Role of Institutions in Economic Development of China

Guangkuo Fan, Assoc. Prof. Dr. Siti Rohaida Mohamed Zainal


The study has depicted the role of institutions in the economic development of China, and this leads to the elements of development in organizations. Moreover, there are various educational institutions in China that are mainly focused on the main keys to economic development. Apart from this, several top-class universities such as: Tsinghua University, Peking University and Nanjing University are providing the best education for better development of the economic systems.  This study has also depicted the graphical representation of the role of institutional development from 2018 to 2022 within the Fiscal year. Various instructions have inspired economic development in China. Moreover, the researcher has stated the proper hypothesis for better and scientific measurement of the study.

The literature review chapter has described various themes for aligning the topic along with Two-wheel drive, Keynesian economics theory and Marxian theory for better understanding of the study. Theoretical underpinning is also be understood with development of conceptual framework after the entire description. The methodology chapter has been described with proper elements such as positivism philosophy, deductive research approach, descriptive research design and also mixed, method of research method. This chapter has given the advantage to determine the main survey method, which is simple random sampling, within which the entire data collection has been done. On the other hand, secondary qualitative data has been collected from the authentic articles. Moreover, the recommendation has depicted a clear idea of a better educational system for economic development in China.

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