Balance sought between govt intervention, market By Huang Yiping | CHINA DAILY | Updated: 2025-03-24 09:13

https://www.chinadaily.com.cn/a/202503/24/WS67e0b1a6a310c240449dc6e2.html What is China's new economic momentum? Recently, my colleagues and I conducted a study on the evolution of industries amid economic fluctuations. Over the past 30 years, China's economy has grown through cycles, transitioning from being primarily driven by labor-intensive sectors to capital-intensive ones.