China's Economic Growth Empirical Analysis Of Factors

Economic growth is the basis of existence and development of human society and the enduring major issue of the economic and management theories. Economists have been exploring the basic causes of economic prosperity and recession, so different schools of economic theory have been formed. Based on the previous achievement of the study economic growth, the paper analyses the main factors impacting on economic growth by means of classification, and does the empirical analysis on the basis of historical data of the economic development in China.Drawing the method of econometric analysis, comparative dynamic analysis, empirical and functinal analysis, this artical analyzed the correlationship between the causationship and economic growth of China, and tested the causationship and cointegrationship between them.The article uses the nature of the research technique as well as the literature law which unifies with the quota, profites from the predecessor who research the economical growth and the economical growth pattern, analyzes the massive materials and the statistical data, and draws the corresponding conclusion.These variable facters greatly contribute to economic growth of China and they are the main reason for economic growth. The time series of variable facters and GDP of China are both non-stationary series. There is causationship between them. These variable facters can promote economic growth in the long run. So we should increase these variable facters investment and raise causationship store, coordinate proportion of causationship and material capital, improve utility rate of resources, change way of economic growth and promote sustained economic growth.