Since the beginning of reform and opening up, China’s economy has maintained a general trend of rapid growth.
In terms of the three-step modernization strategy, China has completed the first two steps by doubling the 1980 GDP in 1990 and again the 1990 GDP in 2000.
Since the mid-1980s, swiftly emerging TVEs have absorbed a large amount of rural labor force.
China’s economic growth at the current stage is mainly restrained by demand.
It can be seen from Chart 1 that the growth of the Chinese economy has kept slowing down since 1992.
WTO accession brings both advantages and disadvantages to China.
As a country exercising foreign exchange control, China has always carried out strict control over investment in foreign countries.
The client self-service pattern (first party distribution services).