Sun, Sizhong, Wu, Yanrui, and Wu, Guiying Laura (2019) Introduction and editorial overview — In search of new sources of growth: what China should do next? Singapore Economic Review, 64 (4). pp. 813-814.

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Abstract

[Extract] Welcome to this special issue of Singapore Economic Review on “In Search of New Sources of Growth: What China Should Do Next”!

In the past three decades, remarkable achievements have been made in China’sdevelopment, with economic growth averaged at around 9% per annum. Rapid economic growth benefits ordinary Chinese, as can be observed that more and more Chinese travel overseas, for sight-seeing, shopping and even hunting for real estate assets. Coupled with these remarkable achievements are a number of challenges that are exerting an increasingly significant constraint on China’s road ahead, such as environmental pollutions, income inequality and regional disparities. For example, the widely spread smog in China’s major cities is likely to affect people’s health in a negative way.

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