China across the "Middle Income Trap" Dynamic Mechanism and Path Selection

DOI

10.2991/icemc-16.2016.20How to use a DOI?

Keywords

Middle income trap; Mechanical machine; Path selection; Industrial upgrading

Abstract

Demographic dividend play advantage, improve market supply factors, optimize the industrial structure, promote independent innovation is the main driving force of China's economic growth in the current long-term, to maintain growth momentum and success across the "Middle Income Trap" Feasible path include: Emphasis on economic restructuring and the development of new industries consumption upgrading investment structure. The former relies on effective docking innovative spirit and ability to integrate large-scale industrial enterprises of small and medium enterprises; the latter long-term dependence on income distribution accounted for the proportion of the national economy steadily. Given that consumption declined upgrade depends on disposable income and savings rate of improvement can be expected, Consumption transformation is a long-term trend of China's economic development, industrial policy and the restructuring of the investment is countermeasures current economic problems.

Copyright

© 2016, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Jie Fan
PY  - 2016/05
DA  - 2016/05
TI  - China across the "Middle Income Trap" Dynamic Mechanism and Path Selection
BT  - Proceedings of the 2016 International Conference on Education, Management and Computer Science
PB  - Atlantis Press
SP  - 97
EP  - 101
SN  - 1951-6851
UR  - https://doi.org/10.2991/icemc-16.2016.20
DO  - 10.2991/icemc-16.2016.20
ID  - Fan2016/05
ER  -