Background to economic success
China’s economic growth has lasted 40 years and represents the most (21) of the 21st century’. It started with (22) in the late 1970s.
Growth statistics
China’s economy has grown on average (23) a year.
(24) is growing at 17% per annum.
Its share of global manufacturing output has been doubled.
China is the world’s second-biggest economy and will (25) in the next 10 years.
The population of 1.3 billion provides China with not only the world’s largest market but also a huge workforce.
Many people migrate from (26) to urban areas to find jobs.
The growing middle class is (27) of China’s success.
Economics deficiencies
Some experts say China’s rapid growth relies too much on (28) .
If the wages of the workers rise too much, (29) may move to other countries.
Future challenges
China must invest more in (30) so that its own experts and entrepreneurs are produced.