When Eyeing Overseas Markets, China Should Target Hundred Million Club

One of the gravest challenges China faces as its economic growth rate slows is oversupply of output in some industrial sectors. Because it is the second-largest economy in the world and has the biggest population, the scales alone mean it carries enormous weight in the global economic and trade system. Policymakers must take this into consideration when forming strategies, and to facilitate this, we propose the concept of the Hundred-Million Club.