Open AccessChina’s Strategic Economic Growth (1978-2018)
Author(s) -
В.В. Моисеев,
V. F. Nitsevich,
O. A. Sudorgin
Publication year - 2019
Publication title -
przegląd strategiczny
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.151
H-Index - 2
eISSN - 2956-5073
pISSN - 2084-6991
DOI - 10.14746/ps.2019.1.17
Subject(s) - china , modernization theory , gross domestic product , economics , economic power , economic statistics , economic expansion , economic system , development economics , economic growth , political science , macroeconomics , politics , law , econometrics
Today, China is the leading economic power, its gross domestic product (GDP) increased from 1979 to 2018 in 50 times, to $13,2 trillion. This is 10 times the GDP of Russia and almost 30 times the GDP of Poland. China’s nominal GDP is the second in the world after the United States. The authors not only reveal the factors of the Chinese phenomenon, but also attempt to analyze the main components of China’s success in economic development. The purpose of this study is a comprehensive analysis of key features of China’s economic development strategy. Тhe authors examine the key features of China’s economic development strategy, the priority directions of its modernization: public administration reforms, state regulation of the economy, analyze the features of attracting national and foreign investments for a breakthrough in socio-economic development. Тhe authors used the analytical, comparative, institutional and sociological methods.