Integration is key to economic future
China needs to build on what it has achieved, but it needs new thinking to do it
in some cases thousands, of dollars every year.
Today, however, the decades of positive development and the benefits they have delivered both for China and the global economy are being threatened by the forces of unilateralism and mounting trade protectionism.
So what policies should China pursue going forward?
President Xi Jinping has recently referred to China entering a “new era”. While this is correct, it doesn’t mean the policies should be reversed. Instead, China needs to build on what has gone before. It will also need to incorporate new initiatives. This will require a consistent strategy, implemented through hard work sustained over many years.