Focusing on these developing problems and growing troubles, this book mainly discusses economic growth issues related to demographic transition, as well as livelihood issues derived from them and closely related to policy logic. It aims to make theoretical analysis and provide necessary international experience and lessons and put forward targeted policy advice. This book proposes a three-pronged pattern of competition policy, industrial policy, and social policy to achieve productivity improvement and innovation momentum; gives full play to China's super-large market advantages, attractiveness and negotiating position; and promotes each other through domestic and international dual cycles to achieve a higher level of development.

Cai Fang is a former vice president of the Chinese Academy of Social Sciences, a secretary-general of the presidium of the Chinese Academy of Social Sciences, the member of the department, a chief expert of the national think tank of the Chinese Academy of Social Sciences, and the member of the Monetary Policy Committee of the People's Bank of China. The main research areas include labor economics, population economics, economic growth, income distribution, China's economic reform, etc. His main works include "The World Significance of China's Economic Development", "Beyond the Demographic Dividend", " Perceiving Truth and Ceasing Doubts", "The Belt and Road" Handbook (editor-in-chief), and China Wisdom (an editor-in-chief).

From the Middle-Income Trap to the Threshold Effect.- How Does China Avoid "Secular Stagnation?.- Establishing a New Development Paradigm by Strengthening Comparative Advantage.- Dynamic Balance of Regional Economic Growth.- Productivity, New Growth Drivers and the Manufacturing Industry.- Tales of Cities: Fundamentals of Urban Development.- Human-Centered Macroeconomic Policies.- Innovation and Protection: Why We Should Prioritize Income Redistribution.- Moving Upward: Quality-oriented Development and Social Mobility.- Unlocking the Second Demographic Dividend.