Can China's Growth be Sustained? A Productivity Perspective
Bigsten, Arne, Angang Hu, Zheng, Jinghaiin World Development, vol. 37, no. 4
Elsevier (2009)p. 874-888.
China’s gradual approach to economic transition has resulted in sustained high growth. China now needs to adjust its reform program toward sustained increases in productivity. Market and ownership reforms, and open door policies have improved the conditions under which Chinese firms operate, but further institutional reforms are required to consolidate China’s move to a full-fledged market economy.
