The Relationship Between Transportation and Economic Development: The Yangtze Region
Abstract
The rapid economic growth of China since the beginning of the economic reforms in 1978 has received much attention from economists and policy-makers throughout the industrialized world. China has experienced rapid economic growth since the beginning of the economic reforms in 1978. In terms of economic size, China is surpassed today only by the U.S., Japan, Germany, and France. Despite the global economic crisis of 2008, the Chinese economy managed 8.7% growth in GDP in 2009, and much of this growth in GDP can be attributed to the stimulus package passed by the Chinese government.
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