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"Continued foreign and domestic investment in infrastructure development, such as roads and urban expansion, will be key for sustained economic growth in Africa and the Middle East over the next decade," said Zhao Ying, a researcher at the Institute of Industrial Economics of the Chinese Academy of Social Sciences in Beijing.
"China's economy has been transitioning from a phase of rapid growth to a stage of high-quality development," said the report delivered to the 19th Communist Party of China National Congress in October. "This is a pivotal stage for transforming our growth model, improving our economic structure, and fostering new drivers of growth."
"Chinese consumers are looking for superior quality, safety and efficacy, they want formula transparency and are passionate about acquiring professional knowledge," he said.
"Chinese consumers are shopping across seven different store types and we believe there are still opportunities for brick and mortar retailers," said Jason Yu, general manager of Kantar Worldpanel China. The key is how the retailers adjust to the changes in China and revise their store formats and accelerate digitalization.
"China's environmental industry maintained a growth of about 17 percent in 2017, and the growth of the environmental engineering and equipment sector specifically could reach 15 to 30 percent in 2018," said Wu Shunze, director of the environmental and economic policy research center at the Ministry of Ecology and Environment.