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Regional Studies

Humanities & Social Sciences

Asian Studies

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B2B GT

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B2B & B2C

This book presents empirical observations and theoretical thinking of the fundamental changes in the Chinese economy. It starts with a warning of the arrival of the Lewis Turning Point, which is empirically proven by disappearance of surplus labor force and a rapid increase in wages of unskilled workers. It further reveals that Chinas rapid population-aging trend is diminishing the demographic dividend that has kept Chinas economic growth rate high. Subsequently, it touches upon employment challenges that arise after reaching the Lewis Turning Point, further propelling urbanization, a balanced regional development, and so on. Finally,  it introduces middle-income trap which is one of the biggest challenges China is facing, followed by recommendation of policies for the Chinese government to tackle the challenges ahead.This book should be of great interest to graduates, undergraduates, researchers and specialists who follow closely the economic development and demographic transition of China, the worlds most populous country.

Beyond Demographic Dividends

POST SECONDARY FOUR YEAR

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BEYOND DEMOGRAPHIC DIVIDENDS

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Front Cover.
Half Title Page.
Other Frontmatter.
Title Page.
Copyright Page.
Preface.
Contents.
1: The Arrival of the Lewis Turning Point.
2: The Disappearance of Demographic Dividends.
3: End of the Unlimited Labor Supply Era in China.
4: Employment Challenges after Reaching the Lewis Turning Point.
5: Further Propelling Urbanization and Balanced Regional Development.
6: Avoiding the Middle-Income Trap.
References.
Index.

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Beyond Demographic Dividends