“Sound and Rapid” Economic Growth Development

LIU Shucheng ( 刘树成 )
Director , Institute of Economics, Chinese Academy of Social Sciences

Editorial note:

“Sound and rapid” has replaced “rapid and sound” as China’s guiding principle for economic growth. Behind such a change in phrasing, the Chinese government is working hard to transform the pattern of economic growth. In this article, Liu Shucheng, an authoritative researcher of China’s macro economic policies, presents an overview of China’s transition to “high quality” economic growth.

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