CLEAN : China economy rebounds in 2017 with 6.9% growth

In 2017, China's economy showed robust growth, surpassing market expectations. The economy is undergoing positive transitions, with the service sector now contributing more than half of the GDP, surpassing manufacturing. Internet companies like Tencent and JD are thriving, boosting private consumption, which now drives 65% of China's growth. Recent government policies focus on reducing financial risks and reforming state-owned companies, albeit gradually. For China to become a future superpower, it must embrace an open economy and competition.

What percentage of China's GDP is now represented by the service sector?

How has China's consumption contributed to its growth in recent years?

What are the recent Chinese government policies emphasizing?

Why is it important for China to have an open economy?

What does the current government of China view for the future?