Język Polski
English
Published
:
2014-06-30
China's Economic Growth and Its Emergence as the World's Leading Business Hub
Marcin Jałowiecki
Abstract
This article describes the macroeconomic outlook for China by 2030 in fields indicated by the recent 3rd Plenum of the Central Committee of the Communist Party of China (CPC Central Committee). The party leaders marked out reform plans, mostly economic ones, and announced their commitment to the market's "decisive role" in the economy. The country will attempt to maintain its economic growth by shifting from an economy based on investment, to a consumption- and services-driven economy. In recent years, many companies have moved their headquarters to China, making China's biggest cities emerge as major economic centers of the world. It becomes clear that China's economy, to be able to continue to develop, have to undergo profound changes aimed at triggering further GDP growth.(original abstract)Keywords:
Economic development, Economic development of the country, Globalization of financial market, Economic globalizationMost read articles by the same author(s)
- Marcin Jałowiecki, The Development of China's Cities between 2008-2011 , Zeszyty Naukowe Wyższej Szkoły Bankowej w Poznaniu: Vol. 59 No. 2 (2015)
- Marcin Jałowiecki, Changes in Government Bonds Markets in 2009/2010 , Zeszyty Naukowe Wyższej Szkoły Bankowej w Poznaniu: Vol. 35 (2011)
Similar Articles
- Paweł Kawa, The Effects of Financial Market Liberalization on Economic Growth Dynamics and an Economy's Crisis-Vulnerability , Zeszyty Naukowe Wyższej Szkoły Bankowej w Poznaniu: Vol. 35 (2011)
You may also start an advanced similarity search for this article.
Details
References
Statistics
Authors
Citation rules
Jałowiecki, M. (2014). China’s Economic Growth and Its Emergence as the World’s Leading Business Hub. Zeszyty Naukowe Wyższej Szkoły Bankowej W Poznaniu, 54(3). Retrieved from https://journals.wsb.poznan.pl/index.php/znwsb/article/view/1131