Book Chapter

China’s Path Towards New Growth: Drivers of Human Capital, Innovation and Technological Change

L Johnston, L Song, C Fang, L Song, R Garnaut, C Fang, L Johnston

China's New Sources of Economic Growth: Human Capital, Innovation and Technological Change - Vol. 2 | ANU Press | Published : 2017

Abstract

China’s efforts in searching for new sources of growth are increasingly pressing given the persistence of the growth slowdown in recent years. This year’s book elucidates key present macroeconomic challenges facing China’s economy in 2017, and the impacts and readiness of human capital, innovation and technological change in affecting the development of China’s economy. The book explores the development of human capital as the foundations of China’s push into more advanced growth frontiers. It also explores the progress of productivity improvement in becoming the primary mechanism by which China can sustain economic growth, and explains the importance of China’s human capital investments to ..

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