Breakthroughs in Innovation and Reform: Forecast of China’s Economy 2017
Author： Source： Date：2017-01-17
Turbulences in China’s stock market in the beginning of the year, following by Brexit and the contentious U.S. presidential election, has cast shadow and uncertainty on the international community in 2016. Although China’s economy has shifted from slowdown to a relatively stable stage, the uncertainty of global economy will continue to pose challenges. China is still a laggard in technological and institutional competency while developing countries such as India and Vietnam are outpacing China with lower production costs. Professor Zhou answered the question of how China can break out from such dilemma and where the opportunities lie.
