新循环经济学——中国的经济学（New cycle economics Chinese economics）.doc

新循环经济学——中国的经济学（New cycle economics Chinese economics） New cycle economics: Chinese economics If Chinese discovered a prehistoric monument, or Chinese invented a new dish, foreigners and not be surprised; but if Chinese established their own economics, but not foreigners, many people will ask: is it possible? First, can China establish its own economic school? Its entirely possible. The British Industrial Revolution at the end of the eighteenth Century led the English to the creation of classical western economics in the 1770s. At the end of the eighteenth Century, after the revolution, the French Industrial Revolution started, and the French created a new economic school in the early nineteenth Century. The unification of Germany in 1870s, the industrial revolution created a new school catch up from behind, the Germans own economy -- a new historical school in late nineteenth Century. In 1890s, the U.S. economy ranked first in the world. In the early twentieth Century, Americans created their own new economic school, the institutional school. At present, the world is in a new economic era after the industrial revolution - the high-tech industrialization era of developed countries, post industrialization and developing countries new industrialization. Since the end of the 1970s Chinese since reform and opening up, the annual growth rate of over 8%, Chinese total economic output doubled two times or more, has become one of the worlds top 5 economies, the worlds third largest exporter, GDP accounted for more than 4% of the worlds contribution to world economic growth of 17%. Since China has achieved remarkable economic miracles recognized by international economists, why cant the Chinese set up their own new economic schools? Two, analysis of Chinas economic achievements Why has China achieved such a huge economic success? The analysis and research of this reason and the summary of the differences found in the study with western economics is the basis for the establish