中国经济专题讲义-2004年春季一第三讲 第三讲 What are the morals ofthe discussion in last class? a. The results of lacking an indigenous industrial revolution in China (i The industrial structure Relatively speaking, China changed from the most ndustrialised nation to an agrarian nation by the end of 1gth century By the end of 19th century, China was still export textile, at early 20th century, China started to import textile (ii) The incomestructure 2000 years ago, Chinas level of economic performance was probably similar to that of the Roman Empire, and above European levels from around 500 to 1400 AD. But Chinese per capita income stagnated from 1400 to 1950 whilst the West forged ahead(Madison 1995, p 53). In 1820, China's per capita gDP in 1990 International Dollars was 523, UK 1756, US 1287. The gap was widening, in 1950, China 614, UK 6,847, US 9, 573(Madison 1995, table -3,pp.23-4)中国经济专题讲义－2004 年春季－第三讲 1 第三讲 What are the morals of the discussion in last class? a. The results of lacking an indigenous industrial revolution in China. (i) The industrial structure Relatively speaking, China changed from the most industrialised nation to an agrarian nation by the end of 19th century. By the end of 19th century, China was still export textile, at early 20th century, China started to import textile. (ii) The income structure 2000 years ago, China’s level of economic performance was probably similar to that of the Roman Empire, and above European levels from around 500 to 1400 AD. But Chinese per capita income stagnated from 1400 to 1950 whilst the West forged ahead (Madison 1995, p. 53). In 1820, China’s per capita GDP in 1990 International Dollars was 523, UK 1756, US 1287. The gap was widening, in 1950, China 614, UK 6,847, US 9,573 (Madison 1995, table 1-3, pp. 23-4)