China’s Growth Should Pursue Quality and Efficiency

ZHANG Zhuoyuan1 (张卓元)

Editorial note:

The plan to transform China’s economic growth pattern is nothing new. As early as 1995, the Chinese government had already set out the task of changing from an extensive growth pattern to an intensive growth pattern. Why then, has there been a greater emphasis upon this transformation over the past couple of years than ever before? The author of this article, Zhang Zhuoyuan, possesses a profound and comprehensive understanding of Chinese economics and seeks to expound upon this topic, helping the reader to realize the answers to these questions.

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