Yi Gang.jpgChina’s future economic growth will definitely gradually slow down. The issue for China’s economy is the quality of growth, which is why we now have to carry out structural adjustment and transform our development model. The true meaning of this is raising the quality and efficiency of growth. So we should change our attitude, and be calmer.”

The above quote is from deputy Chinese central bank governor, Yi Gang. He is the latest Chinese leader to highlight that China’s economic model is changing from export-driven development. It corresponds with a note from IMD, the leading Business School, that points out 2010 represents the peak year in demographic terms for China’s working population.

PREVIOUS POST

Definition of a technology start-up

30/07/2010

LinkedIn, the online network for chemical and other professionals, was valued at...

Learn more
NEXT POST

Companies see strong H1 earnings and volume

31/07/2010

The blog is awarding itself a pat on the back this morning. Last December, it ma...

Learn more
More posts
Smallpox was the first vaccination to change the world – now we have a new opportunity to improve our lives
03/04/2021

Chart 1: Increased life expectancy led to a dramatic increase in GDP/capita The pandemic has reminde...

Read
COP 26 set to accelerate development of the 15-minute city
28/03/2021

One of the good things to happen in the pandemic over the past year is that ‘cooking has becom...

Read
Circular economy set to replace today’s broken global supply chains
21/03/2021

The Great Freeze in Texas has confirmed once again the problems with today’s global supply cha...

Read
China’s dual circulation policy aims to reduce debt reliance
14/03/2021

Every now and then, people wake up to the fact that debt is only good news when it adds to growth. O...

Read
UK set to take hard line on EU trade under David Frost
21/02/2021

The Brexit debate has always been about politics, not economics.  So it was no surprise that Decemb...

Read
Smartphone sales highlight new trends in consumer markets
07/02/2021

Smartphone markets continue to provide early warning of the major changes taking place in consumer m...

Read
EU focuses on a sustainable and circular plastics system
31/01/2021

“The challenges posed by plastics are to a large extent due to the fact that our production and co...

Read
Buyers scramble for product as global supply chains breakdown
24/01/2021

Asian LNG prices reached $32.50/MMBTU this month, up from less than $2/MMBTU in June. The Shanghai C...

Read

Market Intelligence

ICIS provides market intelligence that help businesses in the energy, petrochemical and fertilizer industries.

Learn more

Analytics

Across the globe, ICIS consultants provide detailed analysis and forecasting for the petrochemical, energy and fertilizer markets.

Learn more

Specialist Services

Find out more about how our specialist consulting services, events, conferences and training courses can help your teams.

Learn more

ICIS Insight

From our news service to our thought-leadership content, ICIS experts bring you the latest news and insight, when you need it.

Learn more