Keynesian Economics and China's GDP Written by Xiang Lin1. IntroductionKeynes published and presented his economic theory in 1936, during the Great Depression, and provided advice to the government in formulating monetary and fiscal policies. His model was widely recognized during times of recession, when the classical economic model failed to effectively and productively solve certain economic problems such as unemployment. Although the Chinese economy is considered to have "Chinese characteristics" and cannot hastily adopt a Western model, Keynesian economics still seems to be adopted in China, as intervention government is broader and deeper than most other economies of its size. Therefore, the main question addressed by this essay is the influence of Keynesianism on the Chinese economy, reflected by GDP. This work will discuss Keynesian economics and its effects on the Chinese economy in the following order. First, a brief history of the Keynesian economic model is presented. The main objective of the general theory and the difference from classical models are explained next in the same main section. Next comes the application, modification and opposition of the theory. The second major section mainly deals with Keynesian effects on the Chinese economy. First of all, it is worth noting the economic history of the country and the introduction of Keynesism. This article then discusses the influence of his politics and his policy of openness, as well as the relationship with Keynesian economics. The recent financial crisis as a particular incident and the Chinese government's response to it are then discussed, including evidence of Keynesian practice in China, particularly the four trillion stimulus package. A critical assessment......middle of article......s/news?pid=newsarchive&sid=aIpq7IF4BM9QLucas, RE, & Sargent, T. (1981). After Keynesian macroeconomics. Rational Expectationsa and Econometric Practice, 1, 295-319.Palley, TI (2006). External contradictions of the Chinese development model: growth driven by exports and the dangers of global economic contraction. Journal of Contemporary China, 15(46), 69-88. Ross, J. (February 5, 2012). Deng Xiaoping and John Maynard Keynes. Retrieved April 26, 2014 from Key Trends in Globalization: http://ablog.typepad.com/keytrendsinglobalisation/2012/02/deng-xiaoping-and-john-maynard-keynes-1.htmlTrescott, P.B. (1996). How Kenesian economics arrived in China. Method and history of economic thought, according to EconWPA.Zhou, S., Shi, M., Li, N. and Yuan, Y. (2011). Effects of the Chinese economic recovery plan on economic growth in post-crisis China. Research in international economics, 2011.