The future of China’s economy

Chinese President Xi Jinping is confident about china’s economic future. China is the second largest economy in the world; they have business connect all around the world. China has long acknowledged it needs to shift away from a growth model that has relied heavily on investment in construction and polluting industries that have fouled its water and choked its skies with smog. President Xi JinPing said:” We are focusing more on improving the quality and efficiency of growth,” said Xi, likening the process to finding one’s way to a “new village.” These years, China is too relaying on investments and contributions, but it actually caused lots of pollutions in the country. China’s air pollution is a big problem, they need to improve their economy while improve the environmental issues. Also Xi said APEC is a big family; China is ready to live in this family with others.

Resource:

http://www.cbc.ca/news/business/china-s-growth-still-robust-president-xi-jinping-tells-apec-summit-1.1928240

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