China’s economy in the future till 2030
China’s economy in the future till 2030
Author(s): Marcin JałowieckiSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: Asia; growth factors; global financial centers; GDP; global capital market; consumer market
Summary/Abstract: The macroeconomic perspective for China is that the country will maintain growth momentum by transitioning from an investment-led economy into a consumption-driven and service-driven economy by 2030. As China’s economy makes this transition and continues to expand, the consensus of GDP projections that have been compiled suggests that the economy’s growth rate will be, however, slower than in the last decade but could grow faster than announced targets. In this paper the author provides insights for Chinese and international business leaders into how the profile of China’s economy is likely to change on this evolutionary path, which are key drivers of growth.
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2014
- Issue No: 370
- Page Range: 253-266
- Page Count: 14
