Abstract
China has maintained steady yet rapid economic growth for 12 consecutive years. Since 2003, however, too much investment in some industries has created a number of problems including shortages of energy, raw materials, and transport capacity, as well as price increases, which could have an adverse effect on economic growth. As a result, adjusting the investment structure for a new of industrialization has become fundamental to resolving the pressing conflict in the current economy and preventing radical economic changes.
Speech at the Forum for Coordinated Industrial and Environmental Development which first appeared in China Economic Times, June 7, 2004.
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© 2018 The Commercial Press, Ltd. and Springer Nature Singapore Pte Ltd.
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Zheng, X. (2018). Adjusting the Investment Structure for New Industrialization. In: China’s 40 Years of Economic Reform and Development. Springer, Singapore. https://doi.org/10.1007/978-981-13-2727-8_46
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DOI: https://doi.org/10.1007/978-981-13-2727-8_46
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