IndexChapter One 3Summary 31.0 Current Economic Situation of China 31.1 Current Politics 31.1.1 One Child Policy 31.1.2 Urbanization 41.3 Exports 5Chapter Two 6Process Analysis for China in Transition 62.0 The analysis of China Current Economic Situation 62.1 Urbanization 7Source of Money 8Real Estate Price 8Household Registration System 92.2 Exports 92.3 Human Capital Analysis 10Future Discussion 11References 12Chapter OneSummary1.0 Current Economic Situation of China As one of the largest countries, China can attract many attention from Western countries and the most important Asian ones. The rapid development of China's economy can be seen from the GDP growth. However, GDP growth is quite fluctuating, China's economy was unstable, as can be observed in some periods such as cultural revolutions and economic overheating in 1993. Furthermore, there are ten golden years for China to enjoy the prosperity of economic development. since China entered the WTO. As a result, China has averaged 9% GDP growth over the past decade. The benefits of economic growth, i.e. the development of small and medium enterprises (SMEs) and manufacturing industry, can be seen from the opening-up policy during Deng`s period. It is the backbone of the sustainable growth of China's economy. With the development of the manufacturing industry, it offers the opportunity to increase competitive advantages over developed countries such as the United States and Japan. On the other hand, there are many scholars interested in knowing the future development of China's economy. Is it possible to have continued growth over the next decade? There are several imports...... middle of paper...... ecological agriculture, circular industry and service industry References Fang Zhida, Sheng Chengmao and Yu Xiaohong, (2002) "The progress of urbanization in China and your real estate investments", Property Management, vol. 20 Iss: 2, pp.Chris Leung (2013) “China in transition” DBSLin, Y. (2005), On the Approach of Economics, Peking University Press, BeijingChen, A. (2006), “Urbanization in China and the case of Fujian Province”, Modern China, vol. 32 No. 1, pp. 99-130. Cheng, T. J. and Selden, M. (1994), “The origins and social consequences of China's hukou system”, The China Quarterly, No. 139, pp. 644-68Zhang, November 18