Competitiveness: Catching the Next Wave - China
Over the past 30 years, no economic success story has captured the world’s imagination more convincingly than the stirring rejuvenation of China and its return as a central pivot of the world’s economy.
Relatively impoverished, isolated, and cut off from global innovation and technology a mere generation ago, China, with population of 1.3 billion, has dramatically re-emerged to become one of the world’s great manufacturing centers, a vibrant commercial marketplace, a vital source of global finance, and a central node in the global economy of the 21st century.
But China today also faces an inflection point, as the unique ingredients that propelled its rapid expansion and unprecedented development over the past 30 years cannot be expected to remain fixed in place for the next generation. This report outlines China’s potential in a number of key sectors, from commercial aviation to life sciences and Internet e-tailing.
Oxford Economics Research Team
Our economic impact and thought leadership teams produce original, evidence-based research made accessible to decision-makers and opinion leaders. Principals for this project included: