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The Possibility and Approaches to an Upper Middle Growth RateI
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Journal Article
The Possibility and Approaches to an Upper Middle Growth RateI
2016
Overview
This article discusses the challenges facing China＇s economy and assesses the likelihood of China falling into the ＂middle-income trap.＂ In the view of this author, an upper middle growth rate of 6.5% to 7% can be achieved if China undertakes further economic reforms in the areas of agriculture, household registration system, urbanization and social insurance system.
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