CSV CAPITAL PARTNERS
Updated 2 days ago
P.O. Box 1831, Andover MA, 01810-0031
Since market-oriented reforms were initiated in 1978, China has successfully transformed itself from an agriculture-based economy into a manufacturing and service-based economy and from an economy almost entirely composed of state-owned enterprises to one with increasing private ownership and market-based incentives. Real gross domestic product (GDP) growth in China has exceeded 8% per annum on average since 1997.