The middle-income trap remains a challenge for China’s policymakers after a decade. Photo: AFP
The middle-income trap remains a challenge for China’s policymakers after a decade. Photo: AFP
Zhou Xin
Opinion

Opinion

Zhou Xin

Why China’s strategy for avoiding the middle-income trap is a challenging one

  • In a lengthy article, Vice-Premier Liu He advocates for China to shift its growth model towards relying on technological innovation
  • Beijing’s policymakers, it seems, are placing their hopes on China’s continued growth on one single bet

The middle-income trap remains a challenge for China’s policymakers after a decade. Photo: AFP
The middle-income trap remains a challenge for China’s policymakers after a decade. Photo: AFP
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