China Daily (USA) - - G20 2016 CHINA -

In China, the pri­mary chal­lenge we’re fac­ing are the rock­et­ing costs of la­bor, man­u­fac­tur­ing and so on. China is not a “low cost coun­try” any more. Our goal for the next few years is to in­crease work ef­fi­ciency through in­no­va­tions cov­er­ing prod­uct in­no­va­tion, busi­ness model in­no­va­tion, ser­vice in­no­va­tion among others and hence to ful­fill the busi­ness ob­ject of sus­tain­able growth.

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