China’s Great Convergence and Beyond
回顾了中国从1970年代的贫困国家成长为中等收入经济体的历程，梳理了驱动发展的因素、典型事实及相关理论，并探讨了影响其未来经济表现的技术与政治经济因素。
A recent wave of economic research has studied the transformation of China from a poor country in the 1970s to a middle-income economy today. Based on this literature, we discuss the factors driving China’s development process. We provide a historical account of China’s rise, fall, and resurgence. We then discuss the stylized facts associated with China’s growth process and review a comprehensive theory of its economic transition. Finally, we discuss China’s future. In particular, we review some recent studies about technological and politico-economic factors that may foster or hinder its future economic performance.