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China should deepen the supply-side structural reforms, achieve enterprise transformation through real market demand and promote the survival of the fittest to form a benign market, instead of relying too much on the policy incentives, Yao said.
China offers a huge range of opportunities including the rise of the size of major Chinese companies (both private and SOEs), the rapidly growing middle class, the rise in high-net-worth individuals and large private companies, and the level of innovation that is occurring in China, said Meacock.
China making inroads, but still lags West
China started to run its first 350-kmh high speed train between Beijing and Tianjin in August 2008 and opened at least three more such high speed lines nationwide in the following years, until the authorities ordered speeds to be cut to between 250-300kmh in 2011.
China might continue its dominance in the global luxury scene, said Bruno Lannes, a partner with Bain & Company, adding that Chinese consumers show a strong preference for buying luxury goods at home thanks to price adjustments, consumer-centered strategies and government initiatives.
来源：资阳报