Article originally published in Chinese for senior policy officials in Dalian High-Tech Zone trade journal in Dalian, China.
In only three decades, China has become the second largest economy in the world. Averaging 10% growth each year, China’s economy has become more market-oriented with a rapidly growing private sector.
To sustain that growth, China needs to move from its capital-intensive infrastructure investment to a service-based consumption model.
At the same time....