关键词: 人口规模巨大的现代化, 中国, 印度, 经济增长

Abstract: In the context of the modernization within China's vast population, this paper compares the conditions of populations as they relate to economic growth in both China and India. These two nations are developing countries notable for their huge populations. The results show that the current development level in India is equivalent to that of China in the late 1990s. When compared from a similar start economic level, India has not yet demonstrated a higher or longer demographic dividend than China. Due to a significantly lower labor force participation rate in the working-age population, the size of the Indian labor force will not surpass that of China in the first half of the 21st century, enabling China to maintain its position as having the world's largest labor force. China has huge advantages in terms of human capital stock and the population urbanization. After entering the phase of “double second” in population and economic size, China, in particular, needs to transform its huge advantages in human capital into labor productivity and increased labor participation.

Keywords: The Modernization of a Huge Population, China, India, Economic Growth