ABSTRACT

The following year, 2010, is a key year in which China will continuously deal with the international financial crisis, maintain steady and rapid economic growth and accelerate the transformation of the economic growth pattern. This chapter analyzes three issues: First, the transitional course from the tenth economic cycle to a new economic cycle, namely the commencement of a new economic cycle. After 1953, China started massive economic construction and entered the period of industrialization, thus starting to step into a stage of economic periodic fluctuation. Second, the features of the tenth economic cycle that just reached an end in 2009 and constituted a starting point for a new cycle. Third, the continuous efforts to extend the rising stage of the new economic cycle and maintain steady and rapid development of the national economy in the long term. The appropriate economic growth range of 8–10 percent needs a series of supporting factors in the new economic cycle.