China 2030 pp 19-41 | Cite as

A World of Common Prosperity

  • Angang Hu
  • Yilong Yan
  • Xing Wei


Since the reform and opening up of China more than 30 years ago, the country has been actively involved in the world economy. China has become the biggest beneficiary of economic globalization and has rapidly grown to become the second largest trader (climbing from its original position of 29th place). China will soon overtake the United States to become the world’s No. 1 importer and exporter and the bellwether of economic integration and trade liberalization, playing a significant role in the global economic system.


Foreign Direct Investment Human Development Index Trade Liberalization International Energy Agency Economic Aggregate 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.


  1. Barro RJ, Jong-Wha Lee (2010) A new data set of educational attainment in the world, 1950–2010, NBER working paper No. 15902. NBER, CambridgeGoogle Scholar
  2. Deng Xiaoping (1993a) Establishing a new international order according to the five principles of peaceful co-existence. In: Selected works of Deng Xiaoping. People’s Publishing House, Beijing, p 282Google Scholar
  3. Deng Xiaoping (1993b) Two basic points for our principles and policies. In: Selected works of Deng Xiaoping, vol 3. Beijing People’s Publishing House, Beijing, p 250, July 4, 1987Google Scholar
  4. Fogel R (2007) Capitalism and democracy in 2040: forecasts and speculations, NBER working paper no. 13184. NBER, CambridgeGoogle Scholar
  5. Fogel R (2008) The impact of the Asian miracle on the theory of economic growth, Working paper, ChicagoGoogle Scholar
  6. International Energy Agency (2011a) World energy outlook 2009. International Energy Agency, Paris, p 185Google Scholar
  7. International Energy Agency (2011b) World energy outlook 2009. International Energy Agency, Paris, p 172Google Scholar
  8. Jiang Zemin (2002) Building a well-off society and break new ground in creating a new situation for the cause of socialism with Chinese characteristicsreport to the 16th National Party Congress, Beijing, 8 Nov 2002Google Scholar
  9. Maddison A (1995) Monitoring the world economy 1820–1992. OECD Development Center, ParisGoogle Scholar
  10. Maddison A (2001) The world economy: a millennial perspective. OECD Development Centre, ParisGoogle Scholar
  11. Maddison A (2003) Millennium history of the world economy. Beijing University Press, Beijing, pp 115–116, NovemberGoogle Scholar
  12. Maddison A (2008) Long-term performance of the Chinese economy: 1960–2030. Shanghai People’s Publishing House, Shanghai, p 106, MarchGoogle Scholar
  13. McKinsey Global Institute (2011) Urban world: mapping the economic power of cities (McKinsey Global Institute report). McKinsey Global Institute, New York, p 5Google Scholar
  14. Meri T (2009) China Passes the EU in High-tech Exports, EuroStat Statistics in Focus, No. 25/2009Google Scholar
  15. National Intelligence Council (2008) Global trends 2025: a transformed world. National Intelligence Council, Washington, DC, p 25Google Scholar
  16. Rosen DH, Hanemann T (2011) An American open door? Maximizing the Benefits of Chinese Foreign Direct Investment. Center on U.S.-China Relations Asia Society and Kissinger Institute on China and the United States, Woodrow Wilson International Center for Scholars Special report, May 2011Google Scholar
  17. The World Bank (2006) World development report 2006: equity and development, Chinese edition. Tsinghua University Press, Beijing, pp 62–63Google Scholar
  18. UN (2011) Millennium development goal report 2011. United Nations, New York, pp 6–7, July 7Google Scholar
  19. UNCTAD (2010) World investment report 2010: investing in a low-carbon economy. United Nations, Geneva, p 7Google Scholar
  20. Zhang Ping (ed) (Apr 2011) Guide to the reader of the 12th five-year program for economic and social development of the people’s republic of China. People’s Publishing House, Beijing, p 38Google Scholar

Copyright information

© Springer-Verlag Berlin Heidelberg 2014

Authors and Affiliations

  • Angang Hu
    • 1
  • Yilong Yan
    • 2
  • Xing Wei
    • 3
  1. 1.Center for China Studies School of Public Policy and ManagementTsinghua UniversityBeijingChina
  2. 2.Institute of Education and Researcher Institute for Contemporary China StudiesTsinghua UniversityBeijingChina
  3. 3.School of Public Policy and ManagementTsinghua UniversityBeijingChina

Personalised recommendations