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Still room for China to grow

Urbanisation can boost incomes, which can lead to higher consumption.

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Education and healthcare are ripe for further investment, and will be essential to creating the human capital China will need if it is to compete in the highest value-added industries.

WE HAVE examined the prospects for Chinese trend growth, given the demographic outlook, planned urbanisation, and the scope for investment. Here, we address the issue of where this investment can go, and whether there is macroeconomic support for the planned transition to the new, consumption-

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