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The latest figures from the National Cultural Heritage Administ

stration show China had 5,354 museums by the end of 2018, and museums across the country held some 2 6,000 exhibitions in 2018 and received 1.126 billion people, an increase of 30 percent and 16 percent, respectively. The International Council of Museums organized the annual I nternational Museum Day in 1977 to address the changing […]

Nevertheless, it is difficult to separate cyclical elements

and external shocks from the long-term trend and to conclude that China’s potential growth rate really is 6-6.5 percent. Many Chinese economists cite long-term supply-side structural factors-such as demographic agi ng, environmental degradation, and a lack of progress on reform-to argue that China has simply en tered a new stage of development, characterized by significantly […]