People's Republic of China needs to upgrade its institutional quality and improve productivity, particularly in its services …'s success well, poor productivity performance in the services sector has hampered overall productivity growth. The Republic of … Korea's experience implies that the People's Republic of China's potential growth rates are likely to slow in the coming …

People's Republic of China needs to upgrade its institutional quality and improve productivity, particularly in its services …'s success well, poor productivity performance in the services sector has hampered overall productivity growth. The Republic of … Korea's experience implies that the People's Republic of China's potential growth rates are likely to slow in the coming …

structural problems, unless China substantially upgrades institutions and policy factors and improves productivity, particularly …This study explores China's economic growth performance and prospects in global and Asian comparative perspectives …. Using a general framework of cross-country analysis, the study identifies and discusses major factors underlying China …

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced …

-convergence trap" long before the euro years. We also provide stylised facts on: (i) the central role of total factor productivity in …

China is well-placed to avoid the so-called “middle-income trap” and to continue to converge towards the more advanced …

of the service sector have increased significantly. Moreover, total factor productivity growth has increased faster in … services have also grown significantly in terms of both value-added share and productivity. The results are robust to different …

, productivity performance in the service sector was higher than in the manufacturing sector in terms of the level as well as growth …