The conception, character and testingmethod of the model ofEBA (the extreme bounds
analysis) were summarized systematically, and the problems existing in its applicationswere analyzed.
A demonstration analysis of the relationship between the economic growth and marketization level of
Chinawas carried outby using themodelofEBA. The resultshows that the levelofmarketizationwill
benefit the economic growth in China butdoes not immediately produce a greateffecton the economic
growth.