The English language training (ELT) market in China is poised for significant growth, with projections estimating an increase of USD 144.85 billion from 2024 to 2028. This growth, driven primarily by increased private investment in online English training vendors, represents a robust compound annual growth rate (CAGR) of over 20% during the forecast period. Key Growth Drivers Increased Private Investment: …
How Alibaba Can Help You Source Products from China
Sourcing products from China has become a key strategy for businesses all over the world. Thanks to China’s impressive manufacturing capabilities and competitive prices, it’s a hotspot for quality goods. Alibaba, the leading global B2B e-commerce platform, is at the forefront of making this process easy and efficient. Let’s dive into how Alibaba can assist you in sourcing high-quality products …
Taicang: A Flourishing Hub for German Investment in East China
For over thirty years, Taicang has carved out a niche as a prime destination for German enterprises, driven by its dedication to creating a supportive business ecosystem. This commitment was recognized in November 2008 when Taicang was designated as a “Sino-German Enterprise Cooperation Base” by both China’s Ministry of Commerce and Germany’s Federal Ministry for Economic Cooperation and Development. It …
Are you sure about ‘Peak China?’ Why China still has room to grow
The world economy is experiencing what the World Bank calls “the slowest half-decade of GDP growth in 30 years.” As some of China’s key growth catalysts weaken against this backdrop, a few stakeholders in the Western economy have become defeatist and pessimistic. Some believe that China will soon get caught in the “middle-income trap” or even experience the “Japanization” of its economy, characterized by …
China now publishes more high-quality science than any other nation
By at least one measure, China now leads the world in producing high-quality science. My research shows that Chinese scholars now publish a larger fraction of the top 1% most cited scientific papers globally than scientists from any other country. I am a policy expert and analyst who studies how governmental investment in science, technology and innovation improves social welfare. …