China's economy still have many engines for development - News Summed Up

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China's economy still have many engines for development


China's economy still have many engines for developmentChina's economy still has many engines for development, such as emerging industries and supply-side reform, experts say. Overcapacity is still one of the main challenges to economic development. The upgrading of industries and economic reforms are still key for the long-term development of economy, the report said. Gan said there are many sectors in China's economy that could be improved and realize long-term growth, such as the high-tech industries. Shirley Chen, managing director of the China International Capital Cooperation Ltd, said emerging industries will be the new engine for China's economic development.


Source: The China Post December 01, 2016 17:54 UTC



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