New infrastructure : China takes the lead, to mitigate slowdown and power future growth

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<subTitle>: China takes the lead, to mitigate slowdown and power future growth</subTitle>
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<namePart>Dai, Xin</namePart>
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<namePart>Chen, Julia </namePart>
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<dateIssued>2020</dateIssued>
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<abstract displayLabel="Summary">China's government will leverage "new infrastructure" to mitigate economic slowdown and power growth. This reflects an inward-looking strategy to boost domestic demand and also manage external headwinds. Investments in "new infrastructure" will drive further expansion of the digital economy, which will account for half of national output by 2030. This will also extend the boundaries of insurability and open new investment opportunities.</abstract>
<note type="statement of responsibility">Xin Dai, Julia Chen</note>
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