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This lecture delves into the economic challenges faced by China in achieving sustainable development. It explores the sources of growth, the reform process, and the transition from a planned to a market economy. The instructor discusses the impact of reforms on various sectors, the role of special economic zones, and the critical 'southern tour' moment. The lecture also analyzes the sustainability of the Chinese development model, addressing issues such as financial resources, technological evolution, and demographic changes. Emphasis is placed on the need for equity, the end of double-digit growth, and the internal and external factors influencing China's economic trajectory.