Jiwei Lou

Author information

Ministry of Finance of the People’s Republic of China, Beijing 100820, China

Abstract

This article discusses the challenges facing China’s economy and assesses the likelihood of China falling into the “middle-income trap.” In the view of this author, an upper middle growth rate of 6.5% to 7% can be achieved if China undertakes further economic reforms in the areas of agriculture, household registration system, urbanization and social insurance system.

 Keywords

middle-income trap, wage, economic growth, China

Cite this article

Jiwei Lou. The Possibility and Approaches to an Upper Middle Growth Rate. Front. Econ. China, 2016, 11(2): 196‒209 https://doi.org/10.3868/s060-005-016-0013-6