| | PROBLEMS OF MODERN ECONOMICS, N 1 (73), 2020 | | SOCIO-ECONOMIC DEVELOPMENT IN FOREIGN COUNTRIES | | Selishchev A. S. PhD (Economics), Professor Selishchev N. A. Senior correspondent, ITAR-TASS News Agency in the People’s Republic of China (Beijing), PhD (Economics)
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| The article discusses socio-economic development of the People’s Republic of China during the 12th Five-year plan (2011–2015), or the third five-year period of “the stage of improving contemporary Chinese economy” that started in 2003. The country if facing ever new economic problems that require creative interpretation and effective solution. | Key words: 12th Five-year plan in the People’s Republic of China, «Chinese dream», «new normalcy» in the People’s Republic of China, «trap of the middle income», formation of the middle class in the People’s Republic of China, economic competition between the USA and the People’s Republic of China | Pages: 134 - 138 |
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