Have you ever wondered how countries grow and become stronger? 🤔 Well, it’s not just about building more factories or making more gadgets. A famous professor in China named Bai Chong-en thinks that services like restaurants, travel, and entertainment are super important for the future! 🌟
Meet Professor Bai Chong-en
Professor Bai is the dean (that’s like the head teacher) of the School of Economics and Management at Tsinghua University, one of China’s top schools. He studies how money and businesses work. Recently, he shared some interesting ideas about China’s future.
Focus on Services
Professor Bai believes that in the future, people in China will spend more money on services. But what are services? Services are things that people do for us, like cooking our food in restaurants, helping us travel, or entertaining us with movies and games. 🎮🎬
He thinks that to help people spend more and enjoy life, China should make its service industries better, stronger, and bigger!
What About Manufacturing?
You might know that China is famous for making lots of things, like toys, clothes, and electronics. This is called manufacturing. Professor Bai says that while it’s important to keep making these things better and stronger, China shouldn’t always try to make more factories. Instead, it’s time to pay more attention to services.
Why Does This Matter?
When a country improves its services, people have more fun things to do, and they can enjoy better experiences. This can make life happier and also help the country’s economy grow in a new way.
Wrapping Up
So, the big idea is that China wants to make services like dining out, traveling, and entertainment even better! This could mean more exciting things to do and places to see in the future. 🌍🍿✈️
Reference(s):
Bai Chong-en: China needs to make services better, stronger & bigger
cgtn.com
