From the Middle-Income Trap to the Threshold Effect -- How Does China Avoid “Secular Stagnation? -- Establishing a New Development Paradigm by Strengthening Comparative Advantage -- Dynamic Balance of Regional Economic Growth -- Productivity, New Growth Drivers and the Manufacturing Industry...

"China is historically famous for its high demographic dividend and its huge working population and this has driven tremendous economic growth over the past few decades. However, that population has begun to shrink and the Lewis turning point whereby surplus rural population has been absorbed...

This book explains why China’s opening-up policy can boost the rapid growth of its economy. Based on concrete facts and economic logic, it offers a brief introduction to the history of China’s successful development, which has unprecedentedly helped improve people’s lives and community...

Preface; Contents; Chapter 1: It Takes 30 Years to Reach Benevolent Governance; 1.1 Doubling of Per Capita Income; 1.2 Worldwide Example of Poverty Reduction; 1.3 China's Featured Policies of Agriculture, Farmer and Rural Area; 1.4 Social Protection That Develops from Nothing; 1.5 Unbalanced Inclusive...