ABSTRACT
This chapter infers one economic growth accounting framework that can be segmented at industrial level. The economic factors, natural factors, and regulation policy factor are three core ones that constitute foreign investment environment. The basic industries and infrastructure mainly include the industries of agriculture, forestry, husbandry and fishery, raw material, transportation, post service and telecommunication, water conservancy management, energy industry, and urban public service. The viewpoint “structural slowdown” seems to fit in for China’s realistic situations, as the proportion of the value added and the employment of China’s tertiary industry has been on a rise since reform and opening-up. The research literature about the slowdown in China’s economic growth can be categorized into two kinds. One is to study the reasons for decelerated economic growth through economic growth accounting methods, and the other is to discuss whether the decelerated economic growth is structural with quantitative methods.
