This book uses a comparative approach to explain why Chinaas role in the world economy has changed so dramatically in the last thousand years. This edition has been revised and updated and Chapter 4 is new. It concludes that China will resume its role as the world's largest economy by 2015.The official measure of industrial performance (see second column of Table C.5) is made by cumulating returns from ... In order to measure constant prices, enterprises are given price manuals which specify the prices they are to use for benchmark years. ... In 1978 there were 348 000 industrial enterprises, but by 1996, the number had risen to 8 million. ... Wua#39;s coverage corresponds to that in Western definitions (he excludes forestry products and repair and maintenance which areanbsp;...
|Title||:||Development Centre Studies Chinese Economic Performance in the Long Run, 960-2030 AD, Second Edition, Revised and Updated|
|Publisher||:||OECD Publishing - 2007-09-28|