Justin Yifu Lin
Author information
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
E-mail: justinlin@nsd.pku.edu.cn
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.
China, economic growth deceleration, causes, countermeasures, external factors, cyclical factors, structural reforms, growth potential, well- functioning, market economy, hig-growth rate, medium-high growth
Justin Yifu Lin. China’s Growth Deceleration: Causes and Future Growth Prospect. Front. Econ. China, 2019, 14(1): 26‒52 https://doi.org/10.3868/s060-008-019-0003-1