From 1949 to 2024: What Secrets Lie Behind China’s Economic Miracle?

Professor Wen Yi elaborated on how state capacity, industrial policy, and innovative capacity have shaped the economic miracle of China. He believes that these factors not only hold the key to China’s success but also played crucial roles in the UK Industrial Revolution and the economic boom of the US. Furthermore, Professor Wen Yi utilized the principles of the Industrial Revolution to bolster his insights on the future outlook of the Chinese economy.