Chinese Economy Experiencing Market Shift
3,627 views · Published 5 January 2009 · 2:26 · Indexed 21 September 2026
Channel: Voice of America · 2009 · News & Politics
China has achieved record economic growth making inexpensive products, and exporting them to foreign countries. Now, 30 years after the launch of economic reforms, there is a shift in policy toward the domestic market. Chinese officials are trying to move the manufacturing hub of Shenzhen away from being the world's factory floor, and into hi-tech innovation. Sam Beattie reports from Shenzhen, in Southern China.