The Shanghai market was closed most of the week for the May Day holidays, so it is a good time to step back and consider the larger picture that embraces policy and economic development.
It is this picture that helps set the investment and business proposals that are a priority in Government settings. These are the ‘darling’ areas of economic development and investment opportunity.
China takes a different view on economic development and the way it is used to alleviate poverty. The country’s philosophical position on economic development places poverty alleviation as a core purpose and Chinese policy decisions are framed by this context. President Xi Jinping’s support for the UN Global Development Initiative (GDI) is part of this process.
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