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Preface to Volume 2 - The China Economy Yearbook
(1,274 words)

In The China Economy Yearbook, Volume 2 | ISBN: 9789004168022

Since 2006, China's economic situation has performed well overall but faces certain issues which need urgent attention. One of these is the excessively rapid increase in investment in fixed assets, and the excessive scale of this investment. The continuing “three highs” (三高) (i.e. high absolute investment growth, high proportion of investment to GDP, and high impact of investment on economic growth) manifested in investment can very easily cause national or local overheating of the economy.

As a result of China's almo…

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Chen, Jiagui, “Preface to Volume 2 - The China Economy Yearbook”, in: Chinese Research Perspectives Online, Edited by: International Advisory Board Chinese Research Perspectives Online. Consulted online on 02 December 2023 <>

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