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Analysis of economic development: implications for the world power balance
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China economy - 2015 to 2025 and beyond

(2022-06-18 11:47:39) 下一个
Outlook of China economy from 2015 to 2020 and beyond is more brighter than most predictions made recently by main streams of the western media.  

It is anticipated that China economy will have another 20 t0 30 years of growth in a fast pace. Three reasons are listed to support this view.

1. Much more growth room is evident in the western parts of China, and rural areas in each corner of China. This would require more investment of as much as $5 trillions US in infrastructures, public facilities, and self-contained housings for residents in these regions.

2. Establishment of fair social security systems that cover all citizens in China regardless where they live requires a huge amount of fund either from the government of all levels or from private insurance sectors. This has enormous potential of growth in next 100 years or so.

3. Updating existing urban infrastructures and building new satellite towns would require another huge amount of investment and long run of planning, that will push China to the front of advanced nations in next 10 to 25 years.

      
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