The rapid growth over the past three decades has been instrumental in lifting over 600 million people in China out of poverty. International evidence has made it clear that a global economy based on current pattern of consumption and production is simply not sustainable. Policymakers have been...

Introduction and Overview -- Chapter 1 China’s Miracle in Growth and Poverty Reduction -- Chapter 2 Explaining China’s Growth Miracle -- Chapter 3 Why China Must Advance Transformation and Improve the Quality of Growth -- Chapter 4 Rising Income Inequality -- Chapter 5 Social Disparity and...

Addressing the alarming environmental consequences of China's rapid rate of growth, this report contributes to the literature on Chinese economic growth and broadens the policy analysis in several important new areas, using the most recent data available.