Friday, November 29, 2013
ANBOUND: China Needs to Strengthen the "Backbone" of Its Economy
ANBOUND
Nowadays, the "backbone" of Chinese economy is the industry, especially manufacturing industry. ANBOUND research team warns that the issue of worsening industrial environment should be taken seriously. China needs a good grasp on the relationship between real economy and virtual economy because the virtual economy relies on real economy instead the other way round. Currently, the industrial development is facing hardships thus there is an urgent need to strengthen the “backbone” of China's economy.