American Economist: China’s development advantages have emerged, helping the economy grow beyond expectations丨Worldview
Since 2024, China's economy has continued its upward trend and achieved a stable and good start. Why can China still maintain strong economic development momentum? What lessons can countries around the world learn from China’s economic resilience? China News Network conducted an exclusive interview with Doug Guthrie, Executive Director of Thunderbird International Business School.
Guthrie said that China's current economic organization is better than most capitalist markets, and Chinese governments at all levels are very pragmatic and actively create a good business environment. At a time when the world economy is facing difficulties, China has the resources that can be mobilized to achieve the expected economic growth rate.
China's economy has made steady progress since the beginning of 2024. So why can China still maintain its strong economic growth? And what can be learned? In this regard, China News Network talked with Doug Guthrie, Director of China Initiative sat at Thunderbird School of Global Management.
GuthrienotedthatChina's seconomyismuchbetterorganizedthanmostcapitalistmarketeconomiesaroundtheworldrightnow.TheChinesegovernmentisanextremelydecentralizedandentrepreneurialsystemofdistrictandtownshipgovernments.
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