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When the Chinese Government announced the massive 4-trillion-yuan($586 billion)stimulus package,it meant not only to spur economic increase,but also to modify economic growth patterns and upgrade the national economic structure,in an effort to ensure the healthier,faster and better growth of the economy. To date,those measures have taken effect as reflected in restored investor confidence and active investment and consumption.However,a higher growth rate is not enough. Beijing Review publishes a series of articles in this issue to analyse the current problems and present an outlook on the economy.
When the Chinese Government announced the massive 4-trillion-yuan ($ 586 billion) stimulus package, it should not only to spur economic increase, but also to modify economic growth patterns and upgrade the national economic structure, in an effort to ensure the healthier, faster and better growth of the economy. To date, those measures have taken effect as reflected in restored investor confidence and active investment and consumption. However, a higher growth rate is not enough. Beijing Review publishes a series of articles in this issue to analyze the current problems and present an outlook on the economy.