Investors Are Beginning To Worry About The Prospects Of China's Economy.

Although many Chinese enterprises have great potential for development, bright prospects and obvious advantages, Jones noted that China's high-tech enterprises, which are expected to become global industry leaders, are only "very individual phenomena".

Chairman and chairman of the US international business strategy consulting company Handel Jones Recently, the Chinese economy, which has slowed down growth, still has the conditions to maintain relatively rapid growth. A number of high-tech enterprises in China are also expected to become the future global industry leaders.

The near future, China's economy Facing greater downward pressure. In 2014, China's economy declined to 7.4% in the past four years, the lowest growth rate in 24 years. In March this year, the Chinese government announced the new year's economy. Growth target Turn it down to around 7%. Some market investors are beginning to worry about the future of China's economy.

In response, Jones, a long-term study of Chinese economy and Chinese enterprises, said in an exclusive interview with reporters: "from the perspective of the current economic trend in China, the policies being implemented by the Chinese government and the initiatives taken by enterprises, I believe that China's economy is very conditional and will continue to maintain rapid growth at least in the next ten years."

Speaking of some western media hype "China's economic collapse theory", Jones disagrees. He said: "China's economy has problems of overcapacity, local debt risks and other challenges such as the international market being sluggish, but if you read American newspapers every day, you will have an impression that the collapse of China's economy will be announced at any time."

Over the past more than 10 years, Jones has been studying the transformation and upgrading of China's economy and the strategy of enterprise development. He has written the book "China's global revolution", "China and the United States" and other books. Jones, who has visited China for more than fifty times, says that those who are bad mouthing the Chinese economy simply do not understand China and China's economy.

Jones attributed his confidence in China's economy to the huge and high quality "human assets". The talented people here have a strong enterprising spirit and entrepreneurial spirit. Besides, the strong economic planning ability of the government is also a guarantee for the success of China's economy. The grand and practical planning can not only guide the rapid development of the industry, but also set up a platform for the development of the enterprises.

He said that Chinese enterprises still have a long way to go before they want to become truly innovators and leaders. Many Chinese enterprises must first change their ideas of being willing to become low cost "imitators" and "second". They should not only focus on reducing costs and increasing market share, but also focus more on improving their quality and profitability.

Jones pointed out that abundant human resources, effective government planning and increasing investment in research and development will enable a group of Chinese enterprises to become a global leader in 5G, Internet of things, semiconductor and other industries.

Jones said that during his cooperation with China's high-tech companies, he obviously felt the changes that these enterprises are taking. Their innovation ability and management level of enterprises have been greatly improved, and their confidence in participating in global market competition has become more and more sufficient.