China Urged to Boost Resource Infrastructure Investment for Economic Growth
The article examines how infrastructure affects economic growth by studying data from 15 countries, including China. It shows that as income levels rise, the demand for infrastructure increases, but different types of infrastructure grow at different rates. China needs to focus on resource infrastructure and increase investment in this area by 15%-24% annually to keep up with economic growth. The growth rate of infrastructure investment should be higher than the GDP growth rate to ensure sustainable development.