Original Source: Tsinghua People's Bank of China School of Finance (PBCSF)
A joint venture between Tsinghua University and People’s Bank of China (PBoC), offering degrees in finance and business.
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Industrial Structure Upgrading Requires Forming an “Innovation-Scale” Virtuous Cycle
产业结构升级需要形成“创新-规模”的良性循环
Summary of a lecture given by a Tsinghua University economist in which he urges Beijing to adopt measures to break free from “international technology containment.” Among other measures, Ju Jiandong suggests “Chinese technology must have at least a 30% share of the Chinese market,” to support the development of domestic technologies. In his view, failing to achieve what he terms “industrial upgrading” could lead to the future stagnation of the Chinese economy.