Tourism is one of the traditional industries loosely defined within the ‘new economy’ - provided there is some element of internet empowerment involved. Photo: EPA-EFE
Tourism is one of the traditional industries loosely defined within the ‘new economy’ - provided there is some element of internet empowerment involved. Photo: EPA-EFE

China’s new economy loses sparkle, as hi-tech and modern industries fail to deliver

  • New analysis of 3,000 Chinese listed companies shows the share of new economy companies is declining, as are their revenues and profits
  • Companies in sectors such as artificial intelligence, semiconductors and health care have been unable to usurp heavy industries like infrastructure in China’s economy

Tourism is one of the traditional industries loosely defined within the ‘new economy’ - provided there is some element of internet empowerment involved. Photo: EPA-EFE
Tourism is one of the traditional industries loosely defined within the ‘new economy’ - provided there is some element of internet empowerment involved. Photo: EPA-EFE
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