What is Inclusive Growth?

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http://siteresources.worldbank.org/INTDEBTDEPT/Resources/468980-1218567884549/WhatIsInclusiveGrowth20081230.pdf


"At this year's meeting, the term 'inclusive growth' may be included in the plan as the country's new method of addressing social unfairness during economic transformation," Liu said.

Inclusive growth is a concept created and promoted by economists from the Asian Development Bank in 2007. It was recently used in a speech by President Hu Jintao, which has triggered speculation that Chinese policymakers are refining their perspectives on developmental issues.

According to Hu's speech, inclusive growth means to spread the benefits of economic globalization and development among all countries, regions and people, in order to realize balanced economic and social progress through sustainable development.

"Inclusive growth is a new idea that will help China tackle emerging challenges, which is crucial to the future direction of the country's development," said Zuo Xiaolei, chief economist at China Galaxy Securities.


http://www.chinadaily.com.cn/china/2010-10/15/content_11412513.htm