China's Economic Development and Transformation in the Twelfth Five-year Period

• 来源期刊: 中国财政与经济研究（英文版）
• 关键词: 12th five-year plan Economic development Transformation
• 年，卷（期）: 2013,（2）
• 页码范围: 31-47
• 页数: 17页
• 语种: 英文

摘要

Under the framework of the 12th Five-year Plan,this article attempts to present the path and major goals for developing and transforming China's economy.The transformation requires environmental breakthroughs,incentives for innovation and improvements to welfare.For China's economic growth from today to 2030,this article offers three forecasts,indicating that slowing growth requires faster transformation and increased contribution from total factor productivity.Analysis and clarification of China's overdependence on international demand provides further scientific support for choosing the right transformation direction.