USEUROPEAFRICAASIA 中文双语Français
Home / World

Tapping potential of growth

By Cai Fang | China Daily | Updated: 2013-09-26 07:59

With the demographic dividend declining, further reforms are necessary to release vitality to sustain development

Over the past three decades, China's economy saw an average annual growth rate of almost 10 percent. There are many reasons for the rapid growth, but a major one was the country's favorable demographic structure.

The working-age population, those between 15 and 59, was on the rise, while the population dependency ratio, the ratio of the non-working population to the working population, was falling. The abundance of labor offset many negative elements such as the marginal effects of investment and provided ample support for robust economic growth.

Tapping potential of growth

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US