从高速增长到优质增长 : 中国经济的挑战与出路

This chapter explains how China has now entered a phase of high quality growth that focuses on sustainable development and benefits to the entire country, many of which are not counted in the GDP. Because many studies on Total Factor Productivity rely on macroeconomic data such as the GDP, which ignores outputs other than those that carry a price tag and are traded in markets, their conclusion that China's TFP growth has slowed down is wrong. While there are many challenges facing China today, with an attitude of pragmatism and humility, China's leadership will correct past policy errors and continue to embark on a path of sustainable development.