Proceedings of the International Conference "Topical Problems of Philology and Didactics: Interdisciplinary Approach in Humanities and Social Sciences" (TPHD 2018)

To Question of Economic Success of China

Authors
M. Yu. Karelina, E.A. Karelina, V.V. Moiseev, K.V. Zhigaeva, С.Е. Zaslavsky
Corresponding Author
V.V. Moiseev
Available Online April 2019.
DOI
10.2991/tphd-18.2019.58How to use a DOI?
Keywords
China; economy; reforms
Abstract

For the last four decades in a row (1978-2018), China's economy has been developing almost without crises, at high rates, sometimes adding 10% a year. Today, China is the leading economic power, its gross domestic product (GDP) increased from $ 255.7 billion in 1979 to $ 12 trillion in 2017, i.e. more than 46 times. The authors not only reveal the factors of the Chinese phenomenon, but also attempt to analyze the main components of China's success in economic development. The article considers the key aspects of Chinese reforms, analyzes strategic directions of modernization of China's national economy based on strengthening liberalization of the country's foreign economic activity as one of the main conditions for further large-scale borrowing of advanced technological experience of the highly developed countries of the world. A separate place is given to the consideration of the program of socialist modernization, conducted by Deng Xiaoping. The relevance of the study is due to the importance of China as one of the main leaders in social and economic development in the world, the growing role of China's border economic cooperation and the special significance of developing and strengthening long-term trade and economic cooperation between China and other countries of the world.

Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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Volume Title
Proceedings of the International Conference "Topical Problems of Philology and Didactics: Interdisciplinary Approach in Humanities and Social Sciences" (TPHD 2018)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
April 2019
ISBN
978-94-6252-704-1
ISSN
2352-5398
DOI
10.2991/tphd-18.2019.58How to use a DOI?
Copyright
© 2019, the Authors. Published by Atlantis Press.
Open Access
This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

Cite this article

TY  - CONF
AU  - M. Yu. Karelina
AU  - E.A. Karelina
AU  - V.V. Moiseev
AU  - K.V. Zhigaeva
AU  - С.Е. Zaslavsky
PY  - 2019/04
DA  - 2019/04
TI  - To Question of Economic Success of China
BT  - Proceedings of the International Conference "Topical Problems of Philology and Didactics: Interdisciplinary Approach in Humanities and Social Sciences" (TPHD 2018)
PB  - Atlantis Press
SP  - 302
EP  - 307
SN  - 2352-5398
UR  - https://doi.org/10.2991/tphd-18.2019.58
DO  - 10.2991/tphd-18.2019.58
ID  - Karelina2019/04
ER  -