huangquhui,a huang yanghua,b he jun,C et al.

a, B and C Institute of Industrial Economics, Chinese Academy of Social Sciences

　　bet365 best casino games ​​WHEN The High-International East Asian Economies Entected the Upper-Midder Income Stage, Their Long-Term Growth Was Sustaind by their Real ManuFacturing Output Share and Total Factor Productivity (TFP). AT is highly consistent with classical development economics, Which Sees Manufacturn as the Engine of Economic Growth. When China Became A Middle-Income Country, Its Share of Real Manufacturing Output and TFP Both Fell Over The Same Period, Exhibiting A Theoretical and Empirical TONDENCY TOWARD "Premature DEINDINDRIATION" that Increases The Risk of Being Caught in the Middle T T T rap. Accelerating China ’s Development as a manUfacturing Power, Advancing High-Tech ManuoFacturing and Improving the Quality and Efficience of TraDitationAl Industrial Options for the Country Industrial Development Strategy.

Keywords: MIDDLE-Income Trap, Premature DEINDISSTRIZATION, Productivity, East Asian Experience