Abstract

While verging on becoming an economic superpower, China's economic growth has nevertheless slowed down in recent years and somewhat persistently. This article examines the long-run factors that underlie the strategic changes. It first reviews China's outward-oriented development strategy as concretised in the export-led model in the 1990s, and then turns to China's shift from the eastward-oriented to the westward-oriented development strategy by looking at a question: Where to tap domestic growth sources, still in East China or in Middle and West China instead?

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