Development of the Chinese economy in the beginning of 21st century

This paper is focused on economic development of the People's Republic of China during the last decade. The aim of this paper is to analyse the economic transformation and identify key factors holding back the economic growth. In the theoretical part of this paper there will be a short introduction of China. Some Chinese social and economic specifics will also be explained. The end of this chapter will be focused on historical economic reforms and current goals for the economy. Next chapter will be focused on analysis of the economy in the last decade using the official available data. In the conclusion of this paper there will be presented findings and key factors holding back the economic growth of China