Development
Development Strategies and Regional Income Disparities in China
January 1, 2005
Justin Yifu Lin
Peilin Liu
China Centre for Economic Research
Abstract
Since the economic reforms began in 1978, China has achieved remarkable economic results. Real GDP per capita grew at an average annual rate of 8.1% in the period of 1978-2001. Maintaining such a high growth rate over such a long period of time with a population of more than one billion truly is a miracle in world economy history (Lin et. al. 1994 and 1999).
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