Part 6/13:

Slower Growth Projections

Forecasts indicate that China's annual growth rate may slow to around 4.5% to 5% over the next five years. Looking further ahead, projections for a 20-year horizon suggest growth could diminish to close to 4%. Several structural issues are constraining this growth, including demographic challenges like an aging population and declining productivity.

Changing Drivers of Economy

China is shifting away from an export-led economy towards increasing reliance on domestic demand. The real estate sector, once a key growth driver, is now in a troubled phase and will likely continue to be marginalized in favor of high-tech and innovative sectors. These sectors are viewed as more promising foundations for sustained development over the coming decades.