China economy

China must rely on its ‘internal market for innovation’, says sociology Prof Lau Siu Kai

China sees Shenzhen as one of the nation’s most important cities because “it's been the most successful since China’s reopening process”, according to Lau Siu Kai, vice-president of the Chinese Association of Hong Kong and Macau Studies. He spoke with the South China Morning Post after Chinese President Xi Jinping started a visit to southern China on October 12, 2020, to mark the 40th anniversary of the establishment of the Shenzhen Special Economic Zone. Prof Lau said that despite a rise of protectionism in the West, he anticipates that China will continue on a path toward opening up and reform.

October 15, 2020