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China's productivity growth stalls despite R&D investment

China's economic growth is facing challenges due to diminishing returns on capital investment and a declining working-age population. Despite significant government spending on R&D and industrial policies like Made in China 2025, the country has not seen substantial improvements in productivity growth. This is partly attributed to the continued practice of local officials propping up inefficient firms to meet GDP targets, a practice that persists despite central government regulations. AI

RANK_REASON Article discusses economic policy and productivity challenges in China, offering analysis rather than reporting a specific event.

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China's productivity growth stalls despite R&D investment

COVERAGE [1]

  1. ChinaTalk TIER_1 English(EN) · Zern Hee Chua ·

    China's 'dying' companies

    and where productivity growth will really come from