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Wednesday, December 09, 2015
Chan Kung: China's Anomalous GDP Model Should Be Rectified
ANBOUND

Chan Kung, ANBOUND's chief researcher is of the view that, for GDP, we should pay attention to its efficiency, it has to be balanced and the social indicators shall be taken into consideration.

However, if the GDP model is anomalous, then it is one-fold, with only simple accumulation of investment, investment and investment.

This is anomalous GDP model. And in order to rectify such model, the manufacturing sector, service sector and internet sector, are, of course, have to be developed, and what is more important is that none of these industries should be overemphasized at the expense of the others.

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