China’s economic development prospects of the next 10 years, from the look of traditional economic theory, it should be slowed down. Classical economic theory, but ignored the other sources of growth, especially suitable for the Chinese economy.

If the emergence of a gender imbalance of young people should be married there more male than female in the situation, people tend to be more willing to put up with hardships, hard work, entrepreneurship and entrepreneurial activities are more active. This argument generally boils down to “bachelor of economics.”

Population should be married to be married young men and young women should be close to 1:1 ratio, and China before 2000 until around 2001, is basically 1:1, 2002, 2003, and gradually imbalance, the proportion of today’s young men and women in some places even up to 150:100.

This growth has anything to do with it? Assuming more affluent families than children of poor family a little high success rate of marriage, how to raise his family? Increase the savings rate is a channel, hard work, more overtime; assumptions have the ability to start, business is also a channel.

This growth contributed much to society? According to my research, the gender imbalance in China’s economic growth contributed 25% done. For example, where a serious gender imbalance, working enthusiasm is very high.

According to two surveys ten years of business (enterprise census every ten years) found that, from the new non-state enterprises, new private enterprises and local economic level, education level, income level factors, the severity of the imbalance between men and women around the also added the number of firms and enterprises have a very close relationship, but also from other places to prove this causal relationship.

Population projections based on births, male to female ratio in 2020 is that every seven young men in a knot is not married. This has an important meaning, in the next 10 years, China’s economic growth speed than the existing international experience continued a little longer, a little higher growth rate, China will maintain a certain time of 7% growth. On the other hand, once the turning point of economic growth, will soon turn speed.

We surveyed 30 economies, one question is: Do you think you are working in the country, the average growth in the next 10 years, how much? (2020). Some of the more interesting conclusions: 1. Leader in the world economy by the emerging market economies and commodity production States. The next 10 years is very obvious is an emerging market economies, on the whole, the growth rate in these countries is much higher than developed countries. 2. China will continue to maintain rapid growth, but many respondents to predict the future growth rate of around 6% 10. Overall, new growth may appear a miracle, in which the growth rate of India and Nigeria, China could rival or even surpass China. 3. In all developed countries, Australia and Canada are considered the best prospects for the next 10 years, because they are resource-rich countries, due to faster growth in emerging market countries, that resource-based countries, most emerging market countries can benefit.

The key constraints in different countries: 1. Overall, the developed countries the main challenge facing the government debt, tax system and government inefficiency. Although several countries have taken an active monetary policy, but inflation has not yet become a serious concern of the variables. 2. For emerging market economies, the most serious obstacles to their development constraints and inefficient government, weak infrastructure and so on.

The main challenges facing China rising labor costs and inflation. In contrast, the main obstacles to economic growth in India’s poor infrastructure, inefficient government and so on. Between different countries is faced with challenges, companies need a lot of risk aversion.

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Category: Business Management
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