What Do Chinese Small and Micro Enterprises Need Most Now?

To offset weaker export numbers and a reliance on foreign reserves, China needs a growth model that emphases quality goods and innovation-led growth. A twenty-first century economic model of innovation particularly requires the support of a highly efficient financial system, a sound legal system of intellectual property protection, fair tax incentives, and better entrepreneurial education.



Sun Lijian Associate Professor, Fudan University via CHINA US Focus http://ift.tt/1DICCO4