Special realities impeding China’s growth, report

From People’s Daily: “A blue paper on social situation by the Chinese Academy of Social Sciences tells seven special realities of the country impeding China’s development.

A report entitled ‘The Analysis and Forecast on the Social Situation of China” (2004-2005), released by the Chinese Academy of Social Sciences, points out that in 2004 China has entered into a turning point in its development with the per-capita gross domestic product (GDP) reaching between 1,000-3,000 US dollars. Due to some special factors including a large population and the influence of new globalization there appear some special realities in China that are different from the development experience gained by other countries and regions That China has entered into the critical period requires special attention from the decision makers.”

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