The authorities have started to focus on strategies of fostering new growth engines such as in artificial intelligence, information technology, investing in research and development, and building a better social safety to unlock growth in Chinese consumers. Photo: SHUTTERSTOCK
Aidan Yao
Opinion

Opinion

Macroscope by Aidan Yao

Traditional data becomes less representative of the real Chinese economy

Investors: pay more attention to policy changes than predicting headline GDP or other mainstream data; focus on new growth engines, such as artificial intelligence and information technology

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The authorities have started to focus on strategies of fostering new growth engines such as in artificial intelligence, information technology, investing in research and development, and building a better social safety to unlock growth in Chinese consumers. Photo: SHUTTERSTOCK
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