The change in the model of economic growth in China has become common knowledge. But most of the analyses are limited to the macro level and lack discussion on the mechanism of micro behavior. The present article starts with an analysis of the evolution of "learning by doing" and presents an...

This book probes into China's economic growth in 2013 and predicts China's development prospects. China’s GDP growth in 2014 continues to slow down, and is expected to be 7.6%, with the CPI stable at a level of 2.5%. With the pressures of structural slowdown, 2014 will be a year of adjustment,...