| Popis: |
In recent years, the Chinese economy has shifted gear from the previous high-speed growth to a medium-to-high speed growth. As the number two largest economies in the world, economic slowing down will not fundamentally weaken China’s political and economic positions in the international system. However, changes captured by the term “new normal” have attracted attentions from the academic circles. Against the backdrop of this challenge, scholars are challenged to come up with a new framework, which is both logical and consistent, to explain the Chinese economic growth and adjustment in the whole reform era. |
