ANBOUND Strategic Research Report: Research on China's Economic Structural Contraction and New Quality Productivity

by Kung Chan (ANBOUND's founder) & Zhao Zhijiang (Research Fellow at ANBOUND)

China's current economic growth situation is characterized by a structural contraction, with problems such as the real estate market crash, the withdrawal of foreign capital, and an aging population leading to a loss of economic structure and momentum.

The structural contraction of the Chinese economy is a long-term issue that cannot be seen solely through economic or cyclical perspectives, nor can it be changed merely through policy incentives and pushes, unless new growth momentum is created structurally.

ANBOUND's founder Kung Chan believes that reliance on new quality productivity is essential in facing this structural contraction. It is crucial to clearly define what is meant by new quality productivity and identify its foundation, whether it is based on the global market or primarily on internal demand within China. Kung Chan points out that by clarifying these concepts, China can avoid unnecessary detours, enabling "Made in China" and the Chinese economy to achieve a resurgence, gaining approximately 10 to 30 years to address deeper economic development issues.