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Product Description An economic blueprint for China s next decadeIntroducing the English translation of one of the most comprehensive studies of the challenges and opportunities that will determine China s long-term growth, authored by a team of senior policy advisors and compiled by Dr Liu Shijin of the Development Research Centre of the State Council. The phenomenal growth of the past 10 years will not be repeated and a slowdown is inevitable. This book explains that China is undergoing a necessary period of transition and sees two steps for the country s economic future: upgrades at the industrial level; and innovation. Likely future growth opportunities include more investment in infrastructure, urbanisation, automation and consumer consumption.As the economic structure changes, so too will factors of supply and demand in addition to the pressing need to address China s environmental degradation. In outlining the most likely scenarios for the country a decade from now, this book is an essential read for those with an eye on investing in China s continued development. Review This latest work of the DRC gives an important insight into what China expects from its renewed reform efforts, an excellent guide to what it hopes to accomplish over the next decade, and the analysis that underlies those hopes and expectations. It should be read by anyone interested in the Chinese economy and its future prospects. --Professor Dwight H. Perkins, Harvard UniversityTaking into account the historical experiences of other economies, this book predicts development trends a decade ahead for key sectors, such as investment in infrastructure, urbanisation, industry upgrades, innovation, housing and energy/resources - and their ramifications on economic growth. A valuable read for those with an eye on China s economic development and investible growth areas. --Bai Chong en, Tsinghua University School of Economics & ManagementTaking into account the historical experience