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We propose a quantitative theory of wealth creation and distribution during China's transitional growth from the early … the model matches the rise in urban China’s wealth inequality since 1995 almost exactly. We further quantify the relative …
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down on research and development (R&D) spending and STEM-oriented human capital. In this paper, we assess China's progress … research and patents. We then evaluate how China has fared with respect to the ultimate goal of commercialising this progress … bottlenecks that might be hindering the translation of China's innovation efforts into productivity growth. …
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China is experiencing population ageing caused by a rapidly declining fertility rate and increased life expectancy … circumstances, China’s shrinking population will shave off 1.4 percent from GDP growth annually. These results, however, do not take … into account the impact of population aging on labour productivity. China’s fast move towards robotisation and artificial …
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