Economic strength hinges on China

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 · China economic strength allows shift from stimulus. That would be lower than last year’s 13 per cent target, though still higher than the 11.3 per cent achieved. Economists expect the government to target gross domestic product growth of 6.5 per cent.

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Some of the strengths and weaknesses of China are making more competitive products, lacks high standards and integrity, and poorly planned investment decisions.

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China will also have to master the change from a fairly low-tech economy to a focus on high-tech industries. A so-called SWOT analysis reveals the strength and weaknesses of China’s economy, the potential threats it faces and the opportunities it could provide. General Strengths and Weaknesses

 · China is developing middle class consumers. The growth slow-down is dampening industrial output and state-owned enterprise profitability Among the fastest growing sectors of the economy are healthcare, technology, education and entertainment – which are gaining in importance in light of China’s economic rebalancing.

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The government projects have caused the economy to continue to expand between 7%-10% a year for the next 5 years, although rapid expansion in the future hinges on several major foreign investment projects, continued economic reform, and the revival of the agriculture, transportation, and tourism sectors.

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