China’s economy is facing potential risks ranging from a growing wealth gap to an aging population.
A national report prepared under the guidance of Premier Wen Jiabao acknowledged that key challenges also include dependence on oil imports and financial instability.
“These aspects interact with each other and pose a great threat to the growth of China’s productivity if any of them goes wrong,” according to Dai Guoqiang, Dean of the Financial School at the Shanghai University of Finance and Economics.
This national report on the status quo of China’s productivity is the latest in a series of government documents recognizing potential risks to China’s economic growth.
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