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The Chinese Economy in the Past Three Decades: Achievements and Problems. Andong Zhu Tsinghua University Beijing IDEAs Conference 2007.6. Outline. Introduction The Chinese Economy in the First Three Decades after the Revolution

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The chinese economy in the past three decades achievements and problems l.jpg

The Chinese Economy in the Past Three Decades:Achievements and Problems

Andong Zhu

Tsinghua University

Beijing IDEAs Conference

2007.6


Outline l.jpg
Outline

  • Introduction

  • The Chinese Economy in the First Three Decades after the Revolution

  • The Achievements of the Chinese Economy in the Past Three decades

  • The Problems of the Chinese Economy in the Past Three decades

  • Conclusion


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The Chinese Economy in the First Three Decades after the Revolution

  • The Initial Condition

  • The Achievement during This Period




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The Achievements Revolution

  • Preliminarily Industrialized the Economy

  • Established a Independent and Comprehensive Industrial system

  • GDP Growth Rate Averaged at 6.68% per year during 1953-1978

  • Life Expectancy increased from around 35 to about 67 years.


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Outline Revolution

  • Introduction

  • The Chinese Economy in the First Three Decades after the Revolution

  • The Achievements of the Chinese Economy in the Past Three decades

  • The Problems of the Chinese Economy in the Past Three decades

  • Conclusion




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Outline Revolution

  • Introduction

  • The Chinese Economy in the First Three Decades after the Revolution

  • The Achievements of the Chinese Economy in the Past Three decades

  • The Problems of the Chinese Economy in the Past Three decades

  • Conclusion






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China Revolution’s Changing Economic Structure, 1981-2003 (%)





Sweden 25 india 32 5 united states 40 8 china 44 7 brazil 59 1 l.jpg

Gini Coefficient for China’s Income Distribution Revolution

Sweden 25, India 32.5, United States 40.8, China 44.7, Brazil 59.1


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The Increasing Inequality Revolution

  • According to a recent study,

    • In urban area, the top 10% family’s income is 31 times of the bottom 10% family’s income, rather than 9 times, as some statistics show.

    • If we consider both the urban and rural area, the ratio is 55, rather than 21 times.







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International Comparison of the Expenditure Structure on Education:1999

Average duration of early childhood education in yearsDurée moyenne de la préscolarité en années

Average duration of early childhood education in yearsDurée moyenne de la préscolarité en années

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Secondary educationEnseignement secondaire

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Secondary educationEnseignement secondaire

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M + WH + F

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University

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WomenFemmes

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University

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Secondary educationEnseignement secondaire

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Primary educationEnseignement primaire

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Secondary educationEnseignement secondaire

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Secondary educationEnseignement secondaire

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Secondary educationEnseignement secondaire

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Secondary educationEnseignement secondaire

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The over deposit Education

Gap between deposit and loan increased from 1995 (billion)


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What are the Major Reasons of Inequality in China Education?

  • Monopoly?

  • Corruption?

  • Privatization?

  • Foreign Capital?








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Take away Profits, Leave GDP China:2005and…

Pollution



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Searching a Job China:2005?Or a War?


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Conclusion China:2005

  • The growth pattern of China has to be changed, or

    • it will not sustain

    • face the dangers of re-colonizing

      • Foreign Capital Controls the Economy;

      • Locked at the low-Ladder of the World Economy

  • How?

    • Strengthen the State and Empower the Working Class


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End China:2005Thank You!




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