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Private Sector Should Expand Production Overseas - Expert

CHINA PRESS
MNI (BEIJING)

China’s private sector should expand production overseas to diversify supply chains and allow the domestic economy to focus on high value-added and higher productivity services, according to Zhang Jun, director at the China Economic Research Center. This way, private firms can avoid overcrowding in the domestic market and adapt to the government’s move away from excessive reliance on investment towards promoting new driving forces. China should establish itself at the forefront of a new wave of multinational firms, Zhang added. (Source: Yicai)

MNI Beijing Bureau | lewis.porylo@marketnews.com
MNI Beijing Bureau | lewis.porylo@marketnews.com

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