The Underlying Factors of Economic Growth in China in the 1990s

East Asian countries recorded rapid and sustained economic growth in the 1990s. Between 1965 and 1990, the 23 economies of East Asia grew faster than the other economies of all other regions. The majority of this success is due to the apparent miraculous growth of only eight Asian superior economic zones (HPAE). Among these outstanding Asian economies, China is the second largest economic power in the world, following the United States since 2010. This is the fastest growing economy in the world and has maintained steady growth rate of about 10% in the past 30 years.

In the past 30 years since 1978, the rapid growth of the Chinese economy was incredible. Foreign direct investment (FDI) is increasingly important, in addition to many factors that influence China's economic growth, but it has a positive impact on its economic growth. Because of its large labor supply and low labor costs, a stable political and economic environment, and the FDI policy, which is said to be the largest in developing countries, China is faced with the most attractive aim of the world's foreign direct investment It is one of the earth. Country receiving foreign direct investment. The objective of this research is to investigate and evaluate China's economic growth in foreign direct investment between 1980 and 2008, taking into account the ripple effect of foreign direct investment. Previous studies on this study have shown that there is a positive correlation between the two, but I believe that it is still necessary to modify the model in order to obtain convincing results.

Summary: Significant growth in China's economy is accompanied by rapid growth of income disparity. This paper reviews the historical trends and patterns of income inequality in China, explores the root cause of the increase in income gap and uses the functional allocation of income methods to understand China 's income disparity. This analysis emphasizes whether an increase in the return on capital will be an important reason for expanding the income gap compared to China's wage income. The evidence presented in this paper suggests that the rapid growth of China's economy has always depended on various models of high profitability on capital such as financial capital and real estate, while capital holding is very inequality Respectively. This discovery encouraged us to rethink the reasons for income disparities in China and to develop appropriate policies based on new ways to understand imminent problems of China's income distribution.

Over the past 30 years, China has experienced rapid economic growth over a period of time. This produced extraordinary records in the history of the world economy. However, the sustainability of China's economic growth has been suspected for a long time by all political parties. According to Garnaut (2005), the high savings rate and investment rate, the strong national system, and population structure are the three elements that support China's economic growth. With the existence of an effective and powerful domestic system in China, stable market exchange conditions are the key to maintaining economic growth. In addition, the high investment level in China is supported by the high national savings rate. This is the most basic source of investment funds. Favorable changes in the population composition of China also increases the proportion of skilled workforce to the population.