China Has $5.6 Trillion Productivity Opportunity, McKinsey Says

  • Zombie company overhaul, development of capital markets needed
  • Household incomes could be boosted by $5.1 trillion by 2030

A man and a woman ride on an electric scooter past new apartment buildings in Jining, China.

Photographer: Qilai Shen/Bloomberg

A productivity overhaul in China could add $5.6 trillion more to the economy by 2030 than the current model of using investment to spur growth. 

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