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Structural Reform Needs to Bring Order out of Chaos
Supervising Professor: Li Wei ; Case Researcher: Gu Chongqing [ Language available : Chinese ]

Since reform and opening, China’s economic efficiency has grown rapidly, thanks to low production costs. But now, housing costs are higher and higher, and wages are on a similar trajectory. Production is starting to become expensive. This poses a huge threat to China’s cost advantage. Dealing with this threat is a very real problem.

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