China S Economic Supertrends

The Beijing Olympics in 2008 marks the beginning of an era of new business opportunities in China for 1.3 billion Chinese and the rest of the world. For investors, marketers, and businesspeople who want to understand the new drivers and business chances of the Chinese economy, Supertrends of Future China is the definitive guidebook. The authors OCo two experts with decades of experience in Asia and both corporate and entrepreneurial track records OCo introduce readers to China''s ten supertrends: Value-adding and Innovating, Urbanizing and Servicing, Consuming and Aspiring, Inter-networking and e-Commercializing, Affluencing and Greening. These supertrends form the foundations of the best opportunities in the manufacturing, service, lifestyle, e-Commerce, telecommunications, finance, and environment industries during China''s Olympic Decade.This complete book of new China opportunities presents the latest information and analysis from a positive and objective angle, focusing on the potential for business success rather than finger-pointing and fear-mongering. Written by businesspeople for businesspeople, it is an essential book for anybody doing business, investing, or working in China. It will also appeal to general readers interested in China''s social, economic, and environmental development.

This deeply researched account of the future of China's economy describes China's top macroeconomic trends and how you can profit from them. These trends affect everyone, inside and outside of China. Between now and 2018, many new opportunities exist for businesspeople, investors and individuals who want to take advantage of China's economic transformation. Researcher and China expert Jason Inch shows you how to understand China's economic development from a new perspective so that you can position your business, portfolio or career for the maximum return. The author's insights into China's economy, its people and its political leaders have been gained through over eight years of on-the-ground experience working in China and two decades of research. Based on discussions with CEOs, professors, politicians and entrepreneurs, this book explains why some have succeeded in China and others have not and helps you to become one of the success stories. The key to understanding the next phase of China's economic growth until 2018 is found within China's three growth engines, the three turbochargers, its roadmap and the four economic supertrends. For decades, the Chinese central government relied on exports and foreign investment to develop the Chinese economy. Now it is time for the Chinese consumer to be a new growth engine of the Chinese economy. The other growth engines are still important, and all will be powered forward by the turbochargers, three forces that explain why China will succeed in shaping its domestic and the global economy faster than any thought possible. A full chapter on China's roadmap--the Five-Year Plan and related documents--helps the reader understand the direction China's industry and economy will take in the next five years, ideal for strategic positioning, stock portfolio planning or new career directions. Finally, China's four economic supertrends--new manufacturing, urbanization, sustainability and affluence--show the areas where businesses, investors and professionals should concentrate their actions and effort. These supertrends hold the greatest opportunities as China progresses through its Olympic Decade, from 2008 to 2018. These ideas were first documented in the 2008 book Supertrends of Future China. Jason Inch and his co-author Dr. James K. Yuann accurately predicted that China would not only survive the global financial crisis, but thrive. This completely revised and updated work continues and expands the successful supertrends model for business success and investment returns. As a strategic manual for executives, a guide for investors, or inspiration for individuals charting new career paths, China's Economic Supertrends offers unique insights and ideas to the reader.

In the early 1990's, the world began to recognize China as a rising economic power to reckon with. China's economy is dynamic ? her human and natural resources are plentiful and her economic growth has been well sustained over the last 16 years. In fact, some have predicted that by the year 2020, China's economic output will be close to half that of the US. It is undeniable that China will be an economic giant, if she is not already one today.In this book, the author has traced China's economic development over the last 16 years. The steps and characteristics of China's economic reform are detailed. The prospects for China's economic growth are studied. The author also attempts to analyze topical issues pertaining to China's economic relations with the US and her integration with the other Asian economies. This book provides the interested reader with a bird's eye view of the Chinese economy over the last 16 years. Most chapters are written for the general reader, while a few are for professional economists. For the questions it answers or for those that it raises, this is an important book to read.

In the last two decades of the 20th century, China stood out as the world's star performer in economic growth, thanks to the market-oriented reform that started in 1978. At the turn of the century, the Chinese economy faces a series of challenges to sustain its growth and stability. The two-decade-long rapid growth has effectively strengthened China's economic power and raised its people's standard of living. It has also transformed China from a centrally planned command economy into a ?socialist market economy?, which operates increasingly in line with capitalist norms. Major structural problems, however, remain and are growing acute. Weakness in the fiscal system breeds rent seeking at the local level and causes tension in the state budget. The flawed financial institutions and the biased ownership structure continue to distort resource allocation and cause huge efficiency losses. Inter-provincial and inter-regional disparity is reaching a level that threatens national unity and social stability. As China joins the World Trade Organization and becomes more integrated into the world economy, it urgently needs to improve the domestic business environment and to beef up indigenous industries for foreign competition.This volume is a collection of papers written by scholars at the East Asian Institute to address those problems during the period 1999?2001. The authors, with their knowledge and experience in China studies, provide in-depth observations and professional analyses of some of the most important issues for the Chinese economy at the turn of the century. Some of the observations and analyses lead to enlightening policy recommendations. The solid scholarship combined with the policy orientation of these papers will appeal greatly to researchers in academia, governments and other institutions. The policy-oriented and fact-based analyses will also be of interest to practitioners in business, including business consultants.

China’s change to a new model of growth, now called the ‘new normal’, was always going to be hard. Events over the past year show how hard it is. The attempts to moderate the extremes of high investment and low consumption, the correction of overcapacity in the heavy industries that were the mainstays of the old model of growth, the hauling in of the immense debt hangover from the fiscal and monetary expansion that pulled China out of the Great Crash of 2008 would all have been hard at any time. They are harder when changes in economic policy and structure coincide with stagnation in global trade and rising protectionist sentiment in developed countries, extraordinarily rapid demographic change and recognition of the urgency of easing the environmental damage from the old model. China’s economy has slowed and there are worries that the authorities will not be able to contain the slowdown within preferred limits. This year’s Update explores the challenge of the slowdown in growth and the change in economic structure. Leading experts on China’s economy and environment review change within China’s new model of growth, and its interaction with ageing, environmental pressure, new patterns of urbanisation, and debt problems at different levels of government. It illuminates some new developments in China’s economy, including the transformational potential of internet banking, and the dynamics of financial market instability. China’s economic development since 1978 is full of exciting change, and this year’s China Update is again the way to know it as it is happening.

This book presents the work of a wide range of leading economists of China, who put forward new research findings and new thinking on a wide range of issues connected with the problem of sustaining China's economic growth.

This book brings together leading international scholars and leading scholars from China’s highly prestigious Development Research Centre of the State Council of the People’s Republic of China, who all put forward their insights into the current challenges for the Chinese and the world economy. The book focuses on six topics: economic growth, trade, industry and services, innovation, finance, and environment and ecology, all of which are central to the sustainable economic growth of China and the world. Overall, the book provides balanced perspectives as well as rich empirical evidence from China and other parts of the world on the development and regulation of the Chinese and the world economy.