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Frontiers of Economics in China

Front. Econ. China    2019, Vol. 14 Issue (1) : 26-52     https://doi.org/10.3868/s060-008-019-0003-1
SPECIAL THEME
China’s Growth Deceleration: Causes and Future Growth Prospect
Justin Yifu Lin()
Institute of New Structural Economics, Peking University, Beijing 100871, China; Institute of South-South Cooperation and Development, Peking University, Beijing 100871, China; National School of Development, Peking University, Beijing 100871, China
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Abstract

China’s growth decelerated substantially after 2010. This paper argues that the main cause for the deceleration is external and cyclical, China has a potential growth rate of 8%, the economy has good investment opportunities and resources, and China is likely to achieve a medium-high growth rate of around 6.5% in the coming years. The paper also examines the various structural reforms that can help China to release its growth potential and complete the transition to a well-functioning market economy.

Keywords China      economic growth deceleration      causes      countermeasures      external factors      cyclical factors      structural reforms      growth potential      well- functioning      market econmy      hig-growth rate      medium-high growth     
Issue Date: 16 April 2019
 Cite this article:   
Justin Yifu Lin. China’s Growth Deceleration: Causes and Future Growth Prospect[J]. Front. Econ. China, 2019, 14(1): 26-52.
 URL:  
http://journal.hep.com.cn/fec/EN/10.3868/s060-008-019-0003-1
http://journal.hep.com.cn/fec/EN/Y2019/V14/I1/26
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