Summary | Due to shrinking growth and changing demographics,
China must swap its traditional growth model -- with its heavy
reliance on exports and investment in real estate and factories
-- for a new one based on consumer spending and innovation.
China must swap its traditional growth model -- with its heavy
reliance on exports and investment in real estate and factories
-- for a new one based on consumer spending and innovation.
chinadaily.com.cn | 29 July 2015