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Overview"Based on an examination of national and international background, this report analyzes the concept of China's New Normal Economy, emphasizing its conceptual changes, economic theory foundations and its practical background. This report proposes that China's New Normal Economy is a new ""market economy normal"" during a time when the eight dividends (namely, the dividends of population, productivity, urbanization, economic structure, reform, resource, environment and net export) gradually shrink or vanish. Under the new normal, economic growth at the past super-high speed under """"non-market economy normal"""" will slow down to ordinary speed under """"market economy normal"""". The slowing down of economic growth would be gradual but irreversible. In order to maintain a stable and continuous economic growth under the new normal, this report provides seven strategic measures, including: comprehensive reform strategy to cope with shrinking reform dividend; information driven development strategy to cope with shrinking productivity dividend; human resource nurturing strategy to cope with shrinking population dividend; circular economy strategy to cope with resource and environmental dividends; substantial urbanization strategy to cope with shrinking urbanization dividend; manufacturing and emerging industries upgrading strategy to cope with shrinking structural dividend; and service and trade improvement strategy to cope with shrinking net export dividend." Full Product DetailsAuthor: Pinda Wang , Chinese Academy of Social SciencesPublisher: Paths International Ltd Imprint: Paths International Ltd Weight: 0.333kg ISBN: 9781844645794ISBN 10: 1844645797 Pages: 92 Publication Date: 30 January 2020 Audience: Professional and scholarly , Professional & Vocational Format: Hardback Publisher's Status: Active Availability: Manufactured on demand  We will order this item for you from a manufactured on demand supplier. Table of ContentsAbout The Authors Chapter 1 The Practical Implications of the New Normal Economy Chapter 2 Every Country Has Its Own New Normal Chapter 3 China's New Normal, Theory of Developmental Stages, and The Shrinking or Vanishing of Growth Dividends I. The origin of economic growth dividends II. Transformation of development stages and deepening of reforms causes the eight growth dividends to shrink or vanish Chapter 4 Distinguishing Between Normality, Abnormality and the New Normal I. Normality II. Abnormality III. Transformation between Normality, Abnormality and the New Normal Chapter 5 Policy Measures in the Face of New Normal I. The comprehensive reform strategy to cope with shrinking reform dividend II. The innovation-driven development strategy to cope with shrinking productivity dividend III. Implementing human resource nurturing strategy to cope with vanishing population dividend IV The circular economy strategy to cope with the vanishing environment dividend V The substantial urbanization strategy to cope with shrinking urbanization dividend VI The manufacturing and emerging industries upgrading strategy to cope with vanishing structural dividend VII The trade in services improvement strategy to cope with shrinking net export dividend ReferencesReviewsAuthor InformationTab Content 6Author Website:Countries AvailableAll regions |
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