Among the various theories explaining China's economic rise,the framework of economic development strategy helps highlight both the similarities and differences between China's policy implementation during its economic development and the early experiences of East Asian economies.This paper,within the development strategy framework,points out that China simultaneously implemented two distinct development policies in the early stages of reform and opening up,and emphasizes the relative importance of the transformation strategy targeting import-substitution industries.This paper argues that China's economic success lies in the seamless convergence of these two strategies at the right moment,which effectively facilitated the overall economic transformation and sustained growth.
万方数据
维普
