Dangers in economic growth model – Shanghai Daily

From The China Economic Net:

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.

Categories :

Tags :

Open popup

Welcome back!

CDT is a non-profit media site, and we need your support. Your contribution will help us provide more translations, breaking news, and other content you love.