Blue Book of China's Commercial Sector (2016-17)

BOOK

Blue Book of China's Commercial Sector (2016-17)
Author

Fung Business Intelligence and the National Academy of Economic Strategy

Publication Date
Language

English

Published every two years, the Blue Book tracks the fast-evolving – and expanding – role of the domestic commercial sector as China shifts its growth model under the 13th Five-Year Plan (2016-20) to one that is focused more on quality rather than growth. The book draws on in-depth research from the private sector and academia into China's retail and distribution sector, logistics sector, and business districts development. Of note, the Blue Book designation is assigned by the Chinese Government only to the most authoritative publications by the highest-ranked research institutes. The latest edition of the Blue Book confirms that growth in China's ''new normal'' economy is being driven increasingly by rising domestic consumption and private entrepreneurship focused on mobile e-commerce, social e-commerce, rural e-commerce, and cross-border e-commerce. The current trends signal more than just a ''new normal'' for China; they mark the start of more sustainable growth that provides fertile ground for new economy innovations with far-reaching possibilities.