While top government leaders have pledged the nation will continue to open, a new strategy being floated is for the world’s second largest economy to turn inward and focus on its massive domestic market.
“Strengthening efforts to advance development of the western regions is an important decision made to answer the request for balanced regional development and also to coordinate overall interests, both internal and external,” read the development guideline issued jointly by China’s cabinet, the State Council, and the Communist Party’s Central Committee.