So far the process of trying to shift the focus of the Chinese economy from manufacturing to services has yielded mixed results . Although it initially started out well , China is finding it hard to change the behaviour of its citizens , the majority of citizens would rather save their new found income than spend it . This is mainly due to Chinese citizens worrying about money for themselves and looking after their families . Therefore , China is addressing these concerns by creating a strong social safety agenda , such as pension plans and health care etc .
So far the process of trying to shift the structure of the Chinese economy from manufacturing to services has received mixed results. Although it initially started out well, China is finding it hard to change the behaviour of its consumers, the majority of citizens would rather save their new found income than spend it. This is mainly due to Chinese citizens worrying about money for retirement and looking after their families. Therefore, China is addressing these concerns by creating a strong social safety net, such as pension plans and health care etc.