Introduction
Over the past four decades, China has had an unusual path of economic development. The whole world witnessed its unprecedented performance since Chinas economic system reform and opening-up. Chinas economic development is a miracle unseen since the Industrial Revolution, and the international community is wondering about the whole story behind this Mystery of the Century.
(1) Making the Most of Chinas System Advantages / 003
(2) The Miracle of Chinas GDP Growth / 005
(3) The Miracle of Chinas Industrial Structure Upgrade / 008
(4) The Miracle of Chinas Further Opening-Up / 011
(5) The Miracle of Chinas Much Bettered Living Standards / 015
Gross Domestic Product (GDP) is the total value of all final products and services created in the economic operation of a country or region in a certain period of time (usually a year or a quarter). It is often regarded as a representative index of the economic condition and development level of a country or region.
(1) How Big Is Chinas Economy / 025
(2) How Fast Is Chinas Economic Growth / 027
(3) Why We Emphasize Economic Growth / 029
(4) Where Does Chinas Per Capita GDP Stand / 032
(5) What GDP Tells Us / 033
(6) Why GDP Must Grow / 037
(7) How Large Is Chinas Regional Gap / 039
(8) Is Chinas Economic Growth Efficient / 040
(9) Why We Must Reduce the Cost of Chinas Economic Growth / 043
The income level reflects the living standard of residents in a country or region. Since the reform and opening-up, the income level of urban and rural residents in our country has been increased significantl, especially since the 21st century, when the increase further accelerated.
(1) Income Level / 049
(2) Income Distribution Ratio?DHow to Balance the “Two Pockets” / 050
(3) Is the Tax Burden Heavy in China / 052
(4) How Revenue Is Distributed / 054
(5) How Large Is the Rich-Poor Gap / 056
(6) How High Is the Income of High-Income Families / 0
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