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Understanding the Pattern of Growth and Equity in the People’s Republic of China
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Understanding the Pattern 
of Growth and Equity in the 
People’s Republic of China 
Minquan Liu 
No. 331 
December 2011 
Asian Development Bank Institute 
Minquan Liu is a senior research fellow at the Asian Development Bank Institute (ADBI), 
Tokyo. 
The author would like to thank Min Yu, Narayan Poudel, Yue Wang, Xin Wu, Zhihai Xie, 
Yuming Cui, and Chiho Hasegawa for assistance with the tables and figures, and Shi Li 
for sharing with him his most recent work in progress. An ear...
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