How is economic development predicted to change in the future?
The new Chinese power house is going to be very different today than twenty years ago. Technology has produced marked changes in China; Internet usage growth creates a positive environment for economic growth as well as international economic integration. This growth has produced an unprecedented acceleration of development. Increased connectivity allows for more rapid communication and flow of information and makes consumers fully connected participants in the cultural and economic society of which they are a part. This means that economic development is forced to cater more and more to the needs of the consumer.
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