China's Economic Policy
China's economic policy focuses on maintaining rapid growth while transitioning from an investment-driven economy to one that emphasizes consumption and innovation. The government implements strategies to boost domestic demand, improve infrastructure, and support high-tech industries, aiming to reduce reliance on exports.
Additionally, China promotes international trade through initiatives like the Belt and Road Initiative, which seeks to enhance connectivity and economic cooperation with other countries. The government also regulates key sectors to ensure stability and control over the economy, balancing market forces with state intervention to achieve sustainable development.