Harvard Business Review

NOVEMBER 6, 2013

This complicates the ability of outsiders to understand the purpose for and implications of policy changes. The plan is expected to outline policies intended to ensure that China continues to see average annual GDP growth of 7% through this decade, the growth rate required to meet Premier Li Keqiang’s stated goal of doubling GDP by 2020.

GDP 8

GDP Fixed Assets Globalization Survey 8

Harvard Business Review

DECEMBER 9, 2015

Some find evidence of a clear improvement of total factor productivity since market-oriented reforms began in 1979, estimating that the increase in TFP contributed about 40% to GDP growth, roughly the same as that contributed by fixed asset investment. There was also a slowdown in TFP after the mid 1990s. by the end of that period.

GDP 8

GDP Human Capital Fixed Assets Efficiency 8

Harvard Business Review

FEBRUARY 7, 2017

” Economic profit represents a company’s profit after subtracting a charge for the capital that the firm has invested (working capital, fixed assets, goodwill). Clearly, addressing persistent short-termism should be an urgent issue not just for investors and boards but also for policy makers.

Long-term 8

Long-term EPS Short-term Management 8