China and the Knowledge Economy : Challenges and Opportunities
The rapid pace of economic growth in
China has been unprecedented since the start of economic
reforms in late 1970s. It has delivered higher incomes and
made the largest single contribution to global poverty
reduction. Measured by international poverty lines, from
1978-2004, the absolute poor population in rural areas has
dropped from 250 million to 26.1 million. Such gains are
impressive and have been driven largely by a set of