Figure 9: China's sources of economic growth
Average annual % growth by source
0%2%4%6%8% 3%1%1%1%0%1% 2%1%0%0%1% 1%0%0%0%1% 1%0%0%0%1%Pre-COVID trend2020s2030s2040s
  • Business capital
  • Public capital
  • Housing
  • Education
  • Labour growth
  • Productivity growth
  • Overall
Source: authors’ projections, using baseline growth accounting model (see appendix)