Chinese Delegate Warns Against 'Blind Investments' in Digital Economy at 'Two Sessions' 2024
Monday, 4 March 2024, 14:30
China’s ‘Two Sessions’ 2024: Risks in Blind Investments
A Chinese government economic adviser has raised concerns about the potential harm of 'blind investments' in China's digital economy. The adviser emphasized the need for local governments to utilize existing industrial foundations and local resources for sustainable growth.
Key Takeaways:
- Warning Against Blind Investments: Delegate cautions against hasty investments without proper planning.
- Utilizing Local Resources: Emphasizes the importance of leveraging existing infrastructure and resources for sector growth.
- Economic Planning: Calls for increased awareness and strategic planning by local governments.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.