IS CHINA'S ECONOMIC GROWTH MODEL SUSTAINABLE——PERSPECTIVE FOR THE NEXT10YEARS

• 作 者: NARANZUL DAGVADORJ
• 机 构: SHANGHAI UNIVERSITY,
• 出 处: 科技致富向导
• 发表日期: 2013年08期
• 关键词: Economic growth GDP Sustainable

China has been the fastest growing economy over three decades,Increasing investment has been important driver of China ’s economic growth,China can hold its exports rate by the low labor cost but as the inflation rate getting higher,the labor cost shall increase and that is believed to be the main cause of the decrease in export amounts plus the current global crisis.As a country with a tendency to be more trader than buyer,China has already placed in the top in all products set;therefore the economic growth with extremely high labor resource can be sustainable.

China has been the fastest growing economy over three decades, Increasing investment has been important driver of China’s economic growth, China can hold its exports rate by the low labor cost but as the inflation rate getting higher, the labor cost shall increase and that is believed to be the main cause of the decrease in export amount plus the current global crisis.As a country with a tendency to be more trader than buyer, China has already placed in the top in all products set; therefore the economic growth with extremely high labor resource can be sustainable.