Lack of innovation is 'Achilles heel' for China's economy, Xi says

May 16, 2019

A lack of innovation is China’s “Achilles heel”, President Xi Jinping warned in an article given high prominence by state media on Thursday, where he also bemoaned the economy for being big yet without being strong. Xi’s comments, carried in the latest issue of the ruling Communist Party’s influential bimonthly theoretical journal Qiu Shi, were made in a speech in January 2016, and originally published a year later in a collection of Xi’s speeches.