Key Factors of China’s Economic Emergence

Abstract

Our study inquires about the role of China's structural policies in promoting its economic growth by focusing on analysis economic variables affecting on China's economy and the advancement of its sectors. So, we conducted an empirical study that follows the Ordinary Least Square Method (OLS) as an analytical method between determined variable by using multi regression equation. So, we can test the hypotheses of the study, which have a positive effect on the specific economic variables in addition to its impact on GDP during the period. Our sample consists of one country “China” and a period extended from 2000 to 2017. We concluded that the structural policies and the reforms adopted in agriculture, industry, trade and financial sector were favorable to China’s economy and made of it an economic power in terms of real economy as proved favorable by the annual growth of its GDP.

DOI: 10.5901/mjss.2017.v8n3p251