2017 CHINA MARKET OVERVIEW – ECONOMY
English
Economically, although China has become the world's second-largest economy, its GDP growth rate further declined in 2016, and the overall economic situation in China will not be optimistic.
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2017 CHINA MARKET OVERVIEW – ECONOMY
Summary
In terms of industrial structure, the proportion of service industries continued to increase, and some products with high value-added and high-tech content also increased rapidly. In the next few years, supply-side structural reforms, especially cutting overcapacity, reducing excess inventory, deleveraging, lowering costs, and strengthening areas of weakness are still important measures for China's structural optimization.
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