This paper investigates the relevance of the two leading theories for city-industry growth (i.e., specialization and diversity theories) in accounting for the fast yet uneven growth of industries in China's cities. Using the data set of 29 two-digit manufacturing industries in 231 China's cities...

Introduction -- Acknowledgements -- China's growth potential to 2050 : a supply-side forecast based on cross-country productivity convergence and its featured labor force -- Is China's current slowdown a cyclical downturn or a long-run trend : a productivity-based analysis -- Policy implications...

China's economic growth over the past three decades is unprecedented. Although this growth is commonly attributed to a high domestic savings rate among “thrifty” Chinese, savings alone cannot promote economic growth unless productivity has continuously grown for such a long period. This...

China’s service sector has experienced a rapid expansion since the late 2000s. Ac-cording to the official statistics, the service GDP share increased from 43% in 2007 to 55% in 2020. In this paper, we first present evidence from additional datasets showing that the recent rise of the service...

Gradual change has been a hallmark of the Chinese reform experience, and China's success in its sequential approach makes it unique among the former command economies. Since 1979, with the inception of the continuing era of reform, the Chinese economy has flourished. Growth has averaged nine...