By Iris Claus, Les Oxley
This selection of serious surveys presents readers with quite a number updated paintings from best students within the quarter, writing on the various key matters dealing with China, as they survey the current and destiny demanding situations of the chinese language economy
- Nine papers offer precise dialogue on key facets of the earlier, current and way forward for the chinese language economy
- Leaders of their correct fields of scholarship take on many of the severe concerns dealing with China
- Contributors establish universal subject matters, together with the family registration method, urbanization, demographic transition, inequality and the sustainability of financial growth
- Articles supply a severe overview of the literature and speak about coverage implications and parts for destiny research
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Extra info for China's economy : a collection of surveys
The first one is the well-known one-child policy, which covers all urban residents and the rural residents of Beijing, Tianjin, Shanghai, Jiangsu, Sichuan, and Chongqing. 9% of the total population in China. The second one is the so-called one and a half policy, which applies to rural couples who have already had a girl. Those couples are allowed to have a second child. The 19 provinces implementing the one and half policy include Hebei, Shanxi, Inner Mongolia, Liaoning, Jilin, Heilongjiang, Zhejiang, Anhui, Fujian, Jiangxi, Shangdong, Henan, Hubei, Hunan, Guangdong, Guangxi, Guizhou, Shannxi, and Gansu.
This became a nationwide policy in 2014. 47 in China (CDRF, 2012). The total fertility rate is defined as the average number of children that would be born to a woman during her lifetime if (1) she were to experience the exact current age-specific fertility rates through her lifetime, and (2) she were to survive from birth to the end of her reproductive life. The TFR is obtained by summing the single-year age-specific birth rates at a given time. It is believed that China is almost the only country to have effectively implemented a family planning policy.
At that time, it can be seen that the age structure was favourable to economic growth because the productive group accounted for a large proportion of the total population, meaning that such a society can achieve high saving rates to support investments. DEMOGRAPHIC TRANSITION AND LABOUR MARKET CHANGES 41 In addition, the consumption structure per se is correlated with the age structures. Du and Wang (2011) found that the elderly tend to reduce their work-related expenditures but significantly increase spending on medical care: the latter is not favourable to economic growth.