Experts' views on Xi's high-quality growth

By Chen Weihua, Zhao Huanxin, Cecily Liu, Wang Mingjie、Edith Mutethya, Wang Jianfen and Jin Dan | chinadaily.com.cn | Updated: 2018-03-20 16:18

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**Douglas Morton**, head of Asia research at Northern Trust Capital Markets, a financial services company

The entire system of government in China has now shifted from the speed of which China grows to the method in which this is done.

From the removal of local government growth targets a few years ago to the merger of the CBRC and CIRC this week to better control lending, the primary goal of the Chinese government has been to shift the focus of China's economy to one of sustainability.

China is now becoming a true global leader in the technological consumption revolution within 5G development, the utilization of AI within retail and the internet of things through companies such as Tencent, Alibaba, Huawei and ZTE.

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