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Latest market outlook, economic and policy updates on China
Chinese firms seek growth through technology and trust
Outlook following Boao Forum for Asia
Innovation drives China’s regional coordinated development
The private sector is key to China’s ongoing economic transformation. Since the country’s economic reforms in the 1980s, private businesses have assumed a catalytic role in driving growth. The sector now contributes more than 60% of national GDP growth and employs over 80% of workers. This report sheds light on the views of private companies in Mainland China and Hong Kong in the context of business opportunities and challenges brought by the global trade environment, domestic market dynamics, as well as digital transition in the workplace.