic growth rate decline constitutes an essential issue in macroeconomic regulation and control against the backdrop of China's entrance into a gear-shifting phase of its economic growth.This article focuses on three key propositions concerning recent macroeconomic regulation and control:"make a difference in a stable situation," "a reasonable growth range," and "intermediate-high growth,"and conducts a relevant quantitative study.Finally,the paper puts forward some suggestions regarding macroeconomic regulation and control policy:rather than securing the lower limit,it would be better to seize the "middle line." This paper also proposes that in order to maintain current and future intermediate-high economic growth,"two gracious spaces" brought by "two huge disparities" should be adequately employed:development space brought first by regional disparities and second by the gap between urban and rural areas.