While Chinese economic development is often at the forefront of conversations by scholars shaping economic policy, further investigation into the state of China’s economy has left a gap in research. Through analyzing the 13th Five Year Plan (FYP) and looking specifically at the effect it will have on unemployment, international trade, overcapacity rates, and the Belt and Road Initiative, the goal of this research is to understand if China will be able to obtain sustained economic growth. In order to achieve this, this research employs a qualitative discourse analysis, focusing on pre-existing works that discuss Chinese economic development. It will also conduct a case analysis of Chinese policies that target overcapacity, unemployment, and international trade. In utilizing a secondary data analysis methodology, this research will analyze the relevant policies presented in the 13th FYP and determine if it will solve the problems currently facing the Chinese economy. Ultimately, this research concludes China may be heading towards an economic recession should the government choose to have an overreliance on the Belt and Road Initiative and not heed the warning signs present within its economy.
Bachelor of Science (B.S.)
College of Sciences
Hill, Robert T., "Chinese Economic Development and its Global Implications" (2019). Honors Undergraduate Theses. 608.