How can economic growth help increase racial economic parity? Economic growth can create opportunities to right historical wrongs, if policy makers and business leaders foster more inclusive economies and societies. McKinsey research shows that existing economic inequality,especially in the United States, ...
Pan Helin, a researcher at Zhejiang University, said new productive forces have become a buzzword on local government agendas as China pivots to a growth model that prizes quality over quantity. "Chinese localities are under pressure in the economic transition. The new productive forces are expecte...
On April 1, 2017, China announced plans to establish the Xiong'an New Area about 100 kilometers southwest of Beijing, aiming to build the 1,770-square-kilometer area into a green, innovative city and a national model of high-quality development. Chinese urban planners envision that by the ...
If your business model relies on having to perform repetitive, non-scalable tasks (even doing in-person sales calls), you might face major barriers to scalability and growth. That's because these constraints might place an upper limit on the number of customers you can serve. The following si...
He noted that China had reached a critical stage in transforming its growth model. It faced problems such as rising labor costs, growing constraints from resources and the environment, and impediments in economic flows. The current principal contradiction in China's society has been transformed into...
He noted that China had reached a critical stage in transforming its growth model. It faced problems such as rising labor costs, growing constraints from resources and the environment, and impediments in economic flows. The current principal contradiction in China's society has been transformed into...
In spite of the challenges posed by the pandemic, trade and investment cooperation under the BRI has made remarkable achievements, making the Belt and Road a promising model of recovery for restoring economic and social activity and a model of growth for unlocking development potential. The China-...
The Atlanta Fed’s GDPNow is a forecasting model with estimates similar to one used by the BEA. The New York Fed’s Nowcasting Report is another model that attempts to estimate GDP growth using a wide range of macroeconomic data as it unfolds. Each is updated regularly throughout the quarte...
Hope and love are popular themes of literature and art in many human societies. The human physiology of love and hope is less well understood. This review presents evidence that the lack of love and/or hope delays growth disturbs development and maturati
Kong [16] used a binary choice model to find that enterprise innovation capability is the most critical factor for enterprise transformation and upgrading. Wang et al. [17] found that the key motivators for enterprises to make digital transformation decisions include factors such as the advanced ...