Industrialization is the most important Phase for each country in its economy development so far. The major character of Industrialization is the rise of intermediate input rate and intermediate demand rate, which mea...Industrialization is the most important Phase for each country in its economy development so far. The major character of Industrialization is the rise of intermediate input rate and intermediate demand rate, which means the expansion of the ‘intermediate output’ scale. By comparing the trend of consuming coefficient of China industries with that of Japan, this article makes the following points: before its achievement of industrialization, both the intermediate input rate and intermediate demand rate of China will keep increasing for a long time. Hence it’s possible for China to keep a relatively high growth rate of 7～8 percent in the next one or two decades.展开更多
文摘Industrialization is the most important Phase for each country in its economy development so far. The major character of Industrialization is the rise of intermediate input rate and intermediate demand rate, which means the expansion of the ‘intermediate output’ scale. By comparing the trend of consuming coefficient of China industries with that of Japan, this article makes the following points: before its achievement of industrialization, both the intermediate input rate and intermediate demand rate of China will keep increasing for a long time. Hence it’s possible for China to keep a relatively high growth rate of 7～8 percent in the next one or two decades.
