Since China began its reform and opening-up policy in the late 1970s,its economic growth has continued at an annual rate of nearly 10%.Such rapid growth derives from a few fast-growing sectors.This paper examines thei...Since China began its reform and opening-up policy in the late 1970s,its economic growth has continued at an annual rate of nearly 10%.Such rapid growth derives from a few fast-growing sectors.This paper examines their growth,both overall and by sector,as well as their distribution,nature,growth momentum and impact on industrial growth and restructuring.By means of international comparative research,this paper concludes that manufacturing growth in industrialized countries is not necessarily outpaced by services.In some time periods,manufacturing tends to grow much faster than the service industry.展开更多
文摘Since China began its reform and opening-up policy in the late 1970s,its economic growth has continued at an annual rate of nearly 10%.Such rapid growth derives from a few fast-growing sectors.This paper examines their growth,both overall and by sector,as well as their distribution,nature,growth momentum and impact on industrial growth and restructuring.By means of international comparative research,this paper concludes that manufacturing growth in industrialized countries is not necessarily outpaced by services.In some time periods,manufacturing tends to grow much faster than the service industry.
