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The paper raises the issue of Chinese economic security understood as a long-term ability of the economy to achieve a relatively fast and sustainable economic growth. Due to the economic reforms initiated in the late 1970s, China has been developing rapidly and has been quickly bridging the development gap separating it from highly developed economies. However, nowadays we are witnessing an economic slowdown, because the current engines of growth are slowly losing their power to drive the Chinese economy. China needs new growth impulses to maintain stable economic growth and avoid the middle income trap. The aim of the research is to identify the most significant internal and external factors affecting the economic security of China. In this paper, the author defines the concept of economic security and with the help of SWOT analysis presents the strengths and weaknesses of China's economy, opportunities and possible threats to its stability. [ABSTRACT FROM AUTHOR]

Middle income trap is a phenomenon that occurs at the time of entry of the economy in the cycle of overheating, which in turn leads to economic stagnation or even recession in developing countries. This phenomenon is most common among the developing countries aspiring to catch up with developed countries in economic development. The purpose of this article is to analyze the degree of risk of the Polish economy of middle income trap. Furthermore, in the article it has been indicated action of the economic authorities in Poland, which are unavoidable in order not to fall into middle income trap. To achieve this objective the following research methods were used: a review of the scientific literature and methods of statistical presentation of economic phenomena. The paper identified a number of factors which pose a real threat of falling into the middle income trap in Poland. The originality of this study lies in noticing and highlighting the significance of the middle income trap problem for the Polish economy. [ABSTRACT FROM AUTHOR]