Case Studies on SMEs in Ningbo and Wenzhou Cities
Over the past 30 years since the implementation of the policy of reform and opening-up, China firmly seized the strategic opportunity of economic globalization by adopting the market for technology strategy through strongly attracting foreign direct investment.
China has conscientiously carried out the package plan formulated by the Central Government on further expanding domestic demand and maintaining the steady and rapid growth of the national economy.
Chinese people united as one and maintained a relatively rapid development of national economy and social affairs.
China's processing trade, which was initiated in 1979, now accounts for half of the country's foreign trade volume.
China is in a process of rapid urbanization.
China's state-owned financial institutions have, for many years, been the main body of its financial system.
The changes in the proportion of the state-owned economy to the national economy can be roughly divided into two stages.