AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Economic Shifts and Regional Successes in China
This chapter explores the critical challenges faced by China's economy, including low domestic demand and financial risks for small enterprises, while urging a transition towards sectors that enhance public welfare. It also highlights Macau's impressive economic growth and strategic initiatives for diversification, commemorating its 25th anniversary since returning to Chinese sovereignty. Emphasizing long-term stability and infrastructure reforms, the chapter outlines the pivotal role of projects like the South to North Water Diversion in supporting both environmental and socio-economic goals.