Analysis of China’s Investment-Driven Economic Growth Model and Its Transformation

A Perspective of Labor Factors

DOI

10.2991/978-94-6463-916-2_22How to use a DOI?

Keywords

China’s economic growth model; labor force; demographic dividend; human capital

Abstract

Since the reform and opening up, China has long relied on high investment (such as infrastructure, real estate and manufacturing) to drive economic growth, forming a typical “investment-driven” development model. As a core component of the factors of production, labor has played an important role in investment-driven growth. This paper starts from the perspective of labor factors, reviews and analyzes the past literature through a timeline, and combines the two major models of Lewis and Lucas to analyze the characteristics of China’s economic growth. Taking Shenzhen as an example, it analyzes the mechanism of action, evolution characteristics and challenges faced by China’s economic growth model. On this basis, policy suggestions are put forward.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Yiwen Kang
PY  - 2025
DA  - 2025/12/22
TI  - Analysis of China’s Investment-Driven Economic Growth Model and Its Transformation
BT  - Proceedings of the 2025 4th International Conference on Public Service, Economic Management and Sustainable Development (PESD 2025)
PB  - Atlantis Press
SP  - 180
EP  - 189
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-916-2_22
DO  - 10.2991/978-94-6463-916-2_22
ID  - Kang2025
ER  -