ABSTRACT
China began to enter the economic takeoff stage around 1980 and has since maintained high economic growth for a good generation of people. The economic growth rate reached as high as 9.1 percent in 2003. Is China’s economy overheated? Are China’s investments overheated? There are two diametrically opposed views that have aroused extensive concerns and disputes at home and abroad. So we need to concentrate on the following problems: Can China sustain its high growth in the future? Can China realize high-quality and high-efficiency high growth? What are the sources of China’s economic growth? What determines and affects China’s economic growth? How will its economic growth pattern change? How should China transit from low-quality high-growth to highquality high-growth?
