The slower expansion of domestic demand has put pressure on economic growth as the Chinese economy enters a new normal stage. Since the industrial structure can only be effectively upgraded through appropriately expan...The slower expansion of domestic demand has put pressure on economic growth as the Chinese economy enters a new normal stage. Since the industrial structure can only be effectively upgraded through appropriately expanding aggregate demand, three relationships must be balanced:展开更多
The development of the manufacturing industry has played a key role in China's economic growth.In 2018,the value added of manufacturing reached 26.5 trillion yuan($3.8 trillion),contributing 29.4 percent of the GDP.
文摘The slower expansion of domestic demand has put pressure on economic growth as the Chinese economy enters a new normal stage. Since the industrial structure can only be effectively upgraded through appropriately expanding aggregate demand, three relationships must be balanced:
文摘The development of the manufacturing industry has played a key role in China's economic growth.In 2018,the value added of manufacturing reached 26.5 trillion yuan($3.8 trillion),contributing 29.4 percent of the GDP.
